Best Buy Beats Earnings Estimates and Raises Its Outlook

Best Buy reported fiscal second-quarter earnings grew 61% despite a decline in consumer traffic. But shoppers bought more per purchase. The results took many by surprise, especially with the company also boosting guidance, ar t…

Toyota to Expand Portfolio of Hybrid Vehicles

Toyota Motor (TM) is already the largest maker of hybrid vehicles, offering seven different models in the U.S. market. But the automaker’s plans call for it introduce six new models by the end of 2012 and to offer two plug-in hybrid vehicles, including…