Best Buy posts higher profit
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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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International Business Machines Corp.  on Tuesday posted a quarterly net profit that beat Wall Street's recently raised profit target as solid year-end product sales were buoyed by a weaker U.S. dollar.
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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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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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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.
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Best Buy said its comparable-store sales rose 1.5 percent in December on strong sales of video games and notebook computers.
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Walgreen Co , one of the  largest U.S. drugstore operators, posted higher quarterly  profit on Friday, helped by higher sales and cost controls.
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MINNEAPOLIS - Best Buy Co. Inc. said Tuesday its third-quarter profit rose 9 percent as customers bought more expensive products, but results were below expectations as the nation's biggest consumer electronics retailer made greater use of promotions to move merchandise.
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Best Buy reports another solid quarter.
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Top U.S. consumer electronics retailer  Best Buy Co. Inc.  said on Tuesday its quarterly profit  fell, dragged down by sales of lower margin products.
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Wal-Mart Stores Inc., the world&#39;s biggest retailer, posted a higher quarterly profit Tuesday, in line with Wall Street expectations, and said it was optimistic about the rest of the year.
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Best Buy Co. Inc., the nation's largest consumer electronics retailer, said second-quarter profits rose 8.7 percent on strong international results and tighter spending controls.
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Wal-Mart Stores Inc. , the world's biggest retailer, on Tuesday reported higher quarterly profit, meeting Wall Street expectations, and said it was optimistic about the rest of the year.
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The largest U.S. home furnishings retailer posted higher profit, helped by sales of back-to-college merchandise.
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Best Buy Co. Inc., the nation's largest consumer electronics retailer, said Tuesday that second-quarter earnings rose 22 percent on a 13 percent increase in revenue.
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Shares of Best Buy (BBY:NYSE - news - research) caught a bid Wednesday after the electronics retailer&#39;s third-quarter results beat estimates.
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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.