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Carlyle shares jump after 7% drop in Q4 earnings exceeds estimates

Carlyle shares jump after 7% drop in Q4 earnings exceeds estimates
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Chris kotowskiHarvey schwartzCarlyle groupCo inc onBlackstone incWall streetExecutive harvey schwartz

Best Buy posts smaller-than-expected drop in sales

Top U.S. electronics retailer Best Buy Co Inc on Tuesday reported a smaller-than-expected drop in quarterly comparable sales, as deeper discounts encouraged bargain-hunting Americans to shop for.

United statesAnanya mariam rajeshSriraj kalluvilaCo inc onBest buy co inc

Best Buy quarterly results beat a bright spot amid weak annual forecast

Best Buy on Tuesday cut the top end of its annual revenue forecast after beating quarterly sales and profit estimates as bigger discounts encouraged bargain-hunting Americans to shop for appliances and laptops at its stores. Shares of the top U.S. electronics retailer climbed about 4% in early trading after CEO Corie Barry signaled improving television sales trends. The company also projected a slightly better-than-expected back-to-school season.

United statesCorie barrySriraj kalluvilaAnanya mariam rajeshCo inc onBest buyBest buy co incApple macbookAnnual revenueProfit estimatesDiscretionary spendingQuarterly sales

Best Buy sales drop smaller than expected as discounts drive demand

Best Buy sales drop smaller than expected as discounts drive demand
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United statesSriraj kalluvilaAnanya mariam rajeshBest buyCo inc onBest buy co inc

Best Buy forecasts profit below estimates as electronics demand weakens

Best Buy forecasts profit below estimates as electronics demand weakens
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Matt bilunasSriraj kalluvilaUday sampathCo inc onBest buyFederal reserveBest buy co incChief financial officer matt bilunasTarget corpAnild silva