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Blockbuster Shareholders Anxious; Company Mum

Blockbuster is keeping investors on the edge of their seats, as the company -- just prior to 6:00 p.m. -- has yet to release its scheduled earnings report.



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investors are eagerly awaiting the company's second-quarter earnings report, but as of 5:30 p.m., management is still mum.

Of course, this lag in reporting is causing anxiety -- and constantly refreshed computer screens -- among the Blockbuster investors who fear a bankruptcy filing is imminent.

Blockbuster is also on deck to repay $42 million in debt on Friday, which it deferred last month to give itself more time to prove to creditors that business trends are turning. This makes the second-quarter report especially significant.

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Blockbuster already canceled its call with analysts, which typically takes place after the earnings release, citing "the sensitive nature" of ongoing recapitalization efforts.

There is no word as to whether or not Blockbuster will go through with reporting earnings tonight, or if any other plans are in the works.

Analysts are calling for a loss of 24 cents a share on revenue of $840.1 million for Blockbuster.

-- Reported by Jeanine Poggi in New York.

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