Net News search results for: all access stock index
-
April 21, 2010
Apple Revs Up In Q2; Stock Reaches New High
APPLE continues to be on a roll, surprising WALL STREET as its stock hit new highs YESTERDAY (4/20). The company that became the world's largest music retailer with its iTUNES site, had shares rising almost 6% in late trading after issuing a Q2 profit … more »
-
April 13, 2010
Dow Closes Above 11,000; Radio Fares Well
Weeks of flirtation ended YESTERDAY (4/12) when the DOW JONES INDUSTRIAL AVERAGE finally closed over the 11,000 mark for the first time since SEPTEMBER 2008. NASDAQ advanced 3.82 points to 2,457.87. STANDARD & POOR's 500 index rose 2.11 to close at … more »
-
March 29, 2010
Sirius XM Seeks Extension On NASDAQ Delisting
SIRIUS XM RADIO said FRIDAY (3/26) that it has scheduled a hearing with the NASDAQ STOCK MARKET to gain a reprieve for its stock, currently trading at less than $1, and in danger of delisting (NET NEWS 3/17). NASDAQ notified SIRIUS last FALL that it may … more »
-
March 19, 2010
Court Docs Show Big Bucks In YouTube Deal
In the ongoing lawsuit between YOUTUBE co-founder CHAD HURLEY and VIACOM over copyright infringement, court papers have been released showing just how lucrative new media ownership can be. According to legal documents that were unsealed by a MANHATTAN … more »
-
March 16, 2010
Sirius XM Expected To Request NASDAQ Delisting Extension
SIRIUS XM RADIO is expected to seek more time from NASDAQ to address its stock price, after failing to meet a MONDAY deadline to prop up its shares above $1 and retain its listing, reports REUTERS. SIRIUS XM's stock hase risen by more than 50% this year, … more »
-
March 2, 2010
Sirius XM Stock Slips Under $1 Again
SIRIUS XM SATELLITE RADIO may have reported positive financials recently, but its stock is still problematic. Just last week (NET NEWS 2/25), SIRIUS XM RADIO has announced full-year 2009 results, including pro forma 2009 revenue of $2.53 billion, up 4% … more »
-
February 15, 2010
Moody's Boosts Clear Channel's Rating
CLEAR CHANNEL COMMUNICATIONS has been bumped up by MOODY'S INVESTORS SERVICE, which raised its ratings to CAA2 on the debt-laden company on its expectations that a "full restructuring or bankruptcy filing is no longer imminent," reports THE … more »
-
February 11, 2010
Lew Dickey Forfeits Some Cumulus Shares
An earlier report that CUMULUS Chairman/CEO/Pres. LEW DICKEY had sold 26,650 shares of CUMULUS MEDIA at a price of $2.47/share, for a total value of $65,825, was inaccurate. DICKEY told ALL ACCESS, " It specifically states on the Form 4 that these … more »
-
February 4, 2010
Cumulus Stock -- No Volume Yesterday Sets Off Rumors
What happened with CUMULUS (CMLS) stock? The stock closed at $2.52/share on TUESDAY, and NASDAQ reported zero trading for the stock on WEDNESDAY (2/3). An unusual occurrence? Yes! And, that sent the rumor mill into overtime. CUMULUS Pres./CEO … more »
-
January 20, 2010
Sirius XM Adds Over A Quarter-Million Subscribers
SIRIUS XM reports it added more than 257,000 net subscribers during Q4 -- the most since the third quarter of 2008 -- as it benefited from improvements in car sales. The company will report more than $100 million in free cash flow for the full year, … more »