Best Buy Shares Surge After Holiday Sales Surprise
Best Buy (BBY) sales dropped slightly during the holidays. But the result was better than expected and shares jumped 12% in early Friday trading. It was the first holiday sales report for the world's largest consumer electronics retailer under its new management team, and investors apparently took it as an indication the struggling retail giant's turnaround is on track. Total revenue edged down 0.4%. It grew 2.2% in the international segment and
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