Latest Best Buy Co Inc News

Delivery driver guilty of killing woman, setting fire

Jan. 25, 2023 17:42 PM EST

WEST PALM BEACH, Fla. (AP) — An appliance delivery man was convicted Wednesday of beating a 75-year-old woman to death and setting her on fire at her Florida home. A Palm Beach County circuit judge convicted Jorge Dupre Lachazo, 24, of first-degree murder, burglary and arson...

Funding bill targets online sites amid retail theft concerns

Dec. 23, 2022 14:17 PM EST

Retailers are scoring one win in the governmentwide spending bill, which will force online marketplaces like Amazon and Facebook to verify high-volume sellers on their platforms amid heightened concerns about retail crime. Tucked in the $1.7 trillion funding package lies a piece of...

Asian shares gain after earnings-fueled rally on Wall Street

Nov. 22, 2022 23:29 PM EST

BANGKOK (AP) — Asian shares advanced on Wednesday after solid earnings pushed retailers higher on Wall Street ahead of the Thanksgiving holiday in the U.S. Benchmarks rose in Hong Kong, Seoul and Sydney but fell in Shanghai. Markets were closed in Japan for a holiday. ...

How major US stock indexes fared Tuesday 11/22/2022

Nov. 22, 2022 17:00 PM EST

Stocks rose on Wall Street and solid earnings helped jolt retailers higher ahead of the Thanksgiving holiday in the U.S. Financial and technology companies gained ground Tuesday. Energy stocks rose along with oil prices. Best Buy soared more than 12% after the...

Best Buy, Agilent rise; Zoom Video, Dollar Tree fall

Nov. 22, 2022 16:33 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Best Buy Co., up $9.05 to $79.88. The electronics retailer beat Wall Street's third-quarter earnings and revenue forecasts. Dell Technologies Inc., up $2.78 to $43.85....

Best Buy's outlook on sales improves ahead of the holidays

Nov. 22, 2022 10:00 AM EST

NEW YORK (AP) — Best Buy's profit and sales slipped in the third quarter on weakening demand for electronic gadgets, but it beat expectations and the retailer said a downturn in comparable stores sales this year will not be as bad as it had expected. Shares jumped more than 8% at...

This Week: Dell earns, Best Buy earns, new home sales

Nov. 21, 2022 01:03 AM EST

A look at some of the key business events and economic indicators upcoming this week: SPOTLIGHT ON DELL Dell Technologies reports its latest quarterly snapshot Monday. Wall Street predicts the computer and technology services -company’s fiscal...