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PRESS DIGEST - British Business - May 1
ReutersThe following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Telegraph: RBS FINED OVER CLAIMS IT MISLED CUSTOMERS U.S. bank regulators have ordered...Tags: Marketing, Hotel and Accommodation Industry, WPP Group Plc, England, United Kingdom
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U.S. RESEARCH ROUNDUP: Time Warner, Walt Disney, Riverbed Technology
ReutersApril 30 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Walt Disney and Microsoft, on Tuesday. HIGHLIGHTS * Walt Disney : Evercore raises price target to $68 from $58; rating...Tags: Time Warner Inc., Prices, Entravision Communications Corporation, Rosetta Resources Incorporated, Energy Partners Limited
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BRIEF-Best BUY shares up 3.9 pct premarket after selling JV stake
ReutersNEW YORK, April 30 (Reuters) - Best Buy Co Inc : * Shares up 3.9 percent after selling jv stake -
Best Buy leaving Europe to streamline business
Electronics retailer Best Buy Co. is leaving Europe, selling its stake in a partnership with London telecommunications company Carphone Warehouse Group as it attempts to simplify its operations. The Minneapolis chain said Tuesday that the boards of both...
Tags: Companies and Corporations, Economy, Business and Finance, Joint Ventures, Science and Technology, Richard Schulze
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U.S. Senate bill on Web sales tax moves forward but support erodes
Reuters* Bill gives states power to compel online sales taxes * Anti-tax activist Norquist vows to fight effort in House By Kim Dixon and Lisa Lambert WASHINGTON, April 25 (Reuters) - The U.S. Senate on Thursday voted to move forward with legislation that...Tags: Parties and Movements, U.S. Senate Committee on Finance, U.S. Senate, Economy, Business and Finance, eBay Inc.
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Internet Sales Tax Bill – Backed By Obama – Expected To Pass Senate This Week
A measure to empower U.S. states to require out-of-state retailers to collect online sales tax is expected to pass the Senate this week, after winning official backing from President Barack Obama Monday. Seventy-four senators voted Monday to limit debate...Tags: U.S. Senate Committee on Finance, Amazon.com Inc., Jay Carney, Finance, Crime, Law and Justice
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Best Buy founder Richard Schulze returns as chairman emeritus
Best Buy founder Richard Schulze is throwing his support behind the current management, returning as chairman emeritus to the electronics retailer he left in a haze of scandal last year and then tried to buy out. Schulze is bringing with him former...
Tags: Parties and Movements, Amazon.com Inc., Companies and Corporations, Economy, Business and Finance, Amy Poehler
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The best way yet to proclaim love for a tax cheat
Ernst & Young LLP received the usual kid-glove treatment given to too-big-to-fail enterprises when it reached a settlement with the U.S. Justice Department over illegal tax shelters it sold more than a decade ago. The government chose not to prosecute the...Tags: Ethics, Accounting and Auditing, HealthSouth Corp, PNC Financial Services Group Incorporated, The New York Times
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Best Buy takeover bid falls through, earnings show signs of hope
Richard Schulze, Best Buy Co.’s largest shareholder, missed his window this week to attempt a takeover of the electronics retailer. But if its fourth quarter financials are any indication, the struggling company may not need him. Best Buy,...
Tags: Amy Poehler, Richard Schulze, Quarterly or Semiannual Financial Statements
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Best Buy cutting 400 jobs to save $150 million
This post has been updated. See the note below for details.Struggling electronics retailer Best Buy Co. Inc. said Tuesday that it is cutting 400 employees at its Richfield, Minn., headquarters in an effort to save $150 million. Most of the savings won’t come from salaries, according to a company...Tags: Amazon.com Inc., Amy Poehler, Science and Technology, Electronics, Richard Schulze
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Retail sales rise 5.8%, but cold weather and payroll taxes sting
Shoppers trod carefully in January, lured into stores by retailers dangling post-holiday clearance deals but spending sparingly to balance out higher payroll taxes and lingering economic uncertainty. Same-store sales at major retailers such as...
Tags: Nordstrom, Urban Outfitters Incorporated, Hasbro Inc., Target Brands, Inc., Economy, Business and Finance
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Best Buy holiday sales fall, but online business shows promise
Struggling electronics giant Best Buy Co. said holiday sales fell despite strong results online and in U.S. stores. For the nine weeks ended Jan. 5, the Minneapolis-based retailer posted revenue of $12.8 billion, down from $12.9 billion in the same...
Tags: Holidays, Macy's, Science and Technology, Richard Schulze, Electronics
Apr 30, 2013
|Story| Reuters
Apr 30, 2013
|Story| Reuters
Apr 30, 2013
|Story| Reuters
Apr 30, 2013
|Story| Los Angeles Times
Apr 25, 2013
|Story| Reuters
Apr 23, 2013
|Story| Hartford Courant
Mar 25, 2013
|Story| Los Angeles Times
Mar 8, 2013
|Column| Allentown Morning Call
Mar 1, 2013
|Story| Los Angeles Times
Feb 26, 2013
|Story| Los Angeles Times
Feb 7, 2013
|Story| Los Angeles Times
Jan 11, 2013
|Story| Los Angeles Times
Original site for Best Buy Co., Inc. topic gallery.
