The Chemours Company

NYSE: CC
$13.81
-$0.32 (-2.3%)
Real time price as of May 28, 2020 2:42 pm EDT
GM (GM) plunges on concerns about Chapter 11. Falls to $3.02 from 52-week high of $32.80.Citigroup (C) get caught in fears that big financials will have to raise more money. Sells down to $11.05 from...
Douglas A. McIntyre
Circuit City (CC) and GM (GM) have effectively proved a point about the current economy and credit markets. Without substantial positive cash flow and operating earnings, raising money is nearly...
Douglas A. McIntyre
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Douglas A. McIntyre
In addition to the nearly 7,000 people who lost jobs when Circuit City (CC) closed 155 stores last week, almost 800 people who work at the company headquarters in Henrico, near Richmond, are now out...
Douglas A. McIntyre
Today’s financial news headlines and stories are about how Circuit City (CC) is closing 155 stores in the hope of staying in business.The real story is in the fine print. Based on the current...
Douglas A. McIntyre
Amazon (AMZN) has two huge advantages as a retailer. The first is that it has no stores. The other is that it has an astonishingly large list of things it sells from TVs to books to consumer...
Douglas A. McIntyre
The Wall Street Journal reports that Circuit City (CC) is finally addressing just how desperate its situation is. The company is reportedly considering a plan to close 150 stores and slash jobs in an...
Douglas A. McIntyre
According to Reuters, a number of retailers are cutting back holiday hiring as they anticipate lower sales.Reuters reports that GM’s (GM) interest in Chrysler’s cash is helping move a merger...
Douglas A. McIntyre
Updated: 31 October 2008Not all companies and industries will be hit equally hard by the consumer credit crisis. Operations such as Procter & Gamble (PG), McDonald’s (MCD), and Wal-Mart (WMT) may...
Douglas A. McIntyre
It is time for Ben Bernanke to descend from Mount Olympus and join the Croesus of the administration, Henry Paulson, in the the trenches, or the tranches, depending on your perspective.Late word is...
Douglas A. McIntyre
Hartford Finl Svcs (HIG) Downgraded due to exposure to debt at troubled financial firms. Drops to $31.26 from 52-week high of $99.21.Circuit City Stores (CC) The end is near. Hard to see how the...
Douglas A. McIntyre
According to Reuters, the credit crisis has sharply increased the chances of a deep recession. Reuters reports that the fall in the stock market is pushing investors into safe investments like...
Douglas A. McIntyre
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. He was ejected because the...
Douglas A. McIntyre
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 2.2% this holiday season....
Douglas A. McIntyre
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 will be...
Douglas A. McIntyre