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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
News For BBY From The Last 14 Days
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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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