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November 20, 2018 - 7:54 am
RICHFIELD, Minn. (AP) - Best Buy Co. (BBY) on Tuesday reported fiscal third-quarter profit of $277 million. The Richfield, Minnesota-based company said it had net income of 99 cents per share. Earnings, adjusted for one-time gains and costs, were 93 cents per share. The results topped Wall Street...
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credit: Best Buy Corporation
October 30, 2018 - 9:29 am
Richfield-based Best Buy is among the major American retailers taking steps to pick up a slice of the more than $10 billion in annual toy sales up for grabs following the demise of Toy R Us. Retail Analyst Ken Perkins said Best Buy has a number of competitors looking for a slice of what Toys R Us...
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September 26, 2018 - 2:20 am
WASHINGTON (AP) — The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead. The big question is whether the strong U.S. economy, which has been fueled this year by tax cuts and increased government...
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The WCCO Morning News with Dave Lee
September 19, 2018 - 11:31 am
The Mayo Clinic in Rocherster could be expanding. That expansion is going up however. The healthcare giant is getting taller, literally. Mayo Clinic is partnering with a Singapore real estate developer to expand downtown Rochester's Gonda Building, adding 11 stories and a 200-room "premier hotel"...
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credit: Best Buy Corporation
August 28, 2018 - 8:16 am
NEW YORK (AP) - Best Buy Co. reported its largest second-quarter sales boost in 15 years on Tuesday, helping to push revenue and profit beyond Wall Street expectations. Same-store sales, a key measure for retailers, jumped 6 percent during the quarter. But investors shrugged off the results and...
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