From this week, I highlight two main events: Best Buy’s earnings release and the profiling on Yannis Varoufakis in the NYT. These two pieces make a very interesting read:
Best Buy presented results that topped analysts’ expectations. Earnings were pressured from restructuring charges. These one-off items are related to the disposal of several international stores, specifically in Canada. Overall, the results are in line with a positive execution of the turnaround.
Varoufakis is a key character in the negotiations with Greece. Of importance is the fact that the outcome of these negotiations will shape the future of the EU. The New York Times did an extensive profiling on Varoufakis. This a very interesting work piece that can help us to better understand the man behind Greek’s financial policy.
Have a nice weekend!