BLOCKBUSTER NOT LOOKING SO GOOD

I neglected to post this story on Friday. BBI took a huge hit after competitor Movie Gallery said their same-store sales were down. BBI’s stock is down another 10 percent this morning to $4.30/share, its 52-week low. CEO John Antioco is admitting times are tough. He told WSJ that the entire video rental business “is in the tank.” Ruh-roh.

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