All Posts Tagged Tag: ‘five star’

Best Buy Closing 50 U.S. Stores, Stock Drops

It has been reported that Best Buy plans to close 50 big-box U.S. stores by 2013, causing its stock to take a hit. Still, the company says it seeks to open 50 stores in China, after reporting its quarterly results. Best Buy shares dropped 8% after the announcement of the closings, regardless of reporting better than expected earnings. Analysts at …

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