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WALL STREET

Tough times for the Times

The New York Times Company was 335K poorer at the end of Q1, which was less than one cent per share. Operating earings, after adjustments, ...
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Television stocks nose upward

When the day began, you could by one share of each of the television stocks we follow for 75.52 - and with the proper metal-trimming ...
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Citadel, Radio One are a drag

It wasn't a particularly good day on Wall Street for radio, but then again it wasn't all that bad, except that Citadel seemed to hit ...
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SBS sets its date with Wall Street

The execs at Spanish Broadcasting System are no doubt putting their dogs and ponies through their paces in preparation for the company's Q1 results conference ...
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New blood at Young, AP

Television owner/operator Young Broadcasting has announced a new nomination to its board of directors, even as two others announced their retirement. But the real fun ...
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Will retailer short Circuit Blockbuster blockbuster?

Movie renter Blockbuster is trying to acquire challenged consumer electronics retailer Circuit City, but says that CC is dragging its heels on the due diligence ...
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Proxy firm backs Media General dissident

Harbinger Capital Partners is claiming a victory because one of the major proxy vote advisory firms has advised its institutional investor clients not to vote ...
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GE’s Q1 well below expectations

NBC Universal was fine for Q1, with profits up 3%, but most of the rest of General Electric saw double digit declines and the company ...
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Now the other Clear Channel has an upset shareholder

Activist shareholder Arnhold and S. Bleichroeder Advisers LLC along with GoodHope Advisers LLC has sent a letter of protest to the board of directors of ...
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Entravision wants its stock back

Like many public broadcasting companies, Entravision sees its beaten down stock price as a bargain. It’s bought back over 93 million bucks worth in a ...
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Liberty Media boosts DirecTV stake

Liberty Media already owns effective control of DirecTV through the 41% stake it bought from News Corporation, but Liberty is now pushing close to outright ...
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Strong quarter for radio at Liberman

LBI Media, the parent company of Liberman Broadcasting, reported that Q4 net revenues increased 0.5% to 27.7 million, primarily due to higher ad revenue from ...
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Diller wins first round with Malone

The Delaware Chancery Court has handed Barry Diller a big victory, ruling that he can go ahead with his plan to split IAC/InterActive Corp. into ...
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Cash flow up at Ion

Ion Media Networks no longer has public stock, but it does have public bonds so it is still making public reports on its finances. Broadcast ...
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Picking the carcass

Now that the Clear Channel buyout has collapsed, what is the company worth going forward? Wall Street analysts are saying the trading price is likely ...
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