No. 1 consumer electronics retailer Best Buy Co. has taken its share of hits recently, including a $1.7 billion fiscal loss and sudden departure of CEO Brian Dunn, but its market status is sound and growing, an analyst said.
The Securities and Exchange Commission reportedly has sent letters of inquiry to select Hollywood studios regarding recent agreements with China easing restrictions of theatrical movies allowed into the communist country.
Paramount Home Media Distribution scored a rare triple-whammy on the home video charts the week ended April 22, as the latest installment in the Tom Cruise-starring “Mission: Impossible” franchise debuted at No. 1 on all three charts.