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Posts related to ‘CC’

The 52-week Low Club (TELK)(CC)(MBI)(NWA)(OMX)(GM)

Telik (TELK) Someone selling out of the stock in big numbers. A mystery wrapped in an enigma. Down to $1.24 from 52-week high of $4.96.Circuit City  (CC) Still selling off ...
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Circuit City Earnings & News Sounds Like “Going It Alone” (CC)

Circuit City Stores Inc. (NYSE: CC) has reported earnings this morning but the company is also giving some language as though it might not be all that gung-ho on proceeding ...
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The 24/7 Wall St. Ten Worst Managed Companies In America (JAVA)(SHLD)(BSX)(SBUX)(S)(CC)(MOT)(AMD)(AIG)(PFE)

With the trading year almost half over and results from the first quarter out, 24/7 Wall St. has created the latest installment of its Ten Worst Managed Companies In America ...
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NYSE Short Invest Shows Split Bets On Financial Shares (BAC)(C)(ABK)(WB)(WM)(CFC)(F)(S)(T)(CC)

Not all financial shares are created equal, at least no according to short bets made on NYSE companies for the period ending. April 30 compared to numbers on April 15.Short ...
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Circuit City Finally Capitulates (CC, BBI, GS)

Circuit City Stores, Inc. (NYSE: CC) has finally capitulated.  There are two separate announcements this morning, but in reality it is all part of the same issue.  This will allow ...
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Blockbuster’s (BBI) Mad Dash

Blockbuster (BBI) continues to put its nose where it does not belong. First it tried to buy Circuit City (CC), a firm which is weaker than Blockbuster is, and Blockbuster ...
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Circuit City’s Largest Holder Joins Activist Efforts (CC, BBI)

A firm called HBK INVESTMENTS, L.P. has just changed its tune regarding its investment in Circuity City Stores Inc. (NYSE: CC).  As of December 31, 2007, HBK-I owned or controlled ...
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Circuit City (CC) Should Buy Blockbuster (BBI): The Pac-Man Defense

One the way to buying Circuit City (CC), Blockbuster (BBI) found out it may not have the money to close a deal. Its big shareholder Carl Icahn might help and ...
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Media Digest 4/21/2008 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, National City (NCC) will raise as much as $7 billion.Reuters writes that Viacom (VIA) will launch a pay TV channel to compete with Time Warner's (TWX) HBO. ...
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The 52-Week Low Club (CRS)(CC)(FHN)(HBAN)(FITB)

Carpenter Technology (CRS) Company only manages to hit low end of guidance. Drops to $48.10 from 52-week high of $79.66.Blockbuster (BBI) Bid for Circuit City (CC) sends investors running for ...
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Night Of The Living Dead: Blockbuster (BBI) Bids For Circuit City (CC)

It is the kind of deal that investment bankers trying to save their jobs and desperate CEOs might dream up. Blockbuster (NYSE:BBI) has proposed to buy Circuit City (NYSE:CC) for ...
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Media Digest 4/14/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Blockbuster (NYSE:BBI) said it has offered to buy Circuit City (NYSE:CC) for $6 to $8 in cash.Reuters writes that a merger between Delta (NYSE:DAL) and Northwest (NYSE:NWA) ...
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Media Digest 4/10/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Yahoo! (YHOO) is seeking a merger with Time Warner's (TWX) AOL which Microsoft (MSFT) and News Corp (NWS) at a joint bid for the No.2 search company.Reuters ...
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Circuit City & Profits, Still More Questions Than Answers (CC, BBY)

Circuit City Stores, Inc. (NYSE: CC) announced something this morning that many thought could not be done.  The company is posting a profit.  It posted a profit of $4.85 million ...
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Media Digest 4/3/2008 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, The Treasury said that regulators saved Bear Stearns (BSC) to help the markets.Reuters writes that Sony (SNE) will cut costs and boost order to fight the strong ...
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