The bankruptcy is expected to wipe out the value of HHGregg's common stock. Information from the Indianapolis Star was used in this report.
Struggling appliance and electronics retailer hhgregg Inc. announced Thursday that it is planning to close 88 of its weakest stores, including the one in Fredericksburg ... The New York Stock Exchange delisted hhgregg earlier this …
Circuit City is barely a year dead, but hhgregg has stepped into essentially the same business in many of the same stores. Public stock investors have fronted millions. Hundreds of people are being hired to renovate vacant stores and …
On Friday, the New York Stock Exchange delisted HHGregg (it’s current ticker is OTCMKTS: HGGG) for failing to meet minimum listing requirements. USA Today reported that Thursday's announcement was the second round of layoffs in …
The CEO of HHGregg Inc. said Wednesday he still aims to return the company to profitability even as its stock was delisted from the New York Stock Exchange and a report said bankruptcy is imminent. The Indianapolis-based …
Stifel Nicolaus downgraded the company’s stock to “hold” from “buy” and at least six other brokerages cut price targets. Hhgregg shares were down 37 percent at $7.11 in midday trade, after hitting a 40-month low of $7.06 earlier. The stock
ACCEPTANCE NOW fourth quarter revenues of $175.8 million decreased 9.1 percent primarily due to closures of the Company's Conn’s and HHGregg locations as well ... capital expenditures, plus stock-based compensation expense …
hhgregg was founded in 1955 by Henry Harold Gregg and his wife Fansy, according to its website. Regarding hhgregg’s stock, the news release stated, “The company does not anticipate any value will remain from the bankruptcy estate for …
Just days after shoe chain Payless filed for bankruptcy, the U.S. retail sector took another hit over the weekend when HHGregg announced it would be ... rating and $46 price target for Best Buy stock.