Tuesday, July 23, 2019

BLOCKBUSTER SHAREHOLDERS MAY SUE COMPANY

August 31, 2010 by · Leave a Comment 

Their shares may already be next to worthless, down to just eight cents apiece at midday today (Tuesday), about a tenth of what they were worth only a year ago, but a group of Blockbuster shareholders said on Monday that it plans to take legal action if the company goes ahead with widely reported plans […]

BLOCKBUSTER FEELING BLUE AGAIN

July 2, 2010 by · Leave a Comment 

Blockbuster said on Thursday that the New York Stock Exchange will delist its shares after shareholders failed to approve a so-called reverse stock split. Under NYSE rules, shares of listed companies must trade for at least $1.00 a share. At midday trading today (Friday) Blockbuster shares were trading at 18 cents, despite positive word from […]

BLOCKBUSTER CHIEF FINDS COMFORT IN BOOK STORE CHAIN’S SUCCESS

April 15, 2010 by · Leave a Comment 

Blockbuster chief Jim Keyes says he’s confident that, despite its travails, his chain can compete effectively with the likes of Netflix and Redbox. In an interview with today’s (Thursday) Los Angeles Times, Keyes remarked that Blockbuster’s role “is changing from the most convenient place to get DVDs to a retail entertainment destination. Here’s an analogy: […]