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Finance News

Best Buy reports 1Q loss on restructuring costs

Best Buy Co. is reporting a loss in its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores. Full Story

Vodafone annual profits up 1.9 percent

U.K.-based mobile telecoms company Vodafone has reported a 1.9 increase in annual profits despite a slowdown in much of its European operations. Full Story