Mr. Icahn, a Blockbuster director whose companies own about 16% of Blockbuster's Class A shares, has agreed to backstop Blockbuster's rights offering if it cannot obtain the financing elsewhere, according to Circuit City investor Mark Wattles. 
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BASRA, IRAQ - OCTOBER 18: People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve.
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Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008.
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A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean.
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BANGKOK, THAILAND - AUGUST 30: A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej.
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European Union foreign policy chief Javier Solana, right, welcomes Israel's Foreign Affairs Minister Tzipi Livni, left, prior to their meeting at the EU Council building in Brussels, Tuesday Dec. 2 , 2008. The meeting will provide an opportunity to discuss the prospects and the latest developments in the Middle East Peace Process and EU-Israel relations.
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Sampdoria Genoa's coach Walter Mazzarri speaks during a news conference on the eve of their UEFA Cup soccer match against Standard Liege in Liege December 2, 2008.
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Two visitors stand next to vines which are displayed in glasses, at the Vinitech wine professional fair in Bordeaux, southwestern France, on December 2, 2008. More than 40 000 persons are expected at the fair which presents new equipment for winemaking process and takes place until next December 4.
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Actor Viggo Mortensen gestures during a news conference to promote his latest film "Alatriste" in Tokyo on December 1, 2008. The film will be on the screens on December 13. Alatriste, played in the film by 47 year old US actor, is a unscrupulous 17th century adventurer in the movie, set in Spain's "golden age" under King Philip IV which coincided with the emergence of artistic giants such as Velasquez and the development of the "New World."
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Chelsea Clinton (L) and former US President Bill Clinton watch as US Democratic presidential candidate Senator Hillary Clinton (D-NY) speaks at the National Building Museum in Washington June 7, 2008. Clinton endorsed presumptive Democratic presidential nominee Senator Barack Obama (D-IL) to be the Democratic U.S. presidential candidate on Saturday and suspended her own White House bid less than a week after the Illinois senator secured enough support to win the nomination. Clinton's endorsement of Obama in a speech at the National Building Museum marked the beginning of efforts to reunite the Democratic Party after a long and divisive campaign battle that ended on Tuesday when Obama won the support of enough delegates to clinch the nomination.
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A tear runs down the face of U.S. Democratic presidential nominee Senator Barack Obama (D-IL) as he speaks about his grandmother who died earlier on Monday, during a campaign rally in Charlotte, North Carolina, November 3, 2008. On the eve of Tuesday's U.S. presidential election, Obama's grandmother Madelyn Dunham died after a battle with cancer.
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U.S. Democratic presidential candidates Senator Barack Obama (D-IL) and Senator Hillary Clinton (D-NY) (R) share a hug at the conclusion of the CNN/Los Angeles Times Democratic presidential debate in Hollywood, California January 31, 2008.
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Topics from articles that mention "Mark Wattles"
Articles sorted by relevance containing "Mark Wattles"
...to enhance shareholder value; Opens books to Blockbuster. June 2008: Circuit City reaches agreement with shareholder Wattles Capital Management to nominate three directors, including James A. Marcum to its board to defuse proxy battle. Sept. 22, 2008: Philip...
...of approximately $80 million from the federal government. That's a paltry sum for a struggling company. Activist investor Mark Wattles, who controls a 6.5% stake in the company and was all for selling Circuit City to Blockbuster Inc., must be shaking his head....
...with Director James Marcum, who led two other retailers through bankruptcies. Mr. Marcum, an associate of activist investor Mark Wattles, was named interim CEO. On Sept. 29, Circuit City reported a loss of US$239.2-million that was more than triple from a...
...with an 8.7 percent stake in court filings. Its next largest shareholders were listed as First Pacific Advisors and Mark Wattles with 7.4 percent and 6.5 percent respectively. Salinas' fortune comes from television, retail and cellular businesses. He controls...
...with an 8.7 per cent stake in court filings. Its next largest shareholders were listed as First Pacific Advisors and Mark Wattles with 7.4 per cent and 6.5 per cent respectively. Salinas' fortune comes from television, retail and cellular businesses. He controls...
...customer service and employee morale. Circuit City has struggled to recover ever since. Earlier this year, activist investor Mark Wattles sparked a proxy battle when he called for the removal of then-chief executive Philip J. Schoonover and the sale of the...
...Clark and Rosa Parks is closed. MDOT is doing bridge repairs on I-75 near the Ohio border. Expect lane closures during the day. Wattles Road over I-75 is closed. Traffic will be routed to Long Lake Road or Big Beaver, depending on direction. The SB I-75...
...customer service and employee morale. Circuit City has struggled to recover ever since. Earlier this year, activist investor Mark Wattles sparked a proxy battle when he called for the removal of then-chief executive Philip J. Schoonover and the sale of the...
Quotes spotlight for "Mark Wattles"
Since late September, unprecedented events have occurred in the financial and consumer markets causing macroeconomic trends to worsen sharply
was said
in MarketWatch
The weakened environment has resulted in a slowdown of consumer spending, further impacting our business as well as the business of our vendors. The combination of these trends has strained severely our working capital and liquidity.
was said
in MarketWatch
