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BUSINESS BRIEFS.(TO THE POINT)
RETAIL
Apparel firms rebound on reports
Standard & Poor's Retail Index climbed 1.6% after strong Q3 results at Chico's FAS and an upbeat analyst report lifted a sector that had sunk after disappointing weekend sales. Chico's earned 41 cents a share in Q3, up 52%. It gained 13% to 43.66; Bebe Stores rose 7% to 38.95; Abercrombie & Fitch rose 2% to 46.53; and Jos. A. Bank Clothiers climbed 5% to 27.74.
Blockbuster may lift bid for rival
The movie rental chain said it's willing to pay more than the $11.50-a-share offer it made Nov. 11 to rival Hollywood Entertainment, which has already agreed to a management and private equity buyout deal worth $10.25 a share. A third rival, Movie Gallery, has also made an undisclosed offer for Hollywood. Blockbuster rose 5.5% to 8.93. Hollywood rose 2% to 12.93.
** Dollar General earned 22 cents a share in Q3, down 4% and 3 cents under views. Shares rose 1.5% to 20.02.
** Wendy's rose 7.5% to 38.28, its highest since May '04, after the No. 3 U.S. burger chain forecast a 1%-2% ...
- Ex-Hollywood executives sue Movie Gallery.
- Newspaper article from: ORian (Portland, OR) December 9, 2005 700+ words
...studios. Last month, Movie Gallery reported a net loss...million, or 39 cents a share, for the...million, or 29 cents a share, in the...previous year. Movie Gallery's problems are...fall. However, Movie Gallery shares increased...Wednesday, up 56 cents, to $5.99 ...
- Movie Gallery not a pretty picture.
- Magazine article from: Video Business July 9, 2007 700+ words
...later in the week to a low of 48¢, before settling between 66¢ and 81¢. The stock was downgraded by Standard & Poor's and some analysts. Movie Gallery said it would meet with its lenders July...
- Current Research on Movie Gallery Inc.
- Press release article from: M2 Presswire July 3, 2007 700+ words
...59.3 percent, to 77 cents in premarket activity...analyst Marla Backer said Movie Gallery's financial problems...a price target of 30 cents per share, implying...the uncertainties of Movie Gallery's future." JPMorgan...
- Foes to Movie Gallery's bid emerge.
- Newspaper article from: ORian (Portland, OR) February 17, 2005 700+ words
...his 10 percent stake in Hollywood on the Movie Gallery offer, he said he would not work for...Wednesday, Hollywood shares closed down 21 cents, at $13.89. Shares of Movie Gallery closed up 18 cents, at $21.85. Both trade on the Nasdaq...
- Shareholders alert for Movie Gallery Inc.
- Press release article from: M2 Presswire July 5, 2007 700+ words
...Shareholders alert for Movie Gallery Inc(C)1994-2007 M2...05072007 Shareholders alert for Movie Gallery Inc (NASDAQ:MOVI) Movie...Monday, but closed at 66 cents Tuesday. Arvind Bhatia...campaigns in recent years. Movie Gallery secured a $900 million loan...
- Sales decline erodes Movie Gallery stock. (Movie Gallery Inc.)
- Magazine article from: Video Business Robinson, Lisa July 5, 1996 700+ words
...affecting results was a test in which Movie Gallery extended its rental period from one day to two and raised rates by 25 cents to 75 cents in some markets, analysts...market and the implementation of Movie Gallery's point-of-sale and management...
- Market Commentary on Movie Gallery, Inc.
- Press release article from: M2 Presswire May 11, 2007 700+ words
...information on Movie Gallery, Inc. are invited...credit card needed! Movie Gallery Inc., operator...million, or 47 cents per share, versus...a profit of 53 cents per share. Revenue...in a statement. Movie Gallery said its revenue...
- Gallery files bankruptcy.(Movie Gallery Inc.)
- Magazine article from: Video Business Spielvogel, Cindy October 22, 2007 700+ words
...debt obligations,' Movie Gallery chairman, president...restructuring,' he said. Movie Gallery had received extensions...was around 23¢ after the bankruptcy...invest $50 million in Movie Gallery. Additionally, $325...