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    1. Will Amazon Succeed in Selling Local Services?

      Headlines

      Thu, 4 Dec 2014

      piece. “You’ve taken out that personal connection that you have when you walk into a Lowe’s or a Home Depot or a Best Buy and talk to somebody [named] Jim or Dan, and he organizes it and even tells you [which] person is going to come.” Will

    2. Five Star Sale Improves Best Buy's Strategic Focus, but Won't Affect Our $30 Fair Value Estimate

      Commentary

      Thu, 4 Dec 2014

      On Dec. 4, Best Buy entered into a definitive agreement to sell ..... of fiscal 2016) to have a material impact on Best Buy 's financials, capital structure, or cash flow position. Best Buy 's China-based private label operations

    3. Best Buy to sell China business, focus on North America

      Headlines

      Thu, 4 Dec 2014

      SHANGHAI (Reuters) - U.S. retailer Best Buy Co Inc said on Thursday it will sell its struggling China business, Five Star, to domestic real estate firm Zhejiang Jiayuan Group in order to focus on its North American operations.

    4. Best Buy to sell China business, focus on North America

      Headlines

      Thu, 4 Dec 2014

      SHANGHAI, Dec 4 (Reuters) - U.S. retailer Best Buy Co Inc said on Thursday it will sell its struggling China business, Five Star, to domestic real estate firm Zhejiang Jiayuan Group in order to focus on its North American operations.

    5. Friday Five: Energy Bargains Bubble Up as Oil Slides

      Video Reports

      Thu, 4 Dec 2014

      Stipp: We also learned this week that Best Buy will be leaving its China business. What ..... retailer is trying to enact? Glaser: Best Buy is getting rid of its Five Star stores ..... the firm for Morningstar, thinks that Best Buy 's cash flows aren't going to be impacted

      Best Buy found at 3:49

      very many values right now. Stipp: We also learned this week that Best Buy will be leaving its China business. What does this mean for the turnaround that the retailer is trying to enact? Glaser: Best Buy is getting rid of its Five Star stores in China, and this really had become more of a distraction to them than a growth driver. R.J. Hottovy, who covers the firm for Morningstar, thinks that Best Buy's cash flows aren't going to be impacted in a major way by this divestiture, but it will allow Best Buy to focus on the U.S. stores and the U.S. online presence, which is really key to its turnaround. Best Buy has been doing a good job in terms of cost-cutting, but the market right now still is pricing in very generous growth
    6. Will Amazon Succeed in Selling Local Services?

      Headlines

      Wed, 3 Dec 2014

      piece. “You’ve taken out that personal connection that you have when you walk into a Lowe’s or a Home Depot or a Best Buy and talk to somebody [named] Jim or Dan, and he organizes it and even tells you [which] person is going to come.” Will

    7. Best Buy profit beats estimates as costs fall

      Headlines

      Thu, 20 Nov 2014

      (Reuters) - Best Buy Co Inc , the largest U.S. consumer electronics chain, reported a better-than-expected profit as cost cutting paid off and revenue increased after seven quarters of decline, even as it expected its current quarter earnings to remain under pressure.

    8. UPDATE 2- Best Buy profit beats estimates as costs fall

      Headlines

      Thu, 20 Nov 2014

      Nov 20 (Reuters) - Best Buy Co Inc, the largest U.S. consumer electronics chain, reported a better-than-expected profit as cost cutting paid off and

    9. Best Buy profit doubles as U.S. sales rise

      Headlines

      Thu, 20 Nov 2014

      Nov 20 (Reuters) - Best Buy Co Inc, the largest U.S. consumer electronics retailer, said quarterly profit nearly doubled as operating costs fell.

    10. Best Buy Sales Uptick Encouraging, but Cautious Margin Outlook Validates Our Longer-Term Concerns

      Commentary

      Thu, 20 Nov 2014

      Best Buy 's third-quarter update flipped the ..... constraints. Much of our analysis has focused on Best Buy 's impressive Renew Blue cost-reduction ..... administrative expenses--but we also believe Best Buy deserves some credit for customer-facing

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