Consumers may have benefited from some holiday shopping season price wars, but some retailers—such as Best Buy Co., Inc. (NYSE:BBY) and Toys ‘R Us Inc.—are accusing Wal-Mart Stores, Inc (NYSE:WMT) of unethical advertising practices which cost the companies tens of thousands of … [Read more...]
Best Buy (BBY) Stock Plummets 15% on Schulze Buyout News
Best Buy (NYSE: BBY) and its co-founder, and largest shareholder, Richard Schulze have agreed to extend the deadline on the Schulze buyout offer until after the holidays. The talks spurred a 15% jump in the company's stock price yesterday, but news of postponing the consummation of … [Read more...]
