Shares of Circuit City stocks rose dramatically this morning after it was announced that Blockbuster Inc. has offered to buy out the electronics retailer at about seven dollars per share. Curiously, Blockbuster shares have been down for the last several quarters, leaving many Wall Street analysts scratching their heads, wondering why the company would choose to go after Circuit City at this time.
Blockbuster Goes After Circuit City in Hostile Takeover Bid
Hillary Clinton Continues to Lose Ground to Obama — Despite Recent Attacks
It’s been called the “kitchen sink strategy.” That is the name Hillary Clinton’s team have given to the strategy of “throwing everything but the kitchen sink” at Senator Barack Obama in an attempt to make his candidacy less palatable to the American public.
Newspaper Circulation Continues to Decline — Newspapers Rush Online
The Newspaper Association of America is reporting that the sharpest decline ever in newspaper advertising revenue took place in 2007. Overall ad revenues for newspapers in the United States dropped 9.4% from the previous year, a record low. At the same time, Internet advertising saw a 19% increase in revenue, with the biggest chunk of that going to Google Inc.
Comments