Circuit City Stores (CCTYQ)

Add a New Bulls Reason

Company: Circuit City Stores (CCTYQ)
Current price:
Headline: (100 character max)
Analysis:
Cancel
100%
agree
1 votes

  Blockbuster (BB) offers to buy Circuit City at $6/share.

Given the current administration and minimal direct competition, acquisition should face no opposition and currently offers a 50% premium over stock price (as of 4/14/08).

(100 character max) Cancel
0%
agree
0 votes

  Management focuses on core business and cost control

Management has increased focus on core business, and has moved to control costs and increase profitability.

(100 character max) Cancel
0%
agree
0 votes

  Circuit City hopes a change in tactics will spur additional growth

Store remodels and relocations will drive more traffic to stores, while the company's emphasis on multi-channel sales will spur additional growth in online and phone sales.

(100 character max) Cancel
0%
agree
0 votes

  Circuit City focuses on flat panel and digital TV

Circuit City has positioned itself to take advantage of the continued demand for flat panel TVs and the coming transition to digital television. The launch of their firedog service brand increases profit margins, as well as creating positive differentiation from low-cost discount retailers.

(100 character max) Cancel
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki