national-news-from-abc

Best Buy (BBY) Reports Near-90 Percent Profit Drop

Best Buy (BBY) Reports Near-90 Percent Profit Drop Best Buy Co. today reported a nearly 90 percent drop in profit for the second quarter, owing to tight margins and poor sales. Shares were down more than 6 percent to about $17 this morning at the end of the company’s conference call with stock...


Read more http://feeds.abcnews.com/click.phdo?i=702b904a2c6b0f4f066ecd71aa9da4d1