BEST BUY

Best Buy , the world's No.1 electricals retailer, will do whatever it takes to succeed in the UK, joint venture partner Carphone Warehouse said as it raised profit expectations for the third time in six months.

Electrical goods retailer Best Buy plans to open up to 1,000 new mobile phone shops, the Financial Times reported in its Monday edition.

Samsung Electronics Co Ltd said it was on track to top market forecasts with a record quarterly profit thanks to a strong recovery in its flagship chip business, the world's largest.

South Korea's Samsung Electronics Co Ltd said it was on track to beat market forecasts with a record first quarter profit thanks to a strong recovery in its flagship semiconductor business and robust TV sales.

Shares in Samsung Electronics hit a record high on Friday fueled by foreign buying amid current strong memory chip momentum and a robust earnings outlook for the first half.

U.S. electrical goods retailer Best Buy will open its first British store in May, it said on Monday, as partner Carphone Warehouse completed its demerger from telecoms arm TalkTalk .

U.S. gold futures finished Thursday with moderate gains, bouncing from a 6-week low hit overnight, and ending a choppy session in which prices were batted around by gyrations in the euro, oil and U.S. equity prices as well as impact from gold options expirations. * For the latest detailed report, click on [GOL/].

Best Buy beat Wall Street's view for profit and sales in its holiday quarter and forecast stronger-than-expected earnings in the current year as demand for electronics resurged in an improving economy.

Best Buy Co beat profit and sales estimates in its holiday quarter, boosted by demand for notebook computers, flat-panel televisions and mobile phones.

Panasonic Corp will launch its 3D televisions in the United States on Wednesday, and work with top U.S. electronics retailer Best Buy Co to promote the products, the Japanese electronics maker said.

Panasonic Corp will tie up with the top U.S. electronics chain Best Buy Co to market and boost the sales of its 3D TVs in the United States, the Nikkei business daily reported on Sunday.

When Dell Inc reported its fourth-quarter results last month, the announcement included a surprising figure -- an 81 percent jump in the PC maker's China sales during the quarter.

Samsung Electronics and Sony Ericsson unveiled their new top smartphone models on Sunday, both hoping to improve their positions in the more lucrative part of the phone market.

Top electronics chain Best Buy disappointed investors by not raising its full-year forecast despite an 8.2 percent rise in December same-store sales, signaling a potential weakness in margins.

U.S. electronics chain Best Buy Co Inc on Friday said December same-store sales rose 8.2 percent and it maintained its financial forecast for 2010.

Top U.S. electronics chain Best Buy Co said gross margins during the holiday season would fall short of expectations as it sells more discounted goods like flat-screen televisions, sending shares down 8 percent.

Investors took a dim view of early holiday season sales on Monday, with shares of Best Buy , Amazon and American Eagle Outfitters among the few positive performers on hopes they were gaining a larger share of consumer spending.

U.S. shoppers turned out in strong numbers at the start of the holiday season on Friday to hunt for bargains, though many said they were spending more selectively.

Black Friday is still a day away, but it's already getting bargain buyers excited. Best Buy is offering a Hewlett-Packard laptop for a super low $197. Best Buy says this is the first-ever, value priced HP laptop it's ever offered.

Best Buy is offering this Black Friday what it calls, the first-ever, value priced HP laptop. In a very aggressive bid to lure more customers to its store, Best Buy announced low $197 price tag for a Hewlett-Packard laptop running Windows 7 Home Premium (64-bit). The HP comes with a 15.6-inch screen and an Intel Celeron 900 processor.

Target, Kohl's, Best Buy and major retailers have unveiled their special deals for Black Friday 2009, according to Gottadeal.com, a self-called official Black Friday deal website.