Best Buy narrows loss as Neue turnaround shows glimmers
Best Buy posts a smaller fourth quarter loss as CEO Hubert Joly drives efficiency through job cuts and online price matching. Revenue rose in stores open at least 14 months, while international sales fell. The retailer guided cautiously for Q1 amid heavy investments and a pending Schulze bid decision.
MENTIONED IN THIS ARTICLE
New York
Best Buy Co
Hubert Joly
Richard Schulze
Minneapolis
Best Buy
U.S
Joly
Sozzi
Bestbuy.com
Canada
China
Tvs
Schulze
Brian Dunn
Philadelphia
Roswell Mall expands with southern addition
Roswell Mall at 4501 N Main St adds 3 500 square feet for a future tenant. Lovelace Regional upgrades add new cab lab and replace MRI CT equipment at 113 E 19th St.
MENTIONED IN THIS ARTICLE
Roswell Mall
N. Main St
Lovelace
E. 19Th St
Familia Dental
Peter Piper Pizza
Subway
Denny’s
Marriott Towneplace Suites
la Quinta
East 19Th Street
Lovelace Regional Hospital
Holiday Inn Hotel & Conference
Samsung Award to Apple Cut by 450 Million in Damages
U S District Judge Lucy Koh trimmed 450.5 million from a 1 billion Apple verdict over Samsung patent infringements. The ruling affects 14 Samsung Galaxy devices and orders a new damages trial for those products. Samsung seeks further review while Apple and Samsung push for higher or full dismissal.
MENTIONED IN THIS ARTICLE
San Francisco
Samsung Electronics
Apple Inc
U.S
Lucy Koh
Samsung
Apple
Koh
Lauren Restuccia
U.S. Court of Appeals For
Federal Circuit
Washington, D.C
Carlsbad Caverns tourism fuels local economy in 2011
A National Park Service report shows 365 000 visitors to Carlsbad Caverns National Park in 2011 spent 20 million dollars in nearby communities, supporting 296 local jobs. The study forms part of a nationwide analysis by Michigan State University and NPS.
MENTIONED IN THIS ARTICLE
Carlsbad
National Park Service
Carlsbad Caverns National Park
America
National Park
Michigan State University
U.S
Nature
Nps.gov
Socialscience
New Mexico
Newmexico
PSMH Reports Second Quarter Growth With Doubling Revenue
PSM Holdings Inc through PrimeSource Mortgage reports Dec 31 2012 quarter results showing revenue of about 6.0 million for the three months and 11.9 million for six months, up 76 percent and 114 percent from a year earlier. Net income 0.21 million and 0.44 million, vs losses last year. 2063 loans closed in six months, up from 946. executives note back to back profitable quarters and growth plans nationwide.
MENTIONED IN THIS ARTICLE
Oklahoma City
PSM Holdings, Inc
OTCBB
PSMH
PrimeSource Mortgage Inc
PSMI
Jeffrey Smith
Ron Hanna
United States
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