Retail sales were flat and Best Buy (BBY) reported 30% drop in income for the second quarter.
In tech news, Samsung announced today it plans to open mini-stores inside Best Buys (BBY) across the country.
This time around, however, BBY is set to open trading today sharply below former support at its 50-day trendline.
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Best Buy (NYSE:BBY) also reported earnings this morning and is down around 4%.
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Best Buy (BBY) is off more than 8% after disappointing with third-quarter earnings.
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Another notable beneficiary of recent LBO talk has been Best Buy (BBY).
Best Buy (BBY) retails consumer electronics, home office products, entertainment software, appliances and related services through its retail stores.
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In that context, we believe BBY offers a compelling value with sales and expected full year profit showing nice growth.
Best Buy (nyse: BBY - news - people ) is one stock that has been on Buffett's buy list.
Right now, consumers can walk into any Best Buy (NYSE: BBY) and pick up a Nintendo 3DS right off the shelf.
In the past five years Circuit City has fallen behind Best Buy (nyse: BBY - news - people ).
Best Buy ( BBY - news - people ) had a major earnings miss, how well can retail be doing?
Isn't this just the thing to draw attention in a Best Buy (nyse: BBY - news - people ) aisle?
Best Buy ( BBY - news - people ) to offer real-time inventory information about product availability at local stores.
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At the Best Buy (nyse: BBY - news - people ) down the freeway, a sales rep was less equivocal.
In the December series, BBY has attracted total call open interest of 82, 231 contracts, compared to put open interest of 60, 802 contracts.
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The shares of big box electronics retailer Best Buy Inc. ( BBY) are getting hammered in pre-market trading this morning.
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Best Buy (BBY) announced that the company reached an agreement with founder Richard Schulze, allowing him to form an investment group with private equity sponsors.
Best Buy (NYSE:BBY) and Yahoo (NASDAQ:YHOO) are in totally different business.
The ads were paid for by StandWithMainStreet.com, a small-business-sounding group, but its members include Best Buy ( BBY), Home Depot ( HD) and Sears ( SHLD).
Kalin rejects that path, noting that big-box stores like Best Buy (nyse: BBY - news - people ) liquidate their overstock on eBay.
In corporate news this week, Best Buy (BBY) announced that net income during the quarter fell by 90 percent, due to weak sales and restructuring charges.
Best Buy (nyse: BBY - news - people ) confirmed that it sold autorun virus-infected digital picture frames under its in-house brand, Insignia.
As for the rest of its plan of attack, back in April, BBY outlined some other initiatives it would put in place to gain back market share.
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This tactic is going to put BBY head-to-head with Amazon.
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The smaller footprint will allow BBY to display fewer big screen TVs and highlight a carefully edited selection of better selling items such as tablets and mobile phones.
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In an effort to curtail a practice that threatens to destroy big box retailers, Best Buy (NYSE: BBY) has vowed to eliminate showrooming in all of its stores.
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