Thursday, March 29, 2012

Bby

  • Best Buy (NYSE: BBY) shares now pulling back following its fourth-quarter 2012 report which saw weaker numbers but the introduction of several cost-cutting steps aimed at returning value to shareholders. Revenue for the quarter rose 3 percent from $16.
  • (StreetInsider.com)
  • Best Buy (BBY) announced that it earned $2.47 per share during is fiscal fourth quarter, exceeding analyst estimates of $2.15 per share. The company projected full year earnings of $3.50 to $3.80 per share, while analysts expected $3.70 per share.
  • (Forbes)
  • Best Buy Co. (BBY) (BBY), the world's largest consumer-electronics retailer, reported fourth-quarter profit that exceeded analysts' estimates and said it would close 50 U.S. big-box stores this year as it works to control costs.
  • (Businessweek)
  • NEW YORK (Dow Jones)--Best Buy Co.
  • (Wall Street Journal)
  • Its official: Best Buy (Nasdaq: BBY ) is really getting killed in the cutthroat retail environment.
  • (Motley Fool)
  • (RTTNews.com) - Consumer electronics retailer Best Buy Co. Inc. (BBY) reported a fourth-quarter GAAP net loss of $1.7 billion, or $4.89 per share, compared with an income of $651 million, or $1.62 per share a year ago.
  • (Quick Facts - NASDAQ)
  • The following stocks were detected to be trading among the most active on March 29: Best Buy Co. Inc, iShares Russell 2000 Index, Nokia Corporation, General Electric Company, and iShares FTSE China 25 Index Fund.
  • (takeoverchatter.com)
  • LONDON (Reuters) - Britains biggest construction company Balfour Beatty (LSE:BBY.L - News) has warned all its 12,000 staff in the UK that their jobs are at risk, the construction industry magazine Building reported on Wednesday.
  • (Yahoo Finance)
  • Shares of Best Buy (BBY) are down $1.87, or 7%, at $24.75, in early trading after the company this morning reported fiscal Q4 revenue below analysts' estimates and offered a year revenue and profit view below consensus.
  • (Barron's Online)

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