Market Currents

• Tuesday, December 1, 2009

• 09:26 AM NCR (NCR) expected to announce today it will roll out 200 Blockbuster-branded (BBI) DVD rental machines in NYC drugstores, a move aimed at competitor Redbox (CSTR), which has just three Manhattan boxes. The move highlights the trend toward low-price rentals at the expense of more lucrative revenue streams. Comment!

• Thursday, November 12, 2009

• 16:13 PM Blockbuster (BBI): Q3 EPS of -$0.20 misses by $0.09. Revenue of $910.5M (-21%) vs. $1B. (PR) 2 Comments
• 00:10 AM Notable postmarket earnings: BBI, DIS, JWN Comment!

• Monday, November 9, 2009

• 09:11 AM RadioShack (RSH) +11% premarket on news the iPhone (AAPL) will be coming to its stores later this month. Credit Suisse calls the move a game-changer, while FBR says it expects RSH will be able to execute as well if not better than peers (WMT, BBI) in wireless. 1 Comment

• Tuesday, October 13, 2009

• 09:00 AM Premarket gainers: PIR +13%. SVA +6%. BZ +5%. HEB +4%. BBI +4%. BQI +4%.
  Losers: CIT -18%. ANH -4%. Comment!

• Thursday, September 24, 2009

• 09:00 AM Premarket gainers: RHT +8%. NPG +6%. CVM +5%. BBI +4%. ABK +4%. CCL +4%.
  Losers: NMR -8%. RAD -7%. WR -6%. PPS -6%. ARE -6%. LPX -4%. Comment!

• Thursday, September 17, 2009

• 09:00 AM Premarket gainers: AMR +20%. YMI +19%. BBI +8%. PIR +7%. RZ +5%. DFS +4%. LCC +4%. MGM +4%. CVM +4%.
  Losers: SNV -7%. EXK -6%. AIB -4%. Comment!

• Wednesday, September 16, 2009

• 07:57 AM Facing heavy competition from NetFlix (NFLX) and Redbox (CSTR), Blockbuster (BBI) plans to close up to 40% of its stores over the next two years in a move it says will boost profitability and save $26M in working capital. Comment!

• Wednesday, September 2, 2009

• 09:00 AM Premarket gainers: VG +40%. MDZ +28%. PPHM +20%. BBI +10%. PAY +8%. AIB +4%.
  Losers: RZ -18%. DHT -16%. FNM -16%. BONU -9%. FRE -9%. ALU -9%. HOLX -6%. AIG -6%. PMI -5%. NVAX -5%. STM -4%. TSEM -4%. Comment!

• Friday, August 28, 2009

• 16:50 PM Blockbuster (BBI) will sell 186-store Irish entertainment chain Xtra-vision Limited to Birchhall Investments, part of NCB Group, for up to $45M in cash. (PR) Comment!

• Thursday, August 13, 2009

• 16:13 PM Blockbuster (BBI): Q2 EPS of -$0.19 misses by $0.07. Revenue of $1B (-22%) vs. $1.1B. Shares -18.6% AH. (PR) Comment!
• 00:10 AM Notable earnings after Thursday's close: BBI, DV, JWN Comment!

• Saturday, May 16, 2009

• 08:00 AM How Blockbuster (BBI) is like a horror movie (Dealscape). 1 Comment

• Friday, May 15, 2009

• 09:15 AM Premarket gainers: XOMA +35%. EXEL +24%. WX +14%. HIG +14%. LNC +13%. PL +11%. EEE +11%. FUQI +11%. NVAX +10%. ZLC +10%. YGE +9%. ENTU +8%. CNO +7%. LVS +7%. PRU +6%. PFG +6%. CNB +5%. STEM +5%. DRYS +4%.
  Losers: BBI -25%. GU -18%. FE -14%. IRE -8%. YRCW -9%. FIG -6%. IOC -6%. ANF -5%. VNDA -5%. JCP -4%. Comment!

• Thursday, May 14, 2009

• 16:12 PM Blockbuster (BBI): Q1 EPS of $0.12 misses by $0.03. Revenue of $1.12B (-19.5%) vs. $1.3B. Shares -1.75% AH. (PR) 2 Comments
• 15:10 PM Notable earnings after Thursday's close: A, BBI, CIG, CPWR, DAR, HLYS, JWN Comment!