Best Buy to expand; raises dividend, share buyback
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Best Buy Co. Inc.  said on Wednesday that it would open more North American stores than previously planned, buy back $5.5 billion in stock and raise its dividend 30 percent.
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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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McDonald&#39;s Corp. (MCD.N: Quote, Profile, Research) on Tuesday raised its annual dividend by 38 percent, a move the world&#39;s largest restaurant chain said is another sign of its revitalization.
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Company is expanding its agreement to sell notebooks through Best Buy.
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Top U.S. electronics chain Best Buy  Co. Inc. BBY.N on Wednesday posted an 8 percent rise in  second-quarter net earnings on strong sales of higher-priced  digital products and curbs on expenses.
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U.S. stocks rose on Wednesday as Home Depot Inc.'s  plan for a $22.5 billion share buyback underscored optimism about equity valuations, along with the growing allure of large-cap stocks, including General Electric Co. .
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Stocks rose on Wednesday as Home Depot Inc.'s  plan for a $22.5 billion share buyback underscored optimism about equity valuations, along with the growing allure of large-cap stocks, including General Electric Co. .
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Best Buy Co Inc, the largest U.S.  consumer electronics chain, said on Monday it will recommend  that consumers choose Sony Corp's Blu-ray high-definition video  format.
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Best Buy Co. Inc.  said on Wednesday it plans to open about 130 new stores in the United States, Canada and China during its next fiscal year.
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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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Top U.S. consumer electronics retail chain Best Buy Co. Inc.  is speeding up its expansion in China, banking on robust demand in a fast-growing market that it entered just one year ago.
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Best Buy Co. Inc.'s second-quarter results will show a 13 percent increase in revenue and 4.3 percent growth in same-store sales, the nation's largest consumer electronics retailer said Thursday.
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Shares of Wal-Mart Stores Inc.'s  rose nearly 3 percent on Monday after analysts upgraded their ratings on the world's largest retailer's stock, citing its plans to curb U.S. store growth and a $15 billion share buyback announcement.
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General Electric Co. raised its quarterly dividend by 10 per cent and launched a plan to buy back up to $15 billion US in shares over three years, as it projected double-digit percentage earnings growth for 2005.
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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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Consumer electronics retailer Best Buy Co  reported a better-than-expected 52 percent jump in quarterly profit on Tuesday and raised its full-year earnings forecast.
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US-based consumer electronics retailer Best Buy has reported a 22% jump in Q2 net earnings, which reached $230 million for the quarter ended August 26. Total revenue for the second quarter increased by 13% to $7.6 billion, helped by new store openings and strong sales of flat-panel televisions.