Quantcast

Posts related to ‘CC’

Circuitcity

Circuit City (CC) Falls Off The Earth As CEO Leaves

Posted: September 23, 2008 at 5:35 am

Circuit City (CC) sacked the CEO who ran the company for the past four years. Philip Schoonover held every important job at the retailer from chairman to CEO to president. ...
Read Full Story »
Unemply

In A Moment Of Optimism Retailers Say Holiday Sales Will Be Bad (WMT)(SHLD)(CC)

Posted: September 23, 2008 at 4:11 am

Hope is a fine human emotion until it moves to lunacy. A psychosis of optimism has seized the retail industry. The National Retail Federation says that sales will rise only ...
Read Full Story »
Newspaper

Media Digest 9/23/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 23, 2008 at 2:51 am

According to Reuters, Wilbur Ross say the bailout package does not address the core of problem which is mortgage payments. Reuters writes that the National Retail Federation says that this ...
Read Full Story »
Angrybear

A Dozen Companies Which Should Lay-Off 10,000 People This Year

Posted: September 4, 2008 at 10:31 am

The evidence that sales at many companies are struggling and that employment will suffer are almost everywhere. Recently, a division of GMAC said it would let 5,000 people go. According ...
Read Full Story »
Sad_clown

The 52-Week Low Club 8/20/2008 (FNM)(FRE)(MNI)(CC)(NVTL)

Posted: August 20, 2008 at 2:49 pm

Fannie Mae (FNM) Fear the mortgage firm will fail. Drops to $3.95 from 52-week high of $70.57. Freddie Mac (FRE) Ditto. Sells down to $2.95 from 52-week high of $67.20. ...
Read Full Story »
Circuit_city_logo_2

Circuit City’s Turnaround Expert Still Under Schoonover, Big Mistake (CC)

Posted: August 19, 2008 at 7:59 am

Circuit City Stores, Inc. (NYSE: CC - News) has appointed director James A. Marcum as vice chairman of the company. In this new position, Marcum is expected to play a ...
Read Full Story »
Newspaper

News Digest 8/12/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: August 12, 2008 at 2:52 am

According to Reuters, JP Morgan (JPM) lost $1.5 billion in July.Reuters writes the UBS (UBS) posted a huge loss and will split itself into a wealth management operation and an ...
Read Full Story »

Top Pre-Market Analyst Downgrades (BBY, BBBY, CC, DELL, HPQ, JNS, LIZ, LSI, PIR, RACK, RSH, SFD)

Posted: August 5, 2008 at 6:25 am

These are some of the top Downgrades or negative calls we are seeing early this Tuesday morning.  Neutral and Hold ratings are not technically negative, but they aren't ringing endorsements ...
Read Full Story »
Circuitcity

Big Retails Which May Close Or Downsize (CC)(BBI)(PIR)(CPWM)

Posted: July 30, 2008 at 12:49 pm

It is now no secret that we are in a very weak economic environment and if it is not an official recession it is for about 80% of the country.  ...
Read Full Story »
Circuitcity

Why Is Circuit City (CC) Opening New Stores?

Posted: July 28, 2008 at 2:51 am

Consider the following:Since 2006, shares of Circuit City have fallen from $30 per share to $2.22.In FY 2006, the company earned $140 million. In FY 2008, Circuit City lost ...
Read Full Story »

The 52-Week Low Club (GM)(CC)(HTZ)(CAL)(UAUA)(MNI)

Posted: July 2, 2008 at 2:47 pm

GM (GM) falls as issue of Chapter 11 is raised. Drops to $10 from 52-week high of $43.20.Circuit City (CC) drops as Blockbuster (BBI) withdraws bid. Plummets to $2.10 from ...
Read Full Story »

Blockbuster Realizes Circuit City Is Garbage In Garbage Out (BBI, CC)

Posted: July 2, 2008 at 9:38 am

Blockbuster Inc. (NYSE: BBI) is seeing a surge in early trading ahead of a long weekend.  The company realized that the buyout interest of wanting to own Circuit City Stores ...
Read Full Story »

Media Digest 7/2/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 2, 2008 at 2:55 am

According to Reuters, US car sales hit a 15 year low.Reuters writes that Paulson said the US is facing a tough Q2.Reuters reports that Starbucks (SBUX) will close 600 stores ...
Read Full Story »

The 52-Week Low Club (CAR)(AMR)(UAUA)(CC)(FO)

Posted: July 1, 2008 at 2:56 pm

Avis Budget (CAR) Part of the collapse of the travel industry. Down to $6.93. Fortune Brands (FO) Poor results dog the stock. Down to $51.59 from 52-week high of $90.80. ...
Read Full Story »

Media Digest 6/25/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 25, 2008 at 2:59 am

According to Reuters, the Fed is seen as holding rates on fears of inflation.Reuters writes that the CEO of Nissan is bracing for the worst in the US.Reuters writes that ...
Read Full Story »