Best Buy ups sales outlook heading into holiday shopping ramp-up

Best Buy raised its profit and sales expectations ahead of the holiday shopping ramp-up on Black Friday after a strong third quarter. Comparable-store sales at the nation's largest consumer electronics chain rose 2.7%, fueled by computing, gaming and mobile phones. It was the biggest gain in four years for the Minnesota retailer. Shares rose nearly 6% in early afternoon trading. Best Buy's CEO Corie Barry told reporters on a call Tuesday that the chain is making sure that it has a broad range of product ...