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CARACAS, Venezuela - Staring through a glass storefront at the Sambil shopping mall, Aleimar Sanchez sees more than a struggling business in the near-empty shelves of a Casio electronics store. She sees ...
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By Dhanya Skariachan (Reuters) - Best Buy Co Inc reported its first quarterly profit in a year after keeping a tight lid on costs, further confirming that Chief Executive Officer Hubert Joly's turnaround plan for the world's largest consumer electronics chain is working. The news, which boosted Best Buy shares as much as 13 percent to three times their price at the end of 2012, came a year after ...
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By Dhanya Skariachan (Reuters) - Best Buy Co Inc reported its first quarterly profit in a year after keeping a tight lid on costs, in a sign that Chief Executive Officer Hubert Joly's turnaround plan for the world's largest consumer electronics chain is working. Tuesday's news, which boosted Best Buy shares by 10 percent to $33.81, came about a year after the restructuring expert took the helm ...
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By Dhanya Skariachan (Reuters) - Best Buy Co Inc reported its first quarterly profit in a year on Tuesday as the world's largest consumer electronics chain kept a tight lid on costs. Earnings and sales beat analysts' estimates, and Best Buy shares rose 15.7 percent to $35.55 in trading before the market opened. ...
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