Best Buy cuts views on weak sales

Carphone raises £1.1bn in US deal
Carphone Warehouse is selling a half share in its retailing business to US firm Best Buy for £1.1bn.

January sales fever seen online
Internet shoppers spent 75% more this January than last, driven by sales in clothes and electrical goods.

Stocks slide again
Stocks slipped Friday morning as investors digested a surprise drop in a key manufacturing index and a profit warning from Best Buy.

Best Buy: Home theater; MP3 players; digital cameras and video...
Best Buy–a proxy on consumer technology demand–said Friday that January sales slowed enough to force the company to lower its earnings and revenue projections for the fiscal year...

Stocks struggle after battering
Stocks struggled Thursday afternoon, following a three-day selloff, as investors mulled Cisco's weaker sales outlook and a string of weak January sales reports after several down days.