Circuit City Remains Wired on Upward PathThe stock price of Richmond-based consumer-electronics retailer Circuit City Stores Inc. is...Bhambhani, Dipka
"Our proposal offers Circuit City a significant premium to its existing stock price and creates a game-changing retail concept with a sustainable competitive advantage," said Blockbuster chief executive Jim Keyes. "We believe the combination will result in a compelling consumer proposition that will ...
the New York Stock Exchange warned the company that it was in danger of being delisted because its closing stock price averaged less than $1 over a 30-day trading period. Its second-quarter losses ballooned to nearly $240 million while cash flow dropped to less than $100 ...
Circuit City has also been working with advisers to determine how to substantially improve its operating and financial performance. The company said last week it received a warning from the New York Stock Exchange that its stock price is not high enough for continued listing. In order to regain ...
As a sign of its shifting identity, Wards changed its corporate name to Circuit City Stores, Inc., in 1984. Also in this year, its stock was listed on the New York Stock Exchange for the first time. Although the leadership of the company changed hands--Alan Wurtzel stepped up to the ...
I don't see anything in this article, or the associated news articles which states they's have to take on debt, or that Circuit City stock isn't undervalued... Maybe you know something we don't? In fact, considering that CC's revenue was over 12 billion last year (...
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MFS Technology (S) Pte. Ltd. Established in 1988 and listed on the Singapore Stock Exchange main board, MFS Technology was incorporated in Singapore in 2000 with a change of name to MFS Technology Limited which is a holding company for subsidiary companies in Singapore, Malaysia and China. MFS...