Pay raises and cheap gasoline make low-end retailers like Wal-Mart and Kohl's better buys than those at the high end, several analysts say.» Read More
Autozone Inc. fell $1.51 or. 2 percent, to $650.97. Bed Bath& Beyond Inc. rose$. 03 or percent, to $74.39. Best Buy fell$. 16 or. 4 percent, to $39.63.
Autozone Inc. fell $4.41 or. 7 percent, to $648.07. Bed Bath& Beyond Inc. rose$. 20 or. 3 percent, to $74.56. Best Buy fell$. 38 or 1.0 percent, to $39.41.
Autozone Inc. fell $1.56 or. 2 percent, to $650.92. Bed Bath& Beyond Inc. rose$. 04 or percent, to $74.39. Best Buy fell$. 16 or. 4 percent, to $39.63.
NEW YORK, March 5- Citigroup Inc had at least one advantage in its successful bid for the exclusive right to issue credit cards for Costco Wholesale Corp, rivals and tax specialists say: it lost so much money during the financial crisis that it has billions of dollars of tax credits. Citigroup and Costco have not disclosed terms of the deal, and outsiders can only...
Autozone Inc. rose$. 58 or. 1 percent, to $652.48. Bed Bath& Beyond Inc. fell$. 48 or. 6 percent, to $74.36. Best Buy rose$. 61 or 1.6 percent, to $39.79.
Autozone Inc. fell $2.89 or. 4 percent, to $649.01. Bed Bath& Beyond Inc. fell$. 16 or. 2 percent, to $74.68. Best Buy rose$. 50 or 1.3 percent, to $39.68.
Autozone Inc. rose $1.15 or. 2 percent, to $653.05. Bed Bath& Beyond Inc. fell$. 62 or. 8 percent, to $74.22. Best Buy rose$. 26 or. 7 percent, to $39.44.
Autozone Inc. rose $2.37 or. 4 percent, to $651.90. Bed Bath& Beyond Inc. fell$. 83 or 1.1 percent, to $74.84. Best Buy rose$. 55 or 1.4 percent, to $39.18.
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 55 cents to $39.18. Ford Motor Co., down 40 cents to $16.17.
*Best Buy climbs after results. *Citigroup to sell OneMain Financial to Springleaf Holdings. It's predicated on the fact that when you get up around new highs market participants tend to get a little vertigo, "said Art Hogan, chief market strategist at Wunderlich Securities in New York.
Best Buy reported higher-than-expected quarterly earnings on a strong holiday season and said it would buy back stock for the first time since 2012.
Michael Lasser, UBS Retail analyst, provides analysis on Best Buy's quarterly numbers.
Insight on Best Buy's earnings, with CNBC's Courtney Reagan , who spoke with CEO Hubert Joly.
March 3- Best Buy Co Inc, the largest U.S. consumer electronics chain, on Tuesday reported higher-than-expected quarterly earnings on a strong holiday season and said it would buy back stock for the first time since 2012.. Chief Executive Officer Hubert Joly said on a conference call that Best Buy planned this year to start a cost-cutting effort to save $400...
NEW YORK— U.S. stocks are opening slightly lower, pulling the Nasdaq composite back below 5,000 points. The Dow Jones industrial average fell 41 points, or 0.2 percent, to 18,248 as of 9:35 a.m. Eastern time. Best Buy gained 1 percent after the electronics retailer said it would raise its dividend 21 percent and give shareholders an additional one-time payment.
*Best Buy climbs in premarket after results. *Citigroup to sell OneMain Financial to Springleaf Holdings. "The market is naturally settling in, taking a breather until the scales tip either way to commence the next move to continued to new heights or a consolidated pullback," said Andre Bakhos, managing director at Janlyn Capital LLC in Bernardsville, New Jersey.
U.S. stock index futures fell on Tuesday, ahead of auto sales and amid earnings from big-name retailers like Best Buy and Dick's Sporting Goods.
Best Buy Co. raised its quarterly dividend 21 percent and plans to give shareholders an additional one-time payment after the nation's largest electronics chain reported a better-than-expected fourth-quarter profit. Best Buy will pay the special cash dividend and the increased regular quarterly payout on April 14 to shareholders of record at the close...
Some of the names on the move ahead of the open.
*Best Buy climbs in premarket after results. *Citigroup to sell OneMain Financial to Springleaf Holdings. *Electronics retailer Best Buy climbed 4.8 percent to $40.50 in premarket trade after it reported quarterly results, announced a special dividend and the resumption of its share repurchase plan.