Tag Archives: earnings

Best Buy Warns Profits Will Be ‘Significantly Below’ Last Year, Cuts Senior Managers

Posted on by October 24, 2012
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BREAKING NEWS… After the close of the market today, Best Buy warned Wall Street that its third quarter earnings and same-store sales will be significantly below the same quarter last year. The company also announced that head of U.S. business … Continue reading →

S&P Cuts Sony’s Credit Rating to Just Above Junk, Issues Negative Outlook

Posted on by May 18, 2012
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<February 8, 2012> Credit rating agency Standard & Poor’s today cut the long-term debt rating on Sony Corporation to BBB+, just two notches above “junk” status, and further issued a negative outlook which suggests a potential further drop in the … Continue reading →