Circuit City Shares Fall on Weak Sales
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Circuit City Stores Inc. CC.N, the  No. 2 U.S. electronics retailer, on Wednesday said it failed to  draw in enough holiday shoppers to hit its December sales  estimates, sending its shares down over 6 percent.
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Circuit City Stores Inc.  said on Thursday it is closing about 70 stores and that Chief Merchandising Officer Douglas Moore has left the company as it responds to increased pressure in the electronics retail market.
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Circuit City Stores Inc. , the No. 2 U.S. electronics retailer, on Wednesday reported a 5.8 percent drop in December sales at stores open at least a year as customer traffic fell below last year's levels.
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Circuit City Stores Inc. CC.N on  Friday posted a narrower quarterly loss from continuing  operations but said its outlook was cautious for the current  quarter, which includes the holiday shopping season.
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Circuit City Stores Inc. (CC.N: Quote, Profile, Research) , the No. 2 US electronics retail chain, on Monday reported lower quarterly sales at stores open at least
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Circuit City Stores Inc. CC.N on  Friday reported a narrower quarterly loss from continuing  operations as sales of higher-margin warranties and improved  distribution helped offset weak merchandise sales.
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Consumer electronics retailer Circuit City Stores Inc. on Friday said its third-quarter loss narrowed on improved efficiency, beating Wall Street estimates.
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Shares of Medtronic Inc.  on Thursday sank 7 percent to their lowest level in more than three months after the medical device maker posted weaker-than-expected growth in one of its key business units, sparking at least three broker downgrades.
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Circuit City Stores Inc. CC.N on  Wednesday said it would close 19 superstores, five regional  offices and a distribution center by the end of the month, a  day after the struggling electronics retailer received a $3.25  billion takeover offer.
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Consumer electronics retailer Circuit  City Stores Inc  reported a wider third-quarter loss on  Friday as sales fell and store changes disrupted business.
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Circuit City Stores Inc. on Tuesday  reported a 2.9 percent gain in quarterly same-store sales, but  its growth lagged estimates due to a calendar shift and reduced  spending through August.
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Circuit City (CC:NYSE - news - research) posted a weak third-quarter sales preview, signaling that its attempts to revitalize its brand in consumer electronics are still being eclipsed by stronger competitors, such as Best Buy (BBY:NYSE - news - research
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Lower customer traffic and disappointing desktop computer sales dragged down all-important December same-store sales at Circuit City Stores Inc. by 5.8 percent, "well below" the chain's expectations, its chief executive said yesterday.
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Consumer electronics retailer Circuit City reported lower-than-expected earnings on Thursday after it cut prices on flat-panel TVs and computers.
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By ZINIE CHEN SAMPSON  RICHMOND, Va. - Electronics retailer Circuit City Stores Inc. said Wednesday it lost $54.6 million in the first fiscal quarter - when it cut jobs to reduce costs and restructured to fend off competition - and withdrew its earnings guidance for 2008.
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NEW YORK  - Circuit City Stores Inc. , the No. 2 U.S. consumer electronics chain, on Tuesday said it had received an unsolicited takeover offer of $17 a share.
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Circuit City Stores Inc.   reported an unexpected quarterly loss on Tuesday as the  consumer electronics retailer could not sell enough flat-panel  televisions to offset falling prices.