GO
Loading...

Enter multiple symbols separated by commas

Stocks Best Buy Co Inc

More

  • CHICAGO, Aug 28- U.S. retailers including Toys R Us are starting to negotiate with their Chinese suppliers to take advantage of lower manufacturing costs after China devalued the yuan, with many saying they want to be ready if currencies in China and other Asian countries drop more against the dollar. Earlier this month, China devalued its tightly controlled...

  • *China cuts interest rate for second time in two months. Aug 25- A strong rally on Wall Street evaporated on Tuesday and stocks ended with deep losses as concerns about China's economy outweighed lower valuations that some saw earlier as bargains. Investors cited more worries that a slowdown in China could hobble global growth, even after the country's central...

  • Best Buy and DSW are big market movers Tuesday, 25 Aug 2015 | 4:37 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Best Buy Co., up $3.68 to $32.95. Exelon Corp., down $2.24 to $30.40.

  • Dow, S&P close lower in biggest reversal since Oct. 08 Tuesday, 25 Aug 2015 | 4:06 PM ET
    Trader on the floor of the New York Stock Exchange.

    U.S. stocks closed lower, after a failed attempt to rally, as investor confidence waned amid continued concerns about China and global growth.

  • Following huge beat, buy Best Buy? Tuesday, 25 Aug 2015 | 3:55 PM ET

    Investors were happily surprised on Tuesday as Best Buy reported better-than-expected sales, profit margins and raised guidance ahead of estimates.

  • US STOCKS-Wall Street's sharp rally loses its edge Tuesday, 25 Aug 2015 | 3:12 PM ET

    *China cuts interest rate for second time in two months. *Apple up 5.1 pct, Best Buy jumps 15.48 pct. Investors drove prices sharply higher from the opening bell but caution set in by the afternoon due to lingering concerns that a slowdown in China could hobble global growth, even after the country's central bank cut interest rates on Tuesday for the second time in...

  • *China cuts interest rate for second time in two months. Investors snapped up beaten-down stocks from the opening bell but caution set in by early afternoon amid lingering concerns that a slowdown in China could hobble global growth. "They are trying to figure out what the slowdown in China means to the global economy," he said.

  • Best Buy ups bet on Apple Watch Tuesday, 25 Aug 2015 | 1:13 PM ET
    Best Buy

    Beginning Sept. 4, the Apple Watch will be sold in more than 900 stores, and by the end of September it will be in all 1,050 locations.

  • US STOCKS-Wall St posts biggest rally of the year Tuesday, 25 Aug 2015 | 11:14 AM ET

    *China cuts interest rate for second time in two months. Aug 25- U.S. stocks posted their sharpest rally of the year on Monday, as investors sought out bargains a day after Wall Street's worst performance in four years on fears China's economy was slowing. Markets also got a shot of good news with China's second interest rate cut in two months.

  • *Best Buy to sell Apple Watch in 900 stores starting Sept. 4. Aug 25- Best Buy Co Inc, the biggest U.S. electronics chain, reported an unexpected increase in quarterly sales and said it expected consumer spending to remain strong this quarter, sending its shares up nearly 15 percent. Chief Financial Officer Sharon McCollam said the financial markets' recent...

  • *China cuts interest rate for second time in two months. Aug 25- U.S. stocks rebounded sharply on Tuesday as investors sought out bargains a day after Wall Street turned in its worst performance in four years. "What we need to see to calm investors is positive economic data points out of China and only when we see that will the rallies be sustainable," said Xavier Smith,...

  • NYSE invokes Rule 48 again to smooth market open Tuesday, 25 Aug 2015 | 9:14 AM ET
    Trader on the floor of the New York Stock Exchange.

    U.S. stock index futures pointed to a sharply higher open on Tuesday, recovering from the plunge seen in global stocks on Monday.

  • NEW YORK— The latest on the global financial market turmoil:. The S&P 500 closed down for a sixth straight day and is off 12 percent from its record close of 2,130.82 on May 21. As well as concerns about the outlook for growth in China, investors are also getting jittery about the prospect of a potential rate increase from the Federal Reserve this year, said Scott Wren, a...

  • Aug 25- Best Buy Co Inc, owner of the biggest U.S. electronics chain, reported an unexpected increase in quarterly sales, helped by demand for appliances, TVs and mobile phones. Best Buy has cut jobs, closed stores and streamlined its management structure in an effort to boost profit and margins and compete better with online and big-box retailers.

  • Early movers: BBY, DSW, AAPL, TOL & more Tuesday, 25 Aug 2015 | 7:39 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Best Buy shares soar 11% after earnings easily beat Tuesday, 25 Aug 2015 | 7:20 AM ET
    A customer gets help from an employee at a Best Buy store in San Francisco.

    Best Buy delivered quarterly earnings and revenue that topped analysts' expectations on Tuesday.

  • Best Buy posts surprise increase in quarterly sales Tuesday, 25 Aug 2015 | 7:12 AM ET

    Aug 25- Best Buy Co Inc, one of the few remaining U.S. electronics store operators, reported a surprise increase in quarterly sales, helped by demand for appliances, televisions and mobile phones in the United States. Net income attributable to shareholders rose to $164 million, or 46 cents per share, in the second quarter ended Aug. 1 from $146 million, or 42 cents per...

  • Best Buy 2Q performance beats analysts' expectations Tuesday, 25 Aug 2015 | 7:09 AM ET

    NEW YORK— Best Buy's turnaround is charging ahead. Best Buy's results are benefiting from an overall shift in consumer spending toward big ticket items in the home amid improving home values. "The home focus is very meaningful, when you think about our competitive advantages," Best Buy's CEO Hubert Joly told The Associated Press in an interview Tuesday.

  • Dow futures spike after huge selloff Tuesday, 25 Aug 2015 | 5:59 AM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stock index futures pointed to a sharply higher open on Tuesday, recovering from the plunge seen in global stocks on Monday.

  • For most of the day, it appeared that the market had shaken off some of its worries about the slowdown in China, and at one point the Dow was up by as much as 441. But then sell orders began pouring in in the last 15 minutes of trading. The rally came after China lowered interest rates to try to boost the world's second-biggest economy. "The return to a more traditional...