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Best Buy beat the street’s expectation on both top and bottom lines, but issued a new warning on the coronavirus. Moody’s lead retail analyst for Best Buy Charlie O’Shea joins Yahoo Finance ...
Best Buy (BBY) withdraws guidance for first-quarter and fiscal 2021, in response to uncertainty surrounding the coronavirus crisis.
Unions have said in numerous statements that the inadequate preparations by these companies to make employees safe has led to higher illnesses and deaths from COVID-19. The United Food and Commercial Workers union said 72 of its members have died and more than 5,000 are not at work due to circumstances surrounding COVID-19. [41]
In their attempt to combat child pornography, the FBI hired several Best Buy employees from the Geek Squad division to covertly work for them flagging potential targets. In one incident, a customer brought in his computer for troubleshooting, which a Best Buy employee flagged as containing images of child pornography and reported to the FBI.
Firms announced 55,597 layoffs last month, down 23.7% from the 72,821 announced in September, outplacement firm Challenger, Gray and Christmas said. Layoffs would have been even lower last month ...
Here's what Best Buy posted for the third quarter, compared to Bloomberg consensus data estimates: Adjusted earnings per share: $1.26 versus $1.29 Net sales: $9.45 billion versus $9.63 billion
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