Latest Articles
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Best Buy Bolsters Cloud Services With White Glove Acquisition
Best Buy (NYSE:BBY) recently acquired White Glove Technologies, a Texas-based managed IT services provider (MSP), in an effort to strengthen its presence in the cloud services industry and expand its managed IT services in Texas. The terms of the...
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The Best Stocks With Dividend Growth From Last Week (June 18 – June 24, 2012)
Submitted by Dividend Yield as part of our contributors program . The Best Stocks With Dividend Growth From Last Week (June 18 – June 24, 2012) Stocks With Biggest Dividend Hikes From Last Week by Dividend Yield – Stock, Capital, Investment ...
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The Best Dividends On April 17, 2012
The ex-dividend date is a major date related to the payment of dividends. If you purchase a stock on its ex-dividend date or later, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ...
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Best Buy Earnings March 29: What We’re Watching
Best Buy (NYSE:BBY), the largest electronics retailer in the U.S., will announce its fourth quarter and fiscal 2012 results on Thursday, March 29. Last quarter, Best Buy reported lower profits due to restructuring charges related to the closure o...
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Best Buy Gets into Fighting Shape for E-Commerce Expansion
Like all other retailers, Best Buy (NYSE:BBY) is also working hard to remain competitive in the online market. Technological revolution and increasing online penetration has revolutionized the consumer retail industry. Best Buy has been working ...
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Best Buy Hires Starbucks CIO to Boost Online Sales
Best Buy (NYSE:BBY) recently hired former Starbucks’ (NASDAQ:SBUX) CIO, Stephen Gillett, in order to boost its online sales. While at Starbucks, Stephen led the Digital Ventures business unit that was responsible for revolutionizing mobile ...
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Best Buy Highlights: Geared Up to Drive Online Sales
The year 2011 was eventful for Best Buy (NYSE:BBY), the world’s largest consumer electronics retailer, which made significant efforts to rebuild its internal IT team to grow online sales. It also announced plans to hire 200 professionals t...
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Best Buy Scrambles Following Holiday Boondoggle
Best Buy (NYSE:BBY) is facing customer resentment as it failed to fulfill certain orders that customers placed during holiday season. It hasn’t disclosed exactly how many orders are affected. According to a company statement, the overwhelmi...
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Yes Best Buy’s Margins Got Smoked But Still Worth $34
Best Buy (NYSE:BBY) reported a sharp decline of roughly 30% in its net profits this quarter as compared to the same period last year. Best Buy missed consensus analysts’ EPS estimate by approximately 8%, according to Thomson Reuters. More i...
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Best Buy Preps for India Market with Talks of Next Retail Deal
Best Buy (NYSE:BBY) is in talks to acquire a 51% stake in Next Retail, Videocon Industries’ multi-brand consumer durables retail venture in India. This move by Best Buy comes after the recent announcement by the Indian government allowing o...
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Best Buy Updates: Kiosks in Canada Unveiled to Boost Sales, Movie Rentals
Last week, Best Buy (NYSE:BBY) rolled out more than 80 Best Buy-branded DVD rental kiosks throughout c-stores and Best Buy stores across Canada. This year, Canada’s leading video store retailer, Blockbuster, closed its stores in the country...
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Best Buy Updates: Enters Cloud Computing Biz with mindSHIFT Deal
Last week, Best Buy (NYSE:BBY) acquired mindSHIFT, a Massachusetts based managed service provider for $167 million. mindSHIFT provides cloud service, data center services and professional services to more than 5,400 U.S. clients. The acquisition...
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Best Buy Focuses on U.S. Stores, Mobile Sales
Best Buy’s (NYSE:BBY) recent announcement of the purchase of its British partner’s mobile phone joint venture is likely to have a positive impact on the company, and help it boost earnings in this all-important marketplace. The $1.3 billion purch...
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Best Buy’s Headed to $35, Hires More IT Geeks to Grow Online Sales
Best Buy (NYSE:BBY) is keen to rebuild its internal IT team over the course of next 12 months. Best Buy has plans to hire approximately 200 IT professionals as part of this effort, bringing the present count to 350. Best Buy is hoping to grab a s...
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Best Buy No Apple, Exits Mobile Music Biz with Napster Sale
Best Buy’s (NYSE:BBY) digital music unit, Napster, will soon be acquired by Rhapsody International, an Internet music service provider. In the proposed deal, Rhapsody will acquire the subscribers and other assets of Napster and in return Be...
