Elizabeth Trotta

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Elizabeth Trotta is a news and investing editor for Yahoo! Finance, currently focused on working with the CNBC editorial team. Elizabeth has been covering business and economic news for several years, and prior to Yahoo! Finance, she worked for SmartMoney, TheStreet.com and Investment Dealers' Digest.

Blog Posts by Elizabeth Trotta

  • G-20 Meet at key time for...pretty much everyone

    The main themes that we've watched play out recently on the Greek stage will be discussed on a bigger stage this week as finance ministers from 20 of the world's largest economies -- the G-20 -- meet in Mexico.

    The G-20 leaders are expected to push Europe for stronger action to stymie the risk of contagion. But exactly how to do that -- through more austerity to stop the bleeding or through more spending to encourage growth -- remains a point of contention.

    The Greek election on Sunday put at bay the most immediate concerns that Greece would be exiting the euro, dropping the bailout plans in an effort to go it alone. The euro zone as everyone knows it survived another day, but the Greek government is now tasked with the same tasks it failed to complete -- including the very first step, forming a coalition government -- just weeks ago.

    Current System Isn't Working

    Although the so-called "pro-bailout" group, the New Democracy Party, won the most Parliamentary seats of any party in the

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  • Is Best Buy still a bad buy?

    Best Buy is finally making headlines for something other than executive liaisons and serving as Amazon's showroom -- sort of.

    Shares of the beleaguered electronics retailer added 2% after hitting a new 52-week low yesterday. Earnings seemed to spell some relief, but then again, analysts don't exactly seem convinced.

    In an earnings release earlier today, the company said first-quarter profit fell about 26%, but topped Wall Street expectations.  Sales rose 2.1%, beating estimates, but if you factor out an extra selling week, it was a miss, says Piper Jaffray analyst Peter Keith, who kept a neutral rating on the stock.

    The company has begun the search for a new CEO. It said Monday that the board's search committee chose Spencer Stuart to spearhead efforts to find its next chief executive.

    In the meantime, it will pay interim CEO Mike Mikan a biweekly salary based on annual compensation of $3.3 million -- a mix of $1.1 million in base salary and $2.2 million in the company's short-term

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