Best Buy December Sales Rise
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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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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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Sales of video game hardware and software were up in December from a year earlier as holiday shoppers snapped up new consoles, market research firm NPD said.
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New orders at U.S. factories rose 2.4 percent in December, higher than forecast, while inventories edged up, a government report showed on Friday.
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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. sales of video game hardware  and software rose 28 percent in December from a year earlier as  holiday shoppers snapped up new consoles like Nintendo Co Ltd's  (7974.OS) top-selling Wii, market research firm NPD said on  Thursday.
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Wal-Mart Stores Inc. , the world's largest retailer, said on Saturday it still expects a 1 percent to 3 percent increase in December sales at its U.S. stores open at least a year.
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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.
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Those shopping at post-Christmas sales between 26 and 28 December has risen 2.1% on last year, says a retail analyst.
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Consumer electronics retailer Best Buy Co  said on Friday that sales at stores open at least 14 months rose 1.5 percent in December and affirmed its fiscal 2008 earnings outlook.
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Best Buy reports another solid quarter.
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Top consumer electronics retailer Best Buy Co  on Friday posted slower growth in same-store sales for December as weaker consumer spending hurt television sales, and its shares fell more than 4 percent.
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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. 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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Best Buy Co Inc. BBY.N on Tuesday   said quarterly profit rose 22 percent, boosted by new store   openings and sales of high-priced electronics, like flat-panel   televisions.
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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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Pending sales of existing U.S. homes advanced a stronger-than-expected 4.9 percent in December, the biggest monthly gain since 2004, a real estate agents' trade association said on Thursday in a report showing some stability in the housing market.