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Latest News | Top Stories |
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Best Buy posts sales gains for December
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AP
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Fri 1:19 pm ET
Best Buy Co., the largest U.S. electronics retailer, saw a key sales figure rise sharply in December -- compared with a plunge a year earlier -- as consumers bought computers, TVs and phones for the holidays, the company said Friday.
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Best Buy investors fret over muted outlook, margins
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Reuters
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Fri 12:37 pm ET
Top electronics chain Best Buy disappointed investors by not raising its full-year forecast despite an 8.2 percent rise in December same-store sales, signaling a potential weakness in margins.
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GameStop names VP for international locations
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AP
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Fri 11:55 am ET
GameStop Corp. said Friday it has named Michael Mauler senior vice president of its international operations. The job puts Mauler, previously senior vice president in charge of the company's international supply chain and support operations, at the head of GameStop stores in 15 countries outside North America.
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Best Buy's December Revenue Grows 13% to $8.5 Billion
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Business Wire
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Fri 8:00 am ET
LAS VEGAS----Best Buy Co., Inc.: Monthly Revenue Summary – Fiscal December Fiscal December 2010 Fiscal Fiscal Revenue RevenueChange1 December 2010Comparable StoreSales Change2 December 2009 Comparable Store Sales Change2 Total Company $8.5 13% 8.2% Domestic Segment $6.7 13% 9.3% International Segment $1.8 13% 3.5%
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Best Buy® Announces Next-Gen, Consumer-Inspired Computer Line
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Business Wire
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Thu 9:00 pm ET
LAS VEGAS----Even as this week’s Consumer Electronics Show previews the technologies of tomorrow, Best Buy is using this futuristic gathering to unveil the next generation of computing for today.
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GameStop Reports 2009 Holiday Sales Results
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Business Wire
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Thu 8:30 am ET
GRAPEVINE, Texas----GameStop Corp. , the world’s largest video game and entertainment software retailer, today reported sales results for the nine-week holiday period ending January 2, 2010.
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Napster Live on Samsung Connected TVs
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Business Wire
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Wed Jan 6
LOS ANGELES----Napster, the pioneer of digital music, today announced that Samsung televisions with Internet@TV now support the Napster TV widget, which provides access to the Napster subscription music service.
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RadioShack Corp. (RSH)
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Zacks.com
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Tue Jan 5
We upgrade our recommendation for RadioShack to Outperform based on our assessment that the company is likely to improve its earnings in future reporting quarters as a result of a significant boom in the wireless industry.
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hhgregg Announces the Availability of Etón Emergency Radios in Stores
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Business Wire
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Thu Nov 19
INDIANAPOLIS----Indianapolis-based appliance and electronics leader hhgregg and the design-driven leader in portable radios, Etón Corporation, have announced that the American Red Cross brand of Etón emergency radios are now available in all hhgregg stores.
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Best Buy Announces Retirement of International Leader
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Business Wire
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Wed Nov 11
MINNEAPOLIS----Best Buy announced today that Robert A. Willett, 63, CEO of Best Buy International, will retire effective Dec. 31, 2009. The company does not plan to name a successor to the specific role of International CEO.
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