Horvers Calls Circuit City Loss 'Absolutely Astonishing': Video
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Horvers Calls Circuit City Loss 'Absolutely Astonishing': Video
Christopher Horvers, an analyst with Bear Stearns & Co., talks with Bloomberg's Betty Liu from New York about Circuit City Stores Inc.'s third-quarter loss reported today and fourth-quarter forecast. The second-largest U.S. consumer-electronics retailer had its biggest drop in more than five years in New York trading after saying it won't make money this quarter, when it typically generates most of its annual profit. Circuit City's third-quarter loss widened to $207.3 million or $1.26 a share. (Source: Bloomberg)
Bloomberg | December 21, 2007
