Stock futures up on Best Buy results

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Source: Reuters
U.S. stock futures edged higher on today, as Best Buy, No. 1 consumer electronics chain, shares rose after the company outperformed revenues expectations. Best Buy announced earnings of 72 cents per share. This is by 7 cents more than last year and by 13 cents higher than Wall Street's expectation. This news moved the stock up by 7% to a preopening price of USD 19.39. Following this, S&P 500 futures gained 4.1 points, Dow Jones Industrial Average – 13 points and Nasdaq 100 futures – 9.5 points.
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Tue, 22 May 2012 20:19:55 GMT

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