Cyber Monday 2013: Will Best Buy Co. Inc.'s (BBY) Holiday Promotions Hurt Fourth Quarter Profit?

Category: Markets / Finance / Dec 03, 2013 1:01PM EDT

Joseph Greco, managing director with brokerage firm Meridian Equity Partners Inc., weighs in on Cyber Monday's record sales and how competitive holiday promotions will impact companies such as Best Buy Co., Inc. (NYSE: BBY) in the fourth quarter.