Best Buy 3rd-qtr profit below expectations
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Best Buy Co. Inc.  reported lower-than-expected quarterly profit on Tuesday as the consumer electronics retailer cut prices on flat-panel televisions to try to spur holiday sales.
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The company said third-quarter profit rose more than expected, boosted by higher aircraft deliveries, but it scaled back next yearâs forecast due to delays on its  787 Dreamliner.
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MINNEAPOLIS - Best Buy Company Inc. said on Wednesday that third-quarter earnings rose 21 percent, but gave hints that profits during the holiday selling season may not be quite what analysts were hoping for.
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Motorola Inc  on Thursday posted a small third quarter profit from continuing operations and forecast another profit for the current quarter even as revenue fell from a year ago.
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Best Buy Co Inc  cut its fiscal 2008 profit outlook on Friday and said it expects its 2007 fourth-quarter sales to miss its own target on lower-than-expected January sales growth, sending its shares down 4.5 percent.
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Circuit City Stores Inc. reported a smaller-than-expected loss in the third quarter on store efficiencies and higher extended warranty sales, but the retailer&#39;s top
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After a dismal second-quarter showing, the retailer projects a Q3 loss.
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Best Buy Co., the world&#39;s largest electronics retailer, said third-quarter earnings rose 21 percent, boosted by sales of digital televisions, cameras and MP3 music players.
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Net income for the third quarter was $265 million on continued sluggishness in U.S. sales. But the earnings decline still beat Wall Street projections.
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Best Buy Co Inc. BBY.N on Tuesday   reported higher-than-expected quarterly profit, boosted by new   store openings and sales of high-priced electronics and easing   fears that consumers were pulling back on spending.
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Best Buy beat analyst estimates with a 21 per cent rise in quarterly profit, sending its shares 5 per cent higher yesterday. The number one US consumer electronics retailer said
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Sears Canada Inc., the country&#39;s third-biggest department store chain, said third-quarter profit rose 4.5 percent, less than it expected, as sales of clothing were hurt by unseasonable weather.
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Top U.S. electronics chain Best Buy Co. Inc.  on Wednesday reported higher quarterly profit due to expense control and higher gross margins, offsetting sluggish sales growth.
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Reported profit of $44 million for third quarter over a loss of $31 million a year ago and predicts 10% increase in sales for the 4th quarter.
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Best Buy Co. Inc. BBY.N, the top  U.S. electronics retail chain, posted a 21 percent rise in  quarterly profit on Wednesday, just above expectations, saying  it managed to build market share despite fierce competition.
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Consumer electronics retailer Best Buy Co  reported a higher quarterly profit on Tuesday, aided by strong international results and demand for computing, home theater and video gaming products.
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Consumer electronics retailer Best Buy Co  reported a better-than-expected 52 percent rise in third-quarter profit on Tuesday on strong sales of laptops and video games, and raised its full-year earnings forecast.