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39 minutes ago RICHMOND, Va. - Circuit City Stores says its second-quarter loss widened, and the nation's second-largest electronics retailer withdrew its fiscal 2009 outlook amid sluggish sales, poor traffic and heightened competition.
Circuit City po..
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By MICHAEL FELBERBAUM, Associated Press Writer Thu Sep 25, 6:07 PM ET RICHMOND, Va. - Circuit City Stores Inc.'s departing chief executive is receiving at least $1.8 million in a severance deal after resigning from his post at the consumer electronics r..
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By MICHAEL FELBERBAUM, Associated Press Writer 6 minutes ago RICHMOND, Va. - A change at the top may not be enough to jump-start Circuit City Stores Inc., after the head of the nation's No. 2 consumer electronics retailer abruptly resigned amid plummeti..
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By MICHAEL FELBERBAUM, Associated Press Writer 24 minutes ago RICHMOND, Va. - Ignoring Alfred E. Neuman's mantra of "What, me worry?," Circuit City Stores Inc. temporarily banished the irreverent MAD Magazine from its store's shelves for poking fun at t..
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Thu Jul 3, 5:45 AM ET (Reuters) - Blockbuster Inc (BBI.N), which abandoned its offer to buy Circuit City Stores Inc (CC.N) this week, may try to acquire the electronics retailer later, the New York Post said Thursday citing insiders.
One source told th..
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By MICHAEL FELEBRBAUM, Associated Press Writer 1 hour, 23 minutes ago RICHMOND, Va. - Circuit City Stores Inc. plummeted to historic lows in trading Wednesday after Blockbuster Inc. withdrew its takeover bid, causing investors to question the consumer e..
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1 hour, 4 minutes ago ATLANTA (Reuters) - Circuit City Stores Inc (CC.N) shares sank as much as 16 percent on Wednesday after Blockbuster Inc (BBI.N) abandoned its bid for the electronics retailer, saying a deal was not in the movie rental company's bes..
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2 hours, 9 minutes ago LOS ANGELES (Reuters) - Shares of Blockbuster Inc (BBI.N) rose nearly 13 percent on what one analyst said was investor speculation that the movie rental company's deal to buy Circuit City Stores Inc (CC.N) is falling apart.
"Peop..
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1 hour, 8 minutes ago ATLANTA (Reuters) - Retailer Circuit City Stores Inc (CC.N) has received buyout interest from several strategic and financial bidders, including movie-rental company Blockbuster Inc (BBI.N), and a sales agreement could be announced..
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By MICHAEL FELBERBAUM, Associated Press Writer 2 hours, 14 minutes ago RICHMOND, Va. - Circuit City Stores Inc. stayed mum on Tuesday about whether a buyout is in the future for the consumer electronics retailer, but an activist investor expects an anno..
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By MICHAEL FELBERBAUM, Associated Press Writer 37 minutes ago RICHMOND, Va. - Investors hope to gain some clarity on the future of consumer electronics retailer Circuit City Stores Inc. at its annual shareholder meeting Tuesday.
Adding to uncertainty c..
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11 minutes ago NEW YORK (Reuters) - Retailer Circuit City Stores (CC.N) reported a wider first-quarter loss on Thursday as sales fell amid the challenging U.S. consumer spending environment, and said it has suspended dividend payments to save cash.
The..
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By Karen Jacobs 1 hour, 55 minutes ago ATLANTA (Reuters) - Circuit City Stores Inc (CC.N) on Friday reversed course and said it would open its books to suitor Blockbuster Inc (BBI.N) and the movie-rental company's largest shareholder, billionaire invest..
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By MICHELLE CHAPMAN, AP Business Writer 2 hours, 4 minutes ago NEW YORK - Consumer electronics retailer Circuit City Stores said Friday that it will allow Blockbuster to review its books in connection with the video-rental chain's bid to buy the company..
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Mon Apr 21, 1:41 AM ET NEW YORK (Reuters) - Blockbuster Inc (BBI.N) is studying options like using Circuit City's (CC.N) own balance sheet to fund its buyout offer, even as the electronics retailer is asking Blockbuster to prove it can handle an all-cas..
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19 minutes ago ATLANTA (Reuters) - Investor Mark Wattles, who has nominated five people to the board of Circuit City Stores (CC.N), on Monday said billionaire investor Carl Icahn was willing to help fund Blockbuster Inc's (BBI.N) proposed buyout of the..
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By Aarthi Sivaraman and Sue Zeidler 1 hour, 24 minutes ago NEW YORK/LOS ANGELES (Reuters) - Blockbuster Inc (BBI.N) said on Monday it has offered up to $1.3 billion for electronics retailer Circuit City Stores Inc (CC.N), in the movie rental chain's mos..
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By MICHAEL FELBERBAUM, Associated Press Writer 51 minutes ago RICHMOND, Va. - Struggling electronics retailer Circuit City Stores Inc. said Wednesday it swung to a fiscal fourth-quarter profit, as cost cutting offset lower sales for a period that includ..
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14 minutes ago NEW YORK (Reuters) - Circuit City Stores Inc (CC.N) reported a small fourth-quarter profit on Wednesday compared with a loss that Wall Street expected, sending its shares up 7.1 percent in premarket trading.
But the electronics retailer..
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By Leslie Gevirtz 30 minutes ago NEW YORK (Reuters) - The U.S. Court of Appeals for the Second Circuit tossed out an $800 billion lawsuit against big tobacco on Thursday by decertifying a class of smokers who said they were deceived into believing "ligh..
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