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Transcripts For CNBC Squawk On The Street 20160823

High and oils worth watching on a cautious note. Best buy surging. Hows the turnaround plan looking now . Oil pulling back. Why goldman sees little upward price action for about a year. Toll brothers on the rise. What their report tells us about the housing market. But first up, the big surprise in best buys quarterly results. Up point 8. Guidance goes higher for the coming year. Its funny. A lot of people were expecting this would be a story about gaming, maybe weaker and cell phones maybe weaker. Guess what. They were weaker but appliances, which are on fire as we know from home depot last week, the appliance numbers extraordinary. Very high Single Digits and then something those of us who remember the old days, the housing days of best buy before the crisis, home theaters. People used to buy home theaters as part of the investment in the home. Its back home theaters very strong. Home theaters, appliances, but the end of it is wow. Theres a spend thats going on for the home that we w

IT News Online - IBM Appoints New Chief Sustainability Officer Christina Shim

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