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Stock Market & Financial Investment News

News Breaks
December 19, 2012
16:08 EDTBBYBest Buy Digital President Stephen Gillett to leave company
Best Buy announced that Stephen Gillett, executive vice president and president, Best Buy Digital, is leaving the business to pursue other career opportunities at a leading technology company, where he currently serves on the Board of Directors. Gillett's responsibilities have been re-assigned to senior executives across the company, including the company's Chief Administrative and CFO, Sharon McCollam, its President of Online and Global E-Commerce, Scott Durchslag and Shawn Score, senior vice president of U.S. Retail.
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February 12, 2016
07:01 EDTBBYBed Bath & Beyond downgraded to Perform from Outperform at Oppenheimer
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07:00 EDTBBYBest Buy downgraded to Perform from Outperform at Oppenheimer
Oppenheimer analyst Brian Nagel downgraded Best Buy to Perform citing the challenging environment for consumer spending. The analyst does not expect a "quick snapback" for Hardlines Retail stocks.

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