Net News search results for: all access stock index
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June 21, 2012
Mel Karmazin Sells 7.6 Million Sirius XM Shares
An SEC Form 4 filing shows SIRIUS XM RADIO CEO MEL KARMAZIN sold 7.6 million shares of the company at an average price of $1.83 per share for $13.96 million last FRIDAY (6/15). KARMAZIN pocketed $10.70 million. He still owns 8.82 million shares of SIRIUS … more »
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March 12, 2012
Cumulus Reports Fourth Quarter And 2011 Financials
CUMULUS MEDIA has reported financial results for the quarter and year ended DECEMBER 31st, 2011. The company posted a Q4 net loss of $13.14 million or $0.14 per share versus net income of $7.51 million or $0.17 per share last year. Net revenues for the … more »
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March 7, 2012
With Holiday Sales Off For Pandora, Stock Falls
It was an off day for PANDORA on WALL STREET YESTERDAY (3/6), with its stock falling after fiscal first-quarter results that missed analysts’ projections because of a seasonal lull in advertising sales. Sales for the quarter, reports PANDORA, will … more »
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August 9, 2011
It's A Better Day On Wall Street For Radio
Things are better on WALL STREET TODAY (8/9) reports CBS MARKET WATCH, as "Media and entertainment stocks rebounded in step with a rally on U.S. markets. THE DOW JONES U.S. Broadcasting & Entertainment Total Stock Market Index was up 2.2% at … more »
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July 26, 2011
Analysts Are Mixed On Pandora's Stock
With the passing YESTERDAY (7/25) of the period where analysts from MORGAN STANLEY, J.P. MORGAN and CITIGROUP could comment on the PANDORA stock they helped take public, comes mixed word on what investors should do. THE WALL STREET JOURNAL reports, … more »
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July 13, 2011
With Half Of Its Revenues Spent On Royalties, Pandora Looks To Put Off New Music Deal
PANDORA MEDIA took a hit on WALL STREET YESTERDAY (7/12), dropping nearly 4% after the company said it will not renegotiate royalty fees paid to music companies until 2014. At PANDORA's "Analyst Day," the news was released that, "It would … more »
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June 21, 2011
Lyor Cohen Sells $7.13 Million In WMG Stock
WARNER MUSIC GROUP North American Chairman/CEO Recorded Music LYOR COHEN has sold 871,102 shares of WMG for $7.13 million. According to an SEC filing, COHEN sold the shares at $8.19 per share. WMG closed at $8.20 YESTERDAY (6/20), near the 52-week high … more »
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June 15, 2011
Pandora At The Final Bell: $17.42
PANDORA MEDIA finished its first day on WALL STREET at $17.42 a share on volume of 42.1 million shares. After peaking at $26 a share, PANDORA's stock price had settled down under $20 a share at a $3.25 billion valuation, reports a HUFFINGTON POST … more »
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April 25, 2011
SBS Broadcasting Considers Stock Split To Avoid NASDAQ Delisting
In a SCHEDULE 14A filed with the UNITED STATES SECURITIES AND EXCHANGE COMMISSION, SBS BROADCASTING is asking shareholders for, "the authorization of the Board of Directors in its sole discretion to approve an amendment to our certificate of … more »
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February 10, 2011
Moody's May Lower The Rating On Warner Music Group
THE ASSOCIATED PRESS reports MOODY'S INVESTORS SERVICE is "considering lowering its ratings for WARNER MUSIC GROUP after the record label said that its first-quarter revenue tumbled 14%, more sharply than analysts were expecting." (NET NEWS … more »