All Posts Tagged With: "circuit city"
Circuit City Blows A Fuse… But Here’s Why Its Bankruptcy Doesn’t Spell Holiday Doom For Retailers
by Paul Moore, Contributing Editor & Technology Specialist, Smart Profits Report
So China has become the latest country to pump up its laboring economy, with a whopping $585 billion stimulus package.
Whether it works or not… time will tell. But Asian and…
19Nov2008 | Smart Profits Report | 0 comments | ContinuedGlobal Investing Roundups
HP Beats 4Q Forecasts; Carrefour Milks New CEO From Nestle; InBev Officially Closes Anheuser Buy; Home Depot Beats 3Q Estimate; Gulf Bank Loses $1.4 Billion; Mexican Tycoon Interested in Circuit City; Wholesale Prices Plummet
- Hewlett-Packard Co. (HPQ), the world’s largest maker…
Circuit City Files for Bankruptcy After a Year of Falling Sales and Corporate Cutbacks
Circuit City Stores Inc. (CC) has filed for Chapter 11 bankruptcy, a week after the struggling electronics retailer announced it would close 155 of its 566 U.S. stores by Dec. 31 and slash its workforce by 17%.
“The decision to…
11Nov2008 | Money Morning | 0 comments | ContinuedGlobal Investing Roundups
Oil Over $143; GM Falls to 54-year Low; Starbucks Closes 600 Stores; Nikkei Post 10th Straight Loss; United Health Lands in the Emergency Ward; 900 American Flight Attendants on Standby; Blockbuster Abandons Bid; Microsoft at it Again;
Crude futures closed…
3Jul2008 | Money Morning | 0 comments | Continued
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