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Third Quarter

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Best Buy Reports 3Q Loss Of $10M

Best Buy Co. reported another dismal quarter on Tuesday, recording a loss in the third quarter, hurt by a continued sales slump and charges related to restructuring. Shares fell more than 11 percent in morning trading to its lowest level in more than a decade.


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Target’s 3Q Profits Up 3.7 Percent

Target Corp. is reporting a 3.7 percent increase in third-quarter profits, helped by solid spending and improvement in its credit card business.


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Low TV, Laptop Sales Hurt Best Buy’s 3Q

Best Buy Co.’s third-quarter net income fell more than expected as it lost sales of TVs and laptops to competitors. It also cut its full-year outlook Tuesday.


US Airways Posts 3Q Profit

US Airways posted a third-quarter profit on Wednesday and said it expects to hire more flight attendants next year.



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