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Form 4 Oracle: Boston, MA -- Form4Oracle: Insider Trading Report: Best Buy Co Inc (BBY)

Mon. June 30, 2008; Posted: 04:11 AM
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Jun 30, 2008 (M2 PRESSWIRE via COMTEX) -- BBY | Quote | Chart | News | PowerRating -- Patel Kalendu, EVP-Strategy & International at Best Buy Co Inc (BBY) has reported buying $179.89K today.This purchase has increased overall holdings of Patel Kalendu, EVP-Strategy & International in Best Buy Co Inc by 149%.For a current, real-time summary of BBY insider activity, visit http://www.form4oracle.com/company?cik=0000764478&ticker=BBY

About Form4Oracle

Form4Oracle, LLC specializes in distributing insider trading information published by the SEC, making it accessible and actionable for all types of investors. To learn more about how tracking insider trading activity can improve your investment returns, visit http://www.form4oracle.com.

About Best Buy Co Inc

Best Buy Co., Inc., together with its subsidiaries, operates as a specialty retailer of consumer electronics, home office products, entertainment software, appliances, and related services primarily in the United States, Canada, and China. It offers various video products, including televisions, digital cameras and accessories, digital camcorders and accessories, and DVD players; and audio products, such as MP3 players and accessories, navigation products, and home theater audio systems and components, as well as mobile electronics, including car stereo and satellite radio products. The company also offers home-office products that comprise notebook and desktop computers, monitors, mobile phones, hard drives, networking products, and accessories; and entertainment software, including video gaming hardware and software, DVD movies, CDs, and computer software. In addition, it provides kitchen appliances, plumbing fixtures, air conditioners, small electrics, and housewares, as well as snacks and beverages. Further, the company offers broadband, voice, data, and information technology services; computer-related services; product repair services; and delivery and installation of home theater, mobile audio, and appliances. It operates retail stores and Web sites under the brand names, Best Buy, Five Star, Future Shop, Geek Squad, Magnolia Audio Video, Pacific Sales Kitchen and Bath Centers, and Speakeasy. As of March 1, 2008, the company operated 923 U.S. Best Buy stores, 51 Canada Best Buy stores, and 1 China Best Buy store, as well as 19 Pacific Sales stores, 13 Magnolia Audio Video stores, 9 Best Buy Mobile stand-alone stores, 7 Geek Squad stand-alone stores, 131 Future Shop stores, and 160 Five Star stores. The company was founded in 1966. It was formerly known as Sound of Music, Inc. and changed its name to Best Buy Co., Inc. in 1983. Best Buy Co. is based in Richfield, Minnesota.

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The companies referenced in this report have not approved the statements made in this report. This report contains statements that imply risks and uncertainties. This material is for informational reporting purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Form4Oracle is not a licensed broker, broker dealer, market maker, investment banker, investment adviser, analyst or underwriter and is not compensated in this regard.

Please consult your broker to understand investing benefits and risks and prior to purchasing any securities mentioned herein.

CONTACT: Kimberly Sutton, on behalf of Form4Oracle Tel: +1 312 315 5077 e-mail: kimberly@form4oracle.com

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details on Best Buy Co Inc (BBY) click here. Best Buy Co Inc (BBY) has Short Term PowerRatings of 5. Details on Best Buy Co Inc (BBY) Short Term PowerRatings is available at This Link.

    


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