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Monday, March 27, 2017
Best Buy Q4 Sales Up, Profit Down Slightly

Expecting the worst, Best Buy Co. March 26 reported fourth quarter (ended Feb. 28) net income of $570 million, down 23% from income of $737 million during the previous year period.

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Gamestop Next-gen Consoles Drive GameStop Q4

The sales of next-generation gaming consoles helped drive video game retailer GameStop to fourth-quarter earnings of more than $232 million, up 22.4% compared to the same period in 2007, the company reported March 26.

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Young Boomers Consume Most Video Media

A new study on consumer video habits shows younger baby boomers watch the most video media and also affirms live television as the dominant viewing choice.

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Baker & Taylor Moody’s Puts Baker & Taylor on Heightened Scrutiny

Baker & Taylor Acquisitions Corp. has been relegated by Moody’s Investors Services to list of companies considered likely to default or file for bankruptcy.

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Chorion, Sony Team for ‘Olivia’

Family entertainment producer and distributor Chorion has partnered with Sony Pictures Home Entertainment on the new preschool TV series “Olivia.”

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