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Blogs about BBI

Blogs	Description	Date Updated
Blockbuster Closes Stores, Makes Money....Duh!!!!	Blockbuster (BBI) reported net income for the first quarter of 2008 was $45.4 million, or $0.20 per diluted share, an improvement of $94.4 million as compared with a net loss of $49.0 million, or $0.27 per share, for the first quarter of 2007.Total revenues decreased 5.4% to $1.39 billion for the first quarter of 2008 from $1.47 billion for the first quarter of 2007, as a result of fewer company-operated stores. Domestic same-store revenues increased 2.9% as compared to the first quarter of 200...	May 15, 2008
Blockbuster Managing Earnings (BBI)	Blockbuster Inc. (NYSE: BBI) managed to beat earnings expectations this morning. The company posted $0.20 EPS on a 5.4% revenue decrease to $1.39 Billion.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] ...	May 15, 2008
Jim Cramer 's Lightning Round	BullishDiversified Machinery (CKH), Gerdau S.A (GGB), Millicom International Cellular (MICC) and Canadian Natural Resources (CNQ).BearishBlockbuster (BBI), Intuitive Surgical (ISRG), GeoEye (GEOY), Clearwire (CLWR) and Circuit City (CC)....	May 12, 2008
Fast Money Recap	Word On The StreetWORD ON THE STREET VIDEODollar TradeThe dollar is starting to show some strength and the traders discussed some possible trades for the a strong greenback. Adami said one way to play the dollar's strength is to short gold. Seymour said the European Central Bank is turning dovish and the fed funds futures are predicting that the Federal Reserve will cut rates into the year end. He said market players can short the CurrencyShares Japanese Yen Trust (FXY) or the CurrencyShares Eur...	May 12, 2008
The week in preview: Misery loves these companies (WFMI, SIRI, BBI and more)	Filed under: Earnings reports, Apple Inc (AAPL), XM Satellite Radio (XMSR), Sirius Satellite Radio (SIRI), Netflix, Inc. (NFLX), Blockbuster Inc 'A' (BBI), Whole Foods Market (WFMI), Economic data, IndyMac Bancorp (IMB), Zoltek Co (ZOLT), Blackstone Group L.P (BX)The earnings party of last week was full of fun and frolic. For the most part, if you followed my list of recommendations, you would have had your very own "Fiesta de Finance." (See Week in Preview - May 5)The earnings season is still i...	May 11, 2008
Circuit City gets electric for shareholders	Filed under: Blockbuster Inc 'A' (BBI), Circuit City Stores (CC), Goldman Sachs Group (GS)For the past year, Circuit City (NYSE: CC) has done a nice job short-circuiting its shareholders. But lately, there has been hope. In fact, today the company essentially said it's "in play" for a sale. That is, it will allow Blockbuster (NYSE: BBI) - which has expressed buyout interest - to check out the books. Although, it helped that billionaire activist investor, Carl Icahn, has been pushing for a dea...	May 09, 2008
Circuit City Finally Admits it's Failing	Circuit City (CC) CEO Phil "The Shill" Schoonover must be looking at sales numbers for the current quarter. Schoonover has finally decided to open the books for Blockbuster (BBI) and billionaire Carl Icahn. A new letter to Blockbuster that was given to Circuit City from Icahn states that, "subject to him being satisfied with his due diligence review of Circuit City to be conducted concurrently with Blockbuster, Mr. Icahn and/or entities affiliated with him stand ready to purchase Circuit City...	May 09, 2008
Wall Street Rumors - May 9, 2008	Daily Rumors Covering the Global Markets. Subscribe to the Daily Rumors Update Here. Citigroup Looks to Slim Down, Shed Over $400 Billion in Assets Citigroup Inc. (NYSE:C) plans to wind down more than $400 billion in assets over the next two to three years as the financial-services giant moves to slim down under new Chief Executive Vikram Pandit. Clear Channel Profit Falls Short; Sales Rise Clear Channel’s (NYSE:CCU) first-quarter results fell short of Wall Street’s estimates, and th...	May 09, 2008
Battle of the Brands: Netflix vs. Blockbuster	Filed under: Competitive strategy, Netflix, Inc. (NFLX), Blockbuster Inc 'A' (BBI), Battle of the BrandsThis post is part of our Battle of the Brands feature. Let us know which brand you prefer, and check out other Battle of the Brands posts. Way back when, the movie-rental wars were fought between the neighborhood video stores (which had limited availability) and the superchain Blockbuster (NYSE: BBI) (which had limited availability except for the Die Hard series). Then, Netflix (NASDAQ: NFLX...	May 08, 2008
HBK Investments is bullish on Blockbuster/Circuit City combo	Filed under: Blockbuster Inc 'A' (BBI), Circuit City Stores (CC)As an investor, I wouldn't want to get any closer to Blockbuster's (NYSE: BBI) patently stupid effort to buy Circuit City (NYSE: CC) than I have to. But HBK Investments -- which owns 9% of Circuit City, 8% of the class A stock of Blockbuster, and 5% of the company's class B stock -- has filed a 13-D on the matter, attaching a letter urging Circuit City to give Blockbuster access to the material it needs to perform due diligence. HB...	May 03, 2008

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