×

Specialty Retail Computer and Electronics Retail

  • The long-awaited move will offer televisions, cell phones and laptops from hundreds of independent sellers on Amazon's website in Brazil without involving the company in the tricky logistics that have hurt many online retailers in the country. Alex Szapiro, Amazon's country manager in Brazil, declined to say if there were plans for the company to stock its...

  • A man walks out of a shop displaying a bitcoin sign during the opening ceremony of the first bitcoin retail shop in Hong Kong on February 28, 2014.

    ARK's Cathie Wood said cryptocurrencies like bitcoin will become so valuable and widespread that all money transfers are going to be free.

  • Sept 19- Best Buy Co Inc, the No.1 U.S. consumer electronics retailer, on Tuesday forecast fiscal 2021 adjusted earnings largely below Wall Street estimates, sending its shares down as much as 10 percent. Best Buy said on Tuesday that it expected operating income of $1.9 billion to $2 billion in its fiscal year ending January 2021. The operating income forecast...

  • Sept 19- Best Buy Co Inc, the No.1 U.S. consumer electronics retailer, on Tuesday forecast 2021 adjusted earnings largely below Wall Street estimates, sending its shares down nearly 9 percent. The company said it expected adjusted earnings of $4.75 to $5.00 per share for the fiscal year ending January 2021. The company's shares were down 8.5 percent at $52.45 in...

  • Sept 19- Best Buy Co Inc, No.1 U.S. consumer electronics retailer, on Tuesday forecast 2021 adjusted earnings largely below Wall Street estimates, sending its shares down 7.2 percent. The company said it expected adjusted earnings of $4.75 to $5.00 per share. Analysts on average were expecting $4.97 per share, according to Thomson Reuters I/B/E/S.

  • Sept 19- Best Buy Co Inc, the No.1 U.S. consumer electronics retailer, on Tuesday forecast 2021 adjusted earnings well below Wall Street estimates, sending its shares down nearly 9 percent. The company said it expected adjusted earnings of $4.75 to $5.00 per share for the fiscal year ending January 2022. The company's shares were down 8.5 percent at $52.45 in...

  • Sept 19- Best Buy Co Inc, No.1 U.S. consumer electronics retailer, on Tuesday forecast 2021 adjusted earnings far below Wall Street estimates, sending its shares down 7.2 percent. The company said it expected adjusted earnings of $4.75 to $5.00 per share. Analysts on average were expecting $5.35 per share, according to Thomson Reuters I/B/E/S.

  • Amazon announces new $150  tablet with Alexa

    Amazon announced a new Fire HD 10 tablet on Tuesday that's priced at just $150.

  • CEO Joly: Best Buy 2020 focused on growth

    CNBC's Courtney Reagan talks to Hubert Joly, Best Buy CEO and chairman, about the company's turnaround plan and its strategy going forward.

  • Hubert Joly, chairman and chief executive officer of Best Buy Co.

    In a meeting with analysts Tuesday, Best Buy will outline how it plans to sustain its recent growth.

  • Cramer Remix: Why the ‘auto slowdown’ thesis is kaput

    Jim Cramer explains why auto stocks are revving up for big gains.

  • Jim Cramer on the set of Mad Money.

    Jim Cramer explains why auto stocks are revving up for big gains.

  • A Best Buy store in New York City.

    Jim Cramer makes the case for buying shares in electronics retailer Best Buy even though it seems to be in Amazon's "blast zone."

  • Cramer explains why it's not too late to buy into Best Buy

    Jim Cramer makes the case for buying shares in electronics retailer Best Buy even though it seems to be in Amazon's "blast zone."

  • Sept 8- Best Buy Co, the No.1 U.S. electronics retailer, is pulling Kaspersky Lab's cyber security products from its shelves and website, amid concerns that the Moscow- based firm may be vulnerable to Russian government influence. Best Buy felt there were "too many unanswered questions" and so decided to discontinue selling the antivirus products, said U.S....

  • Sept 8- U.S. electronics retailer Best Buy Co said on Friday it was pulling Kaspersky Lab's cyber security products from its shelves and website, amid concerns that the firm may be vulnerable to Russian government influence. Best Buy felt there were "too many unanswered questions" and so decided to discontinue selling the antivirus products, according to...

  • SAO PAULO, Sept 4- Faced with a surge in cargo hijackings, Brazilian furniture and home electronics retailer Via Varejo SA has invested in security, drawn no-go zones for deliveries and beefed up in-store pickup services, its logistics chief said in an interview. Marcelo Lopes said the company has also begun using its own trucks to stock 80 stores in the states of...

  • *Germany, France, Turkey strong; Netherlands, Russia weak. BERLIN, Aug 31- German retailer Metro reported a recovery in quarterly sales on Thursday, helped by fast-growing online and delivery services, but saw a decline in its Russia business that is a major driver of profits. Metro highlighted sales growth in its core market Germany, as well as France and Turkey, but...

  • Aug 29- Best Buy Co Inc, the No. 1 U.S. consumer electronics retailer, reported a much stronger than expected rise in quarterly same-store sales on Tuesday, but warned that the performance should not be seen as a "new normal." But Chief Executive Hubert Joly said on a call with analysts that he did not believe that the mid-single-digit rise in comparable sales would...

  • Aug 29- Best Buy Co Inc, the No. 1 U.S. consumer electronics retailer, reported a much stronger than expected rise in quarterly same-store sales on Tuesday, but warned that the performance should not be seen as a "new normal." But Chief Executive Hubert Joly said on a call with analysts that he did not believe that the mid-single-digit rise in comparable sales would...