International Business News - Circuit http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Circuit City Stores Inc. plummeted to historic lows in trading Wednesday after Blockbuster Inc. withdrew its takeover bid, causing investors to question the consumer electronics retailer's future. http://www.ibtimes.com/articles/20080702/circuit-city-shares-fall-as-blockbuster-yanks-bid.htm Wed, 02 Jul 2008 18:55:27 EDT Shares of Blockbuster Inc. and Circuit City Stores Inc. headed in opposite directions at market open Wednesday after the movie rental chain ended its bid to buy the big-box electronics retailer. http://www.ibtimes.com/articles/20080702/out-of-the-gate-blockbuster-jumps-on-buyouts-end.htm Wed, 02 Jul 2008 10:00:56 EDT Blockbuster Inc. said Tuesday it is withdrawing its proposal to buy Circuit City Stores Inc., the big-box electronics retailer whose sales have tumbled this year. http://www.ibtimes.com/articles/20080701/blockbuster-withdraws-plan-to-acquire-circuit-city.htm Tue, 01 Jul 2008 21:34:12 EDT Shares of Jabil Circuit soared after the opening bell Wednesday after the electronics manufacturer said its fiscal third-quarter profit rose sharply and predicted bullish results for the rest of the year. http://www.ibtimes.com/articles/20080625/out-of-the-gate-jabil-jumps-on-earnings-guidance.htm Wed, 25 Jun 2008 11:22:14 EDT 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 announcement of a possible sale within the next month. http://www.ibtimes.com/articles/20080624/circuit-city-defends-turnaround-efforts.htm Tue, 24 Jun 2008 16:25:19 EDT Jabil Circuit Inc. is scheduled to report its third-quarter results after the end of trading Tuesday. Investors are looking to see how the company has grappled with slower demand amid weakness in the broader U.S. economy. http://www.ibtimes.com/articles/20080624/on-the-watch-jabil-circuit-to-report-3q-results.htm Tue, 24 Jun 2008 06:29:00 EDT Circuit City Stores Inc. holds its annual meeting for shareholders on Tuesday, where possible takeover talk of the consumer electronics retailer is likely on the agenda. http://www.ibtimes.com/articles/20080624/ahead-of-the-bell-circuit-city-meeting.htm Tue, 24 Jun 2008 06:17:19 EDT Shares of Circuit City Stores Inc. tumbled more than 21 percent Monday to a 52-week low a day ahead of the consumer electronics retailer's annual shareholders meeting. http://www.ibtimes.com/articles/20080623/circuit-city-shares-off-before-shareholder-meeting.htm Mon, 23 Jun 2008 17:20:18 EDT Shares of Circuit City Stores Inc. dropped nearly 17 percent on Monday, a day before the consumer electronics retailer's annual shareholder meeting. Shares fell 69 cents, or 16.1 percent, to $3.60 in midday trading, after earlier changing hands as low as $3.46. The stock has traded between $3.44 and $16.15 during the past 52 weeks. http://www.ibtimes.com/articles/20080623/circuit-city-falls-ahead-of-shareholder-meeting.htm Mon, 23 Jun 2008 11:53:09 EDT Investors hope to gain some clarity on the future of consumer electronics retailer Circuit City Stores Inc. at its annual shareholder meeting Tuesday. http://www.ibtimes.com/data/articleimgs/77186-earns-circuit-city.jpg http://www.ibtimes.com/articles/20080622/circuit-city-annual-meeting-comes-amid-buyout-talk.htm http://www.ibtimes.com/articles/20080622/circuit-city-annual-meeting-comes-amid-buyout-talk.htm Sun, 22 Jun 2008 17:23:44 EDT Shares of Circuit City Stores Inc. sank on Friday, a day after the company reported a deeper loss in the first quarter and forecast weaker-than-expected results in the second quarter. http://www.ibtimes.com/articles/20080620/circuit-city-shares-fall-after-1q-loss-widens.htm Fri, 20 Jun 2008 12:25:18 EDT Among the earnings stories for Thursday, June 19, from AP Financial News: RICHMOND, Va. (AP)--Circuit City Stores Inc. said Thursday its loss widened in the first quarter because of a more than 11 percent drop in sales at established stores. http://www.ibtimes.com/articles/20080619/earnings-roundup-circuit-city-john-wiley-sons.htm Thu, 19 Jun 2008 17:54:23 EDT Shares of Circuit City Stores Inc. slipped in morning trading Thursday after the electronics retailer said its loss widened in the first quarter, results that an analyst called weak. http://www.ibtimes.com/articles/20080619/out-of-the-gate-circuit-city-stores-shares-dip.htm Thu, 19 Jun 2008 09:58:10 EDT Circuit City Stores Inc. said Thursday its loss widened in the first quarter because of a more than 11 percent drop in sales at established stores. The nation's second largest electronics retailer also said it expects a bigger loss in the second quarter than analysts are expecting and said it is suspending its dividend to keep capital available for its turnaround efforts. http://www.ibtimes.com/data/articleimgs/75372-earns-circuit-city.jpg http://www.ibtimes.com/articles/20080619/circuit-city-1q-loss-widens.htm http://www.ibtimes.com/articles/20080619/circuit-city-1q-loss-widens.htm Thu, 19 Jun 2008 16:50:24 EDT Electronics retailer Circuit City Stores Inc. on Thursday reports its first-quarter results before the market opens. With shoppers cutting back on discretionary purchases, particularly big-ticket items, investors will be watching to see if the retailer can revive its falling sales. http://www.ibtimes.com/articles/20080618/on-the-watch-circuit-city-to-report-results.htm Wed, 18 Jun 2008 17:35:40 EDT Circuit City is expanding its selection of home audio equipment to include Klipsch and Energy brands. The nation's second largest electronics retailer said the products will be available in its nearly 700 stores nationwide and on its Web site. http://www.ibtimes.com/articles/20080618/circuit-city-to-carry-klipsch-speakers.htm Wed, 18 Jun 2008 11:59:51 EDT Circuit City Stores Inc. reports earnings for the fiscal first quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080617/earnings-preview-circuit-city-stores.htm Tue, 17 Jun 2008 15:48:03 EDT Among the stock activity stories for Thursday, June 12, from AP Financial News: NEW YORK (AP)--Shares of Circuit City Stores Inc. ticked higher on Thursday, amid a positive retail sales report and as one analyst said consumer electronics sales are improving. http://www.ibtimes.com/articles/20080612/movers-roundup-circuit-city-tenet-healthcare.htm Thu, 12 Jun 2008 14:57:40 EDT Shares of Circuit City Stores Inc. ticked higher on Thursday, amid a positive retail sales report and as one analyst said consumer electronics sales are improving. http://www.ibtimes.com/articles/20080612/circuit-city-stores-shares-rise.htm Thu, 12 Jun 2008 19:50:15 EDT Circuit City Stores Inc. chief executive, Philip J. Schoonover, received compensation in fiscal 2008 valued by the company at about $2.1 million, far less than the $17.1 million he earned in the prior year. http://www.ibtimes.com/articles/20080530/circuit-city-ceo-receives-2-1m-in-fiscal-2008.htm Fri, 30 May 2008 09:56:18 EDT