Best Buy Tops Q2 Earnings Forecast, Cautions on Sales Growth

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Best Buy Tops Q2 Earnings Forecast, Cautions on Sales Growth

Best Buy Co Inc. (BBY) – Get Report posted much stronger-than-expected second quarter earnings Tuesday, but declined to provide a full-year profit forecast and said third quarter sales growth would likely slow amid the ongoing pandemic uncertainty.
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SFO to reopen entire international terminal as airlines return

San Francisco International Airport will reopen the “A gates” of its International Terminal on September 1 as more foreign airlines resume flights in coming weeks. It’s a sign that demand for air travel is slowly recovering, although passenger figures are still a …
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Costa Cruises to require cruise passengers to test negative for COVID-19 ahead of boarding

Costa Cruises, the Italian line which is a subsidiary of cruise giant Carnival Corp., will require all passengers to have a negative COVID-19 test result prior to boarding. Before embarking, all passengers will be subject to an antigen test starting with its first Sept.
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Papa John's growth streak continues into August as it sees North America same-store sales up more than 24.2%

Papa John’s reports preliminary estimated systemwide sales increased 24.2% in August in North America. The company has focused on growing digital and menu innovation under new CEO Rob Lynch. Papa John’s has announced hiring 30,000 workers …
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UK's Aveva Group to buy OSIsoft for $5 billion

British industrial software provider Aveva Group is buying SoftBank-backed peer OSIsoft for an enterprise value of $5 billion. Aveva is seeking to expand its services with the California-based firm’s PI system. Industrial companies have been incorporating more …
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