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Stock Market & Financial Investment News

News Breaks
November 19, 2012
18:51 EDTBBYSchulze said to work with three PE firms on takeover, Bloomberg says
Best Buy (BBY) founder Richard Schulze is said to be talking with three private equity firms, including Cerberus Capital, TGP Capital, and Leonard Green & Partners, regarding a takeover of the company, according to a Bloomberg report citing people familiar with the matter. One of Bloomberg's sources said that for the time being the firms are working separately, though they could come together for a bid at some point. Reference Link
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August 12, 2014
08:03 EDTBBYGoldman's Retail selections for Q2
Goldman is most above Q2 consensus for Advance Auto Parts (AAP), Best Buy (BBY) and Williams-Sonoma (WSM), sees best risk/reward in Ulta Salon (ULTA) and Sportsman's Warehouse (SPWH), and low visibility in Dick's Sporting (DKS) and Wal-Mart (WMT).

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