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CNBC's Mary Thompson reports highlights from the company's conference call.
Michael Pachter, Wedbush Securities analyst, has the play on Best Buy after reporting better-than-expected numbers and no buyout offer from founder Richard Shulze.
On the day mandatory budget cuts are to begin, CNBC's Jim Cramer said Friday that market fears about Washington's gridlock are overblown.
Michael Lasser, UBS analyst, breaks down the big box retailer's quarterly numbers, and discusses why the company's business model still works, but in the future its stores will become a focal point to launch their online business.
U.S. stock index futures held their losses Friday, weighed by a weaker-than-expected personal income report and weak economic data from Europe and China.
Consumer electronics giant Best Buy reported quarterly earnings and revenue that exceeded Wall Street's expectations.
Richard Schulze's efforts to take over Best Buy, the struggling electronics retailer he founded nearly 47 years ago, have ended. The New York Times reports.
The big box retailer is deploying various new strategies to turn the company around and combat "showrooming" including honoring online price matching all the time. Still, Wall Street expect same-store sales to fall 1 percent for the fourth quarter.
CNBC's Courtney Reagan provides a look ahead to the retailer's quarterly numbers.
U.S. stock index futures struggled to hold gains Thursday, as investors digested a tepid GDP report against better-than-expected jobless claims news.
Best Buy founder Richard Schulze's effort to take the company private is in trouble after attempts to secure financing faltered, while an alternative strategy to line up minority investors may not pan out either, Reuters reported.
Consumers, claiming insider knowledge from former employees, file class action lawsuits alleging Budweiser brands are intentionally watered down and the alcohol content misstated
Check out which companies are making headlines after the bell Tuesday:
Stocks ended near their best levels Tuesday, recovering from their worst one-day drop in 2013, following Fed Chairman Ben Bernanke's speech and buoyed by a batch of upbeat economic reports.
Best Buy says it has cut about 400 jobs at its Richfield, Minn., headquarters.
The "Mad Money" host reveals what he plans to follow in the days to come.
Washington's budget debate could stir up new anxieties as markets head into March, even with expected reassurances about Fed policy from Fed Chairman Ben Bernanke in the week ahead. Europe could also come back into play in the coming week, as currency traders are focused on the outcome of the Italian election.
Next week is the biggest one of the earnings season for the retailers. While each will have different nuances, and wrap up the key holiday quarter, Wall Street will be focused on the sales forecast for the current quarter.
About to hit the buy button? If you're playing M&A Cramer thinks you should think twice, at least in these cases.
Capital One's sale of its Best Buy credit card portfolio to Citigroup underlines the company's revenue-growth challenge.