Net News search results for: standard and poor
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August 16, 2010
Standard & Poor's Lowers Warner Music's Rating
STANDARD & POOR's has lowered its outlook on WARNER MUSIC GROUP, lowering it's rating to "negative" from "stable," and assigned a BB- rating. S&P cited a continued decline in revenue and profit due to light album releases and … more »
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April 30, 2010
The Apple Vs. Flash War Heats Up
It's all out war between APPLE CEO STEVE JOBS and ADOBE SYSTEMS, the makers of FLASH -- a program used on many radio station websites. JOBS slammed ADOBE YESTERDAY (4/29), as having products that are outdated and poorly designed, reports THE NEW YORK … more »
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April 13, 2010
FCC Commissioners Talk Spectrum, Content Regulation
Broadband was on the minds of the three of the five FCC commissioners who appeared on the "WASHINGTON Face-Off" panel at the NAB SHOW in LAS VEGAS TUESDAY afternoon. Commissioner MICHAEL COPPS said he wants to move forward with taking … more »
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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 »
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March 16, 2010
NPR Puts Bonds On Sale
TODAY is the day that NATIONAL PUBLIC RADIO is putting $160 million in tax-exempt fixed rate bonds on the market. The municipal bonds, which were graded AA- by STANDARD AND POOR'S and Aa3 by MOODY'S INVESTOR SERVICE, are intended to finance … more »
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March 4, 2010
Copps Rips Broadcasters At FCC Public Interest Workshop
At the FCC's THURSDAY workshop on the public interest standard for broadcasters and the new media, Commissioner MICHAEL COPPS ripped broadcasters and regulators for "drop(ping) the ball" on public interest programming, blaming consolidation and … more »
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February 18, 2010
NPR Bonds Get Good Grades
Bonds issued by NATIONAL PUBLIC RADIO have been graded AA- by STANDARD AND POOR'S and Aa3 by MOODY'S INVESTOR SERVICE. The tax-exempt municipal bonds are being issued this SPRING to fund construction of NPR's new headquarters in WASHINGTON. … more »
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December 21, 2009
So Just What Is Corporate Bankruptcy?
What happens when a public company files for protection under the federal bankruptcy laws? Who protects the interests of investors? Do the old securities have any value when, and if, the company is reorganized? The SEC published this information answers … more »
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September 24, 2009
Group Execs Look At State Of Radio At NAB Panel
THURSDAY's NAB RADIO SHOW opened with a breakfast panel of group executives offering their outlook on industry issues from the recession to digital and the battle over performance royalties. GAP BROADCASTING Pres. GEORGE LAUGHLIN said "We're … more »
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August 31, 2009
S&P Lowers Credit Rating On Clear Channel
STANDARD & POOR's Ratings Services TODAY (8/31) lowered its long-term corporate credit rating on CC MEDIA HOLDINGS INC. and its operating subsidiary, CLEAR CHANNEL COMMUNICATIONS INC., to 'SD' from 'CC'. In addition, S&P lowered the issue-level … more »