Best Buy recently increased its dividend by 12%, the first increase since 2012. The company has greatly improved its financial position since the its turnaround began, and the dividend increase is proof that CEO Hubert Joly's plan is working.
Best Buy Co Inc (BBY) 2014 Regular Meeting of Shareholders Conference Call June 10, 2014 10:30 AM ET Executives Hatim Tyabji – Chairman Hubert Joly – President, Chief Executive Officer & Director Mollie O'Brien – Senior Director-Investor...Show More Summary
Steve Ballmer, best known for his long tenure as the CEO of Microsoft, is reportedly set to purchase the Los Angeles Clippers basketball team for $2 billion, according to the LA Times. Previously, he had been tipped to bid $1.8 billion...Show More Summary
Best Buy Co. (BBY) Q1 2015 Earnings Conference Call May 22, 2014, 08:00 AM ET Executives Mollie O'Brien - Senior Director, Investor Relations Hubert Joly - President and Chief Executive Officer Sharon McCollam - Chief AdministrativeShow More Summary
Warren Buffett — the Oracle of Omaha and CEO of Berkshire Hathaway — is best known as an entrepreneur and value investor, whose philosophy of identifying undervalued stocks and buying and holding them for years has made him the second richest person on the planet, and for a while last decade, the very richest. Show More Summary
An Oculus Rift headset on every face. Now that Facebook bought Oculus VR for $2 billion, the company can sell the headsets at cost, CEO Brendan Iribe tells Time. You can preorder the developer kit today for $350. But that price will drop in the future. Show More Summary
The following is a guest contributed post from Dick Beedon, CEO of Amplifinity. There seems to be a consensus that referrals are the best form of leads. They close faster, buy more and stay longer. In fact, great sales people have been good at generating referrals for what seems like forever. Until recently, large corporations […]
CEO Hubert Joly has Best Buy making money again, but he still has a lot of work to do to fix the company.
Best Buy Co. (BBY) Q4 2014 Results Earnings Conference Call February 27, 2014, 8:00 a.m. ET Executives Bill Seymour - VP, Investor Relations Hubert Joly -CEO Sharon L. McCollam - CFO Analysts Michael Lasser - UBS David Magee - SunTrust...Show More Summary
Microsoft Corporation (NASDAQ:MSFT) has a new CEO. Satya Nadella is taking over for Steve Ballmer. From the outside, this may look like one of the best CEO jobs in the tech industry. However, as we dig deeper it is easy to see that there is a lot of pressure associated with the position. There is […]
My longer form reads to start your weekend: • Indecision is sometimes the best way to decide (Aeon) • Most Germans don’t buy their homes, they rent. Here’s why (Quartz) • The Techtopus: How Silicon Valley’s most celebrated CEOs conspired to drive down 100,000 tech engineers’ wages (Pando Daily) • Swedroe: The Sad Truth About...Read More
CEO calls latest financial results a "speed bump," but concedes it will take years to reverse the electronics retailer's decline
Best Buy shares are collapsing after the company reported abysmal holiday sales results. The disaster is surprising to many because Best Buy's turnaround had been lauded by Wall Street analysts for the past year. CEO Hubert Joly presented...Show More Summary
Have you ever heard of Hubert Joly? No worries -- no one else had either when he was named the CEO of Best Buy in mid 2012. NB -- I'm sorry to feature an American retailer -- but Joly is French and the story I believe is universal and important. Back to my narrative... Not only was he French, he came -- horrors -- from the travel industry... Show More Summary
How many months does the average full-time McDonald's, Starbucks, Gap, Target or Best Buy worker need to work in order to match what the CEO makes in an hour? Place your bets, then hit the link for knowledge. Depressing, awful knowledge. Read more...
Dozens of retailers responded to consumer demand by opening stores earlier than ever on Thanksgiving night, including Macy’s, Toys “R” Us, Walmart and Best Buy, to name a few. When asked about the fact that they opened on Thanksgiving...Show More Summary
Dozens of retailers responded to consumer demand by opening stores earlier than ever on Thanksgiving night, including Macy’s, Toys “R” Us, Walmart and Best Buy, to name a few, When asked about the fact that they opened on Thanksgiving...Show More Summary
NEW YORK (Reuters) - Best Buy Co Inc has seen high demand for the Sony PS4 gaming console and at one New York City location it had sold out, the retailer's chief executive said on Thursday.
NEW YORK (Reuters) - Best Buy Co Inc has "pretty much run out" of the new PlayStation 4 gaming console, the retailer's chief executive said on Thursday.
It looks like Steve Ballmer wasn’t the only famous tech CEO who underestimated Dropbox’s staying power. ITBusiness.ca reports that Dropbox CEO Drew Houston this week recounted how late Apple cofounder Steve Jobs tried to buy out hisShow More Summary