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Stock Market & Financial Investment News

News Breaks
November 14, 2012
06:14 EDTBBYBest Buy's new CEO outlines turnaround plans at investor conference, AP reports
Best Buy (BBY) CEO Hubert Joly outlined turnaround plans for the struggling electronics chain at the company's analyst and investor conference on Tuesday, the Associated Press reports. Elements of the plan include cost cutting, rethinking store square footage, improving customer service in stores and creating a better online experience. Reference Link
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September 15, 2014
11:09 EDTBBYRadioShack rises after CFO resigns, analyst suggests Amazon should buy stores
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06:24 EDTBBYRadioShack liquidation could lift Best Buy comps, says Deutsche Bank
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September 11, 2014
07:13 EDTBBYSome retailers wary of Apple Pay platform, Reuters says
Apple (AAPL) Pay's success is dependent on incorporating more large retailers such as Wal-Mart (WMT) and Best Buy (BBY) into the service, but both retailers recently ceased accepting payments using NFC terminals, according to Reuters, citing comments from Best Buy spokesman Jeff Shelman. Shelman said, "At this point we have no plans to accept Apple Pay." Reference Link
September 8, 2014
06:21 EDTBBYSmartwatch market to reach $10B by 2018, says Citigroup
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September 2, 2014
06:34 EDTBBYApple cuts iPad mini prices as non-Apple vendors may follow, DigiTimes says
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