YHOO - BloggingStocks (Free subscription) | 07/02/2008
Filed under: Before the bell , Microsoft (MSFT) , Yahoo! (YHOO) , General Motors (GM) , Blockbuster Inc 'A' (BBI) , Circuit City Stores (CC) Apollo Group (NASDAQ: APOL ) is up over 15% on strong profits. Blockbuster (NASDAQ: BBI ) is up over 10% on news it has dropped it bid for Circuit City (NYSE: CC ). Yahoo! (NASDAQ: YHOO ) is up 6% on news of a possible new bid from Microsoft (NASDAQ: MSFT )....
Silicon Alley Insider (Free subscription) | 07/02/2008
Blockbuster (BBI) has finally come to the same realization most of the world had in April : There's no good reason for it to buy Circuit City (CC), another foundering retailer. So it's ditching those efforts, "spooked by souring market conditions" and whatever it found in Circuit City's books, the WSJ reports ($). The video-rental chain's move to withdraw its bid leaves Circuit City scrambling to...
Market Wire - Investment Opinion (Free subscription) | 07/02/2008
TORONTO (MARKET WIRE) BellwetherReport.com is the leading online financial newsletter for investors seeking top independent and unbiased research. Investors seeking free and unbiased analyst opinions on the companies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports. Today, we have once again scheduled interviews with a number...
24/7 Wall St. (Free subscription) | 07/02/2008
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... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
The East Bay Business Times (Free subscription) | 07/03/2008
Blockbuster Inc. has withdrawn its proposal to buy Circuit City Stores Inc., citing market conditions. (BBI) (CC)
SeekingAlpha Retail Stocks (Free subscription) | 07/03/2008
Seth Gilbert submits: The proposed marriage of Blockbuster (BBI) and Circuit City (CC) always seemed wrong; like two actors that peaked early, fell from favor and were looking for mutual salvation in a questionable, improbable union. It didn’t make sense. It didn’t feel right. The common ground seemed to be troubles, not opportunities. Given that, the odds of one company salvaging the other, of Blockbuster...
The Dayton Business Journal (Free subscription) | 07/02/2008
Video rental chain Blockbuster Inc. has decided to withdraw its proposal to buy Circuit City Stores Inc. (BBI) (CC)
Seeking Alpha (Free subscription) | 07/03/2008
Markham Lee submits: Now that Blockbuster (BBI) has walked away from Circuit City (CC), it's time for the speculation to begin over who is should/can buy the company. The problem is that these discussions will probably revolve around who has the ability to buy CC, and then the analysts will more or less "invent" a scenario under which the marriage of the two companies makes sense. Complete Story »...
Seeking Alpha (Free subscription) | 07/03/2008
Markham Lee submits: Yesterday Blockbuster (BBI) did the right thing by walking away from the train wreck that is Circuit City (CC); after all what does sense does it make sense to invest in a failing business when your own company is struggling to make money. From the Financial Times: Complete Story »
The Business First of Columbus (Free subscription) | 07/02/2008
Video rental chain Blockbuster Inc. has decided to withdraw its proposal to buy Circuit City Stores Inc. (BBI) (CC)
The Business Journal of the Greater Triad Aera (Free subscription) | 07/02/2008
Blockbuster Inc. said it has decided to withdraw its proposal to buy Circuit City Stores Inc. due to market conditions. (BBI) (CC)
The Atlanta Business Chronicle (Free subscription) | 07/02/2008
Video rental chain Blockbuster Inc. said it has decided to withdraw its $1 billion proposal to buy Circuit City Stores Inc., citing market conditions. (BBI) (CC)
The Baltimore Business Journal (Free subscription) | 07/02/2008
Video rental chain Blockbuster Inc. said it has decided to withdraw its proposal to buy Circuit City Stores Inc., citing market conditions. (BBI) (CC)
The Dallas Business Journal (Free subscription) | 07/02/2008
Video rental chain Blockbuster Inc. said it has decided to withdraw its proposal to buy Circuit City Stores Inc., citing market conditions. (BBI) (CC)
24/7 Wall St. (Free subscription) | 07/02/2008
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... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
