BBI
Blockbuster filed for Chapter 11 as expected.The rental chain declared that it reached agreement with a group of bondholders holding approximately 80.1 percent principal amount of the company’s...
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Many traders and investors love the active penny-stocks and low-priced stocks. And betting against low-priced shares is something that expert short sellers frequently do. The short selling from...
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The short interest in BP plc (NYSE: BP) rose 290% to 25.7 million shares in the period ending June 15 as traders increased their bets that the UK-based oil company will face more problems that will...
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24/7 Wall St. has created a new list of brands that will disappear, which includes Readers Digest, Kia Motors, Dollar Thrifty (NYSE: DTG), Zale (NYSE: ZLC), Blockbuster (NYSE: BBI), T-Mobile, BP plc...
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There are several big movers this morning for day traders and active traders that look for stocks with gap-ups or gap-downs. Stocks with news or events causing moves are Actel Corporation (NASDAQ:...
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When Blockbuster Inc. (NYSE:BBI) filed its 2009 annual report in March, it included the dreaded “going concern” sentence, indicating that it needed to boost its operating income and restructure...
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Reuters: BP plc (NYSE: BP) had warning signs of pressure on its Deepwater Horizon rig.Reuters: Geithner went to Europe to press for more reform.Reuters: The Qatar sovereign wealth fund...
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Netflix, Inc. (NASDAQ: NFLX) had been on another tear but a UBS downgrade from Neutral to ‘Sell’ yesterday refuted a WSJ story that Netflix could be a possible takeover target for Amazon.com Inc....
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Reuters: The Senate backed restrictions on credit rating agencies and credit card fees.Reuters: Oil dropped to a three-month low based on demand.Reuters: Facebook will hold a staff...
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Blockbuster, Inc (NYSE: BBI), nearly ruined by the high cost of its store network and withering from competition from NetFlix (NYSE: NFLX) and the kiosk operator Redbox, posted another quarter...
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The VCR was supposed to ruin box office demand. Then Blockbuster (BBI) was the spoiler. Then came DVDs and high-def DVDs. That spawned NetFlix (NFLX) and kiosk operations like Redbox.What DVDs...
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This weekend’s roster of the Unusual Suspects has far fewer earnings previews due to the notion that earnings season is over and we are already getting ready for another earnings season. But...
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Lee Iacocca, Chrysler’s CEO in 1979, worked for $1 a year while his company paid back taxpayers $1.2 billion in loan guarantees. Edward Liddy, former CEO of Allstate (ALL), was paid $1 a year when...
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A look at the “hardest working” major brands for 2009 shows that a number of them belong to companies which have done poorly and, in at least one case, may file Chapter 11. This is due to the...
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Blockbuster (BBI), the world’s largest movie rental chain, has all sorts of problems. It is nearly insolvent. Its model of renting DVDs from stores has been largely bypassed by online operations...
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