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Best Buy Co Inc

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  • 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
  • Disruptors Reinventing the Retail Marketplace Thursday, 18 Oct 2012 | 5:02 PM ET

    While there’s been an explosion of apps and websites bringing retail online, the latest wave of innovation is focused on bringing mobile technology into brick-and-mortar retailers.

  • Obama vs. Romney     Wednesday, 17 Oct 2012 | 1:49 PM ET

    CNBC's Bob Pisani & Kayla Tausche chat about last night's presidential debate and who they thought won.

  • Best Buy to Sell Own Tablets     Wednesday, 17 Oct 2012 | 1:15 PM ET

    CNBC's Courntey Reagan reports that Best Buy plans to sell its own tablets.

  • Target Gets Jump on Holidays with Price-Matching Tuesday, 16 Oct 2012 | 4:56 PM ET

    Target announces programs aimed at holiday shoppers, including a pledge to match online competitors' prices.

  • Target to match some rivals' online prices Tuesday, 16 Oct 2012 | 2:49 PM ET

    NEW YORK-- In the latest effort to beat Amazon.com at its game, Target says that for the first time it will match prices that customers find on identical products at select online competitors this holiday season.

  • SEATTLE, Oct 12- Microsoft Corp opened its Windows 8 operating system for pre-orders on Friday, setting the price for an upgrade to the full version of the software at $70 for a DVD pack. Shoppers can reserve the software pack at Microsoft's own stores, Amazon.com, Best Buy, Staples and elsewhere.

  • Microsoft sets Windows 8 price, opens for pre-order Friday, 12 Oct 2012 | 5:20 PM ET

    SEATTLE, Oct 12- Microsoft Corp opened its Windows 8 operating system for pre-orders on Friday, setting the price for the full version of the software at $70 for a DVD pack. Shoppers can reserve the software pack at Microsoft's own stores, Amazon.com, Best Buy, Staples and elsewhere.

  • 'Showrooming' On the Rise     Friday, 12 Oct 2012 | 1:35 PM ET

    Big Box stores are switching to aggressive strategies, like matching online prices and offering same-day deliveries. Daniel Binder, Jefferies, and Stacey Widlitz, SW Retail Advisors, discuss whether this can top internet shopping trends.

  • Best Buy to match some rivals' online pricing Friday, 12 Oct 2012 | 1:29 PM ET

    NEW YORK-- Best Buy said Friday that it has authorized its store staffers to match online prices of competitors in some cases, as it beefs up service offerings as the all-important holiday season kicks off. Best Buy and others already offer price-matching guarantees for local competitors' brick-and-mortar stores.

  • Best Buy to Price-Match the Internet     Friday, 12 Oct 2012 | 11:40 AM ET

    Best Buy, often called a showroom for Amazon, says it plans to match the prices of Internet competitors like Amazon this holiday season, reports CNBC's Herb Greenberg.

  • Oct 12-:* Deutsche Bank raises ACS price target to 17 euros from 16 euros; rating hold. 36.5 euros; rating buy* Deutsche Bank cuts FCC price target to 11.5 euros from 13.5 euros; rating hold. euros; rating buy* Deutsche Bank raises ohl price target to 25 euros from 23 euros; rating buy* Deutsche Bank cuts Vinci price target to 45 euros from 47 euros; rating buy.

  • PRESS DIGEST - Wall Street Journal - Oct 12 Friday, 12 Oct 2012 | 2:18 AM ET

    is in talks to buy a significant stake in Sprint Nextel Corp, the ailing U.S. wireless carrier said. A deal would offer a multibillion-dollar lifeline that could help Sprint finance future mergers of its own and better compete with its much bigger and richer rivals.

  • Taking price-comparison apps for a spin Thursday, 11 Oct 2012 | 2:12 PM ET

    NEW YORK-- It's a shopper's nightmare: Buying something, then seeing it cheaper at another store. I have been using Amazon.com Inc.' s price-checking app for about a year now and have always found the prices on the app lower than at a store. But I've never tried other popular apps by Google Inc. and eBay Inc..

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