Thursday 29 March 2012

Best Buy sales, restructuring disappoint

(Reuters) - Best Buy Co posted weaker-than-expected sales for the key holiday quarter and said it would close 50 large U.S. stores, sending shares of the world's largest consumer electronics chain down 9 percent on Thursday.

Source: http://www.reuters.com/article/2012/03/29/us-bestbuy-idUSBRE82S0MP20120329?feedType=RSS&feedName=vcMedia&virtualBrandChannel=10109

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