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Circuit City Files Bankruptcy before Apr 2009?
gorglump ( Score Rank: #225 based on predictions in the last 30 days ) gorglump  |  was scored on 14-Nov-2008 (491 days ago)
Nov 3 - As the lights go out at about 20 percent of Circuit City's stores, the company is hoping that by closing hundreds of stores and cutting thousands of jobs it can survive consumers who are reluctant to spend and vendors less eager to give it credit.

But analysts say the moves announced Monday renewed the specter of bankruptcy hanging over the nation's No. 2 consumer electronics retailer heading into a holiday shopping season that could determine its future.

As the consumer market is far from recovery, will Circuit City file bankruptcy before Apr 2009?

references: http://news.yahoo.com/s/a...
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Add News / Video 1 - 4 of 6 news / videos
0 vote This is Good This is Bad
2008-11-12
A
Circuit City, the electronics retailer, whose red ... (more)
0 vote This is Good This is Bad
2008-11-11
B
Nov. 11 (Bloomberg) -- Circuit City Stores Inc. , ... (more)
0 vote This is Good This is Bad
2008-11-10
C
Nov. 10 (Bloomberg) -- Circuit City Stores Inc. , ... (more)
0 vote This is Good This is Bad
2008-11-10
C
Nov. 10 (Bloomberg) -- Circuit City Stores Inc. fi... (more)
Comments (3)
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  1. Homer Homer 491 days ago
    0 vote This is Good This is Bad
    answered: [ * ] Yes
    (more)
    Agreed wit gorglump
  2. gorglump gorglump 491 days ago
    0 vote This is Good This is Bad
    answered: [ * ] Yes
    (more)
    Circuit City, the electronics retailer, whose red and white signs are a familiar part of shopping malls across America, filed for bankruptcy protection yesterday, admitting it was struggling topersuade suppliers to keep its stores in stock for the holiday season.
  3. gorglump gorglump 491 days ago
    0 vote This is Good This is Bad
    closed this topic
    Circuit City files for bankruptcy protection on Nov 12
  4. black-shoulder black-shoulder 501 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 55% ] No
    (more)
    Does filing for bankruptcy protection qualify for a "yes" answer in this prediction? If so, the chance would be much higher...
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