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Best Buy Co Inc

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  • Wealth of Choice in Tablet Market: Pro     Monday, 12 Nov 2012 | 5:20 AM ET

    Bridget Carey, senior editor at CNET, tells CNBC about Best Buy's recent entry into the increasingly popular tablet market.

  • Although the headlines are still dominated by the U.S. presidential election and the aftermath of Superstorm Sandy, analysts are still looking ahead to the busy holiday shopping season — there are only 48 days until Christmas — and some of the latest reports are more optimistic than the earlier projections.

  • Top 'Black Friday' Myths Debunked Monday, 5 Nov 2012 | 2:29 PM ET

    Thanksgiving is right around the corner. For some people this means family, food and football. But for others it means just one thing: shopping.

  • UPDATE 4-Amazon reports first quarterly net loss in years Thursday, 25 Oct 2012 | 11:39 PM ET

    *Amazon spending heavily on warehouses, Kindle technology, cloud business. SAN FRANCISCO, Oct 25- Amazon.com Inc reported its first quarterly net loss in more than five years on Thursday as the world's largest Internet retailer spent heavily and suffered from an economic slowdown in Europe.

  • UPDATE 3-Amazon reports weak results, shares slip Thursday, 25 Oct 2012 | 10:25 PM ET

    *Amazon spending heavily on warehouses, Kindle technology, cloud business. SAN FRANCISCO, Oct 25- Amazon.com Inc reported weak quarterly results on Thursday as the world's largest Internet retailer spent heavily and suffered from an economic slowdown in Europe.

  • UPDATE 2-Amazon reports weak results, shares slip Thursday, 25 Oct 2012 | 9:06 PM ET

    *Amazon spending heavily on warehouses, Kindle technology, cloud business. SAN FRANCISCO, Oct 25- Amazon.com Inc reported weak quarterly results on Thursday as the world's largest Internet retailer spent heavily and suffered from an economic slowdown in Europe.

  • Options Action: Rough Day for Best Buy     Thursday, 25 Oct 2012 | 5:45 PM ET

    Best Buy dropped almost 10 percent after issuing an earnings warning. CNBC contributor Mike Khouw of CRT Capital Group LLC, says one options traders is playing the stock with skepticism.

  • Will Best Buy Restructuring Be Enough? Thursday, 25 Oct 2012 | 12:55 PM ET

    Best Buy announced on Wednesday it would remove a number of senior managers as part of its restructuring plan, but will it be enough to turn around the struggling retailer?

  • Best Buy shares continue slide on dimmer outlook Thursday, 25 Oct 2012 | 11:40 AM ET

    NEW YORK-- Shares of Best Buy Co. continued to slide Thursday, a day after the struggling electronics retailer slashed its guidance for the year and announced the departure of two key executives as part of a turnaround push.

  • Another Warning Signal at Best Buy     Thursday, 25 Oct 2012 | 10:16 AM ET

    R.J. Hottovy, Morningstar analyst, discusses the latest management changes at Best Buy, and weighs in on the company's warning on earnings.

  • SEATTLE, Oct 24- Firm sales numbers for Microsoft Corp's Windows 8 and its new Surface tablet will not be available for three months, but it may be clear long before then if it has a hit on its hands.

  • *Dow down 0.2 pct, S&P 500 off 0.3 pct, Nasdaq off 0.3 pct. *Boeing dips after results, but Dow Chemical jumps on job-cut plans. The S&P 500 has lost 3.6 percent over the past five sessions, hurt by weak earnings outlooks and top-line revenue misses from large multinational companies.

  • UPDATE 3-Best Buy warns on profit; U.S. unit head to leave Wednesday, 24 Oct 2012 | 10:05 PM ET

    Oct 24- Retailer Best Buy Co Inc on Wednesday warned earnings and same-store sales would fall for its fiscal third quarter, and said the head of its U.S. business will leave as it starts to restructure under a new chief executive. Best Buy shares fell 6.8 percent in after-hours trading.

  • Oct 24- Retailer Best Buy Co Inc on Wednesday warned earnings and same-store sales would fall for its fiscal third quarter, and said the head of its U.S. business will leave as it starts to restructure under a new chief executive. Best Buy shares fell 6 percent in after-hours trading.

  • Oct 24- Retailer Best Buy Co Inc on Wednesday warned earnings and same-store sales would fall for its fiscal third quarter, and said the head of its U.S. business unit will leave as it restructures its U.S. business into physical and online units.

  • News summary: Best Buy execs leave, 3Q view weak Wednesday, 24 Oct 2012 | 6:26 PM ET

    BYE-BYE: Best Buy said Wednesday two executives, including its U.S. president, are leaving the company. Shares of Best Buy fell in after-hours trading. Joly plans to give his assessment of Best Buy's prospects at the company's Nov. 1 meeting.

  • Best Buy falls on 3Q outlook, 2 execs leaving Wednesday, 24 Oct 2012 | 5:57 PM ET

    NEW YORK-- Best Buy said Wednesday two executives, including its U.S. president, are leaving the company as it eliminates the most senior level of its U.S. operations, the latest move by CEO Hubert Joly to turn around the struggling electronics chain. Shares of Best Buy fell 7.5 percent in after-hours trading.

  • Best Buy axes 2 execs, expects 3Q net income drop Wednesday, 24 Oct 2012 | 5:10 PM ET

    NEW YORK-- Best Buy says two executives, including its U.S. president, are leaving the company as it eliminates the most senior level of its U.S. operations to become more streamlined. Best Buy is facing increasing competition from online retailers and discounters. Mike Vitelli, president of Best Buy's U.S. business, will resign when the fiscal year ends Feb. 3.

  • Once all is said and done, consumers, the state and Amazon all could actually benefit – the rare win–win–win for all involved.

  • *RadioShack posts 3Q loss, misses Street's view Tuesday, 23 Oct 2012 | 7:34 AM ET