Best Buy Profit Up Despite Competition
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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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Profits at US investment bank Goldman Sachs are better than expected, despite slow summer business.
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Australian supermarket giant, Woolworths, beat forecasts on Monday with a 12 per cent rise in second-half profit on vigorous cost savings and its ability to drive margins despite a competitive onslaught.
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AT&T Inc  on Thursday posted a higher quarterly profit after better-than-expected wireless growth, sending its shares up almost 3 percent in pre-market trading.
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Retailer Best Buy Co  reported better-than-expected second-quarter earnings on Tuesday, helped by international sales and demand for computers and video games, and raised its full-year profit forecast, pushing its shares up more than 5 percent.
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The company said first-quarter profit rose 14 percent on strong sales growth across nearly all regions.
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The retailer said net income in the fourth quarter rose to $4.1 billion as its focus on low prices paid off. International growth also helped lift profit and sales.
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Procter & Gamble Co. PG.N  on  Wednesday posted higher quarterly profit, boosted by sales of  new products and continued gains in developing markets.
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Consumer electronics retailer Best Buy Co. Inc.  posted higher quarterly earnings on Tuesday, driven by new store openings and strong sales of hot products like flat-panel televisions.
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Anheuser-Busch Cos Inc  said on Thursday that quarterly profit rose, as the brewer sold more beer despite the slowing economy.
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The data storage vendor said second-quarter profit rose to $334.4 million as it recorded double-digit sales gains at its biggest businesses.
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The high-end retailer continues to perform better than its lower-end peers.
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Consumer electronics retailer Best Buy  Co  posted a higher-than-expected third-quarter profit  on Tuesday on strong sales and raised its full-year earnings  forecast.
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Kroger Co. , the top U.S. grocer, on Tuesday said quarterly profit rose 29 percent as it kept a tight rein on expenses and sales rebounded.
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Best Buy Co. Inc. said on Friday its comparable-store sales rose 1.5 percent in December on strong sales of video games and notebook computers.
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MINNEAPOLIS - Best Buy Company Inc., the nation&#39;s largest electronics retailer, 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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Retailer Best Buy Co  reported better-than-expected quarterly earnings on Tuesday, helped by strong international results and demand for notebook computers, flat-panel televisions and video games, pushing its shares up about 5 percent.