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HLYW News

Goliath Falls in DVD Wars

Netflix vanquishes Wal-Mart, though Blockbuster looms.

Blockbuster Loss Is $58 Million

Backing out charges, the loss is narrower than feared.

Hollywood Holders OK Buyout

Movie Gallery will acquire the movie rental chain for $13.25 a share.

Icahn to Nominate Blockbuster Slate

The investor says his suggestions for a one-time dividend were rejected.

Icahn Hanging Around Hollywood

The billionaire investor reports an 11% stake in the rental chain.

Breaking News

Micron Stock Tumbles On Grim Chip Sector Outlook After Q3 Earnings Beat

"We saw a significant reduction in near-term industry bit demand, primarily attributable to end demand weakness in consumer markets," said CEO Sanjay Mehrotra.

Tesla Q2 Deliveries In Focus Following Record Quarterly Stock Slump, China Shutdowns

Tesla will publish Q2 deliveries over the coming days following the biggest three-month decline on record for shares of the world's most-valuable carmaker.

Kohl's Stock Plunges As Retailer Scraps Franchise Group Sale Talks

"Given the environment and market volatility, the Board determined that it simply was not prudent to continue pursuing a deal," said chairman Peter Boneparth.

General Motors Stock Halted, Edge Higher After Detailing Q2 Chip Shortage Hit To Inventory

GM said chip shortages and supply chain snarls left nearly 100,000 vehicles unfinished over the second quarter.