Fitch cuts its rating on Best Buy (BBY -3.3%), citing sluggish same-store sales, pressure on margins from higher advertising costs, and tough competition from online and discount retailers. Same-store sales haven't been materially positive for the retailer since 2007, and Fitch expects they will remain in negative territory.
Are you Bullish or Bearish on ?
Results for ()
Thanks for sharing your thoughts.
From other sites
at CNBC.com (Feb 19, 2015)
at Benzinga.com (Feb 6, 2015)
at CNBC.com (Jan 16, 2015)
at MarketWatch.com (Jan 16, 2015)
at Benzinga.com (Jan 15, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs