BEST BUY

Best Buy will reduce the size of its superstores over the next five years.

Best Buy Not Ready for Dead

Best Buy to use cash hordes no longer needed to repurchase $5 billion in stock. The company increases its quarterly dividend 7%. Best Buy will reduce square footage in its big box stores over the next five years.
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Best Buy settles class-action bias lawsuit

Best Buy Co agreed to settle a class-action lawsuit accusing the largest U.S. electronics retailer of job discrimination, paying a total of $200,000 to the nine named plaintiffs plus as much as $10 million for legal fees and costs.
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Samsung files LCD patent suit against AU Optronics

Samsung Electronics Co said on Thursday it had filed a complaint with the U.S. International Trade Commission against Taiwan's AU Optronics Corp and some of its customers for importing and selling flat-screen devices that it says infringe a number of its patents.
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Samsung files suits vs Apple in Korea, Japan, Germany

Samsung Electronics Co said on Friday it had filed patent lawsuits against Apple in South Korea, Japan and Germany, a week after the world's top technology company claimed Samsung's smartphones and tablets slavishly copied its products.

RIM's Playbook Sales Far Exceeding Motorola Xoom: Analyst

Jefferies & Co. said Research In Motion Ltd.'s (RIM) Blackberry Playbook sales are far exceeding Motorola's Xoom sales. The brokerage said its checks indicate first-day sales skewed toward pre-orders and the 32GB and 64GB models.
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Best Buy to shrink big boxes; concerns linger

Best Buy Co Inc said it will boost its Web presence, shrink some larger stores and open more of its smaller U.S. stores to try to win back market share from the likes of Amazon.com Inc and Wal-Mart Stores.
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Best Buy to chase more online shoppers

Best Buy Co Inc plans to boost its Web presence and open a greater number of small stores in the United States targeting mobile customers in an effort to win back market share from the likes of Amazon.com Inc and Wal-Mart Stores Inc.
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Best Buy to open more online, mobile stores

Best Buy plans to boost its Web presence and open a greater number of small stores in the United States targeting mobile customers in an effort to win back market share from the likes of Amazon and Wal-Mart.
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Weak TV demand seen hurting Best Buy results

Best Buy Co Inc is poised to report its third straight quarter of same-store sales declines on weak demand for televisions and entertainment software in the all-important holiday season.
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LG Display says in 3D panel supply talks with Sony

Flat-screen maker LG Display said on Thursday it was in talks to provide 3D TV panels to Sony Corp, as it seeks to muster allies amid an intensifying feud over the 3D market with bigger rival Samsung.

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