• Matt Buchanan a year ago

    “But even as the Best Buy announced its changes on Thursday, the Minneapolis-based company also posted a $1.7 billion fiscal fourth quarter loss that’s partly due to restructuring charges. Despite the loss, Best Buy’s adjusted results for the quarter topped Wall Street’s expectations. But as investors worried that Best Buy’s restructuring didn’t go far enough, its shares slid nearly 7 percent to close at $24.77 Thursday.”

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