electronics retailer

Wall Street Forges Higher Despite Oil Market’s Glum Mood

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Buoyant trading in New York saw Wall Street set fresh records on Thursday, with US stocks recording their sixth consecutive positive finish. European markets were mainly in negative territory, however, and oil shares suffered on investor disappointment following an OPEC decision not to deepen cuts in crude output or prolong them past March of next … Read more

Best Buy Posts Unexpected Drop In Same-Store Sales

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The company’s shares fell more than 9 percent in premarket trading. Best Buy Co In (BBY. N), the No. 1 U.S. electronics retailer, reported an unexpected decline in holiday-quarter same-store sales on Wednesday, hurt by weak demand for tablets, gaming consoles, wearable devices and mobile phones. The company’s sales at stores open for more than … Read more