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BBY Best Buy Co., Inc.
Best Buy Co., Inc. operates as an e-commerce and physical retailer of consumer electronics in the United States, Europe, Canada, and China. The companys stores offer video products, including televisions, e-readers, navigation products, digital cameras and accessories, digital camcorders and accessories, and DVD and Blu-ray players; audio products, such as MP3 players and accessories, home theater audio systems and components, and musical instruments; and mobile electronics comprising car stereo and satellite radio products. Its stores also provide computing and mobile phone products consisting of notebook and desktop computers, tablets, monitors, mobile phones and related subscription service commissions, hard drives and other storage devices, and networking equipment, as well as office supplies and other related accessories, such as printers; entertainment products, including video gaming hardware and software, DVDs, Blu-rays, CDs, digital downloads, and computer software; and appliances. In addition, the company offers service contracts, extended warranties, computer-related services, and product repair, as well as delivery and installation services for home theaters, and mobile audio and appliances; and provides snacks and beverages. It operates retail stores and call centers, as well as online retail operations under various brand names, such as Best Buy, Best Buy Mobile, The Carphone Warehouse, Five Star, Future Shop, Geek Squad, Magnolia Audio Video, Pacific Sales, Cell Shop, Connect Pro, Best Buy Express, and The Phone House. The company also operates BestBuy.com, BestBuy.ca, BestBuyMobile.com, CarphoneWarehouse.com, FutureShop.ca, and PhoneHouse.com. Best Buy Co., Inc. has a strategic partnership with Microsoft Corporation to create the Windows Stores. The company was formerly known as Sound of Music, Inc. and changed its name to Best Buy Co., Inc. in 1983. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.
Alibaba Needs An 'Apple-Esque' Quarter To Ignite The Stock28 Jan 2015, 12:15 pmA partnership between Apple Inc. (NASDAQ: AAPL ) and Alibaba Group Holding Ltd (NYSE: BABA ) could be a match made in Heaven . In the meantime, Alibaba might need to channel its inner Apple if it wants ...
Today's Review on Specialty Retail Equities - Best Buy, Staples, RadioShack, GameStop, and Conn's27 Jan 2015, 6:58 amLONDON, January 27, 2015 /PRNewswire/ -- Investor-Edge has initiated coverage on the following equities: Best Buy Company Inc. (NYSE: BBY), Staples Inc. (NASDAQ: SPLS), RadioShack Corporation (NYSE: RSH), GameStop Corporation (NYSE: GME), and Conn's Inc. (NASDAQ: CONN). Free research...
Gauging Best Buy’s stock performance22 Jan 2015, 6:33 amBest Buy’s stock price is down 3.55% compared to the beginning of 2010. In contrast, Amazon’s stock is up 120.7% compared to 2010.
Best Buy (BBY) Plunges 14% on a Cautious Outlook for FY16 - Analyst Blog16 Jan 2015, 1:50 pmShares of Best Buy Co., Inc. (BBY) tumbled 14% yesterday after the retailer alarmed investors by adopting a cautious stance for fiscal 2016 despite good holiday sales report.
Will This Price Target Decrease Hurt Best Buy (BBY) Stock Today?16 Jan 2015, 8:00 amNEW YORK (TheStreet) -- Jefferies lowered its price target for Best Buy to $43 from $46 on Friday, reiterating its "buy" rating. The analyst firm lowered its fiscal 2015 EPS estimates for the electronics retailer to $2.44 a share from its previous estimates of $2.48. Jefferies analysts also lowered their fiscal 2016 EPS estimates for Best Buy to $2.46 a share from $2.65. Jefferies analysts wrote ...
Early movers: BAC, BBY, GOOG, APPL & more15 Jan 2015, 6:44 amThese are the stocks posting the largest moves before the bell.
Best Buy (BBY) Stock Declines Today After Poor Sales Outloook15 Jan 2015, 6:43 amNEW YORK (TheStreet) -- Shares of Best Buy are down 7.29% to $37 in pre-market trade after it was reported that the largest electronics retail chain warned that price pressure and sluggish demand will lead to a sales slump in the first half of the year, Bloomberg reports. Deflationary pricing, weak demand for some categories of electronics and fewer people buying extended warranties all threaten ...
Best Buy's stock tumbles after downbeat sales outlook15 Jan 2015, 5:36 amNEW YORK (MarketWatch) -- Best Buy's stock tumbled 8.4% in premarket trade Thursday, after the consumer electronics retailer said it didn't expect the improvement in sales seen during the holiday period to extend into the new year. For the nine-week period ending Jan. 3, 2015, revenue rose to $11.37 billion from $11.13 billion a year ago, while domestic same-store sales increased 2.6%. Chief ...
Best Buy (BBY) Stock Gaining Today on Higher Analyst Rating13 Jan 2015, 7:58 amNEW YORK (TheStreet) -- Shares of Best Buy are gaining, higher by 2.61% to $40.11 in pre-market trading on Tuesday, after analysts at Goldman Sachs upgraded the electronics retailer to "buy" from "neutral" this morning. The investment firm also upped its price target to $45 from $38 on shares of Best Buy. Goldman Sachs analysts said a pick-up in advanced TV sales and good sector fundamentals ...
3 Stocks That Could Tank in 201512 Jan 2015, 10:52 amWith the new year around the corner, we explain why these three stocks could have a hard time in 2015.