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Calls Purchased on Focus Media (FMCN)
Friday, December 10, 2010 - 11:45am | 164Shares of Focus Media Holding Limited (NASDAQ: FMCN) are lower on the session by 2.48%, currently trading at $22.82. The stock has been moving largely lower over the past two months after trading higher for nearly five months. FMCN is currently trading below the 50-day and above the 200-day moving...
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Morgan Stanley Initiating Coverage On National CineMedia With An Equal-Weight Rating
Friday, December 10, 2010 - 11:04am | 94Morgan Stanley is initiating coverage of National CineMedia, Inc. (NASDAQ: NCMI) at Equal-weight. “NCM's core business of cinema advertising is a small piece of US ad spend and has significant potential as it works to attract dollars away from the much larger TV spend,” Morgan Stanley writes. “...
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Omnicom Announces $2.0B Credit Facility
Friday, December 10, 2010 - 10:11am | 57Omnicom Group Inc. (NYSE: OMC) announced today the extension of its multiyear revolving credit facility to December 2013. Amounts available for borrowings under the facility are set at $2.0 billion. The facility includes a provision to increase the commitment by up to $500 million without...
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Stock Market News For Dec 10, 2010 - Market News
Friday, December 10, 2010 - 9:33am | 948On Thursday, markets registered modest upward movement. The blue chip index was led slightly lower primarily due to a weak forecast from DuPont (NYSE: DD), but the S&P 500 closed at its two year high, while Nasdaq moved to its highest level since December 2007. The major benchmark indices...
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Stock Market News For Dec 10, 2010 - Market News
Friday, December 10, 2010 - 9:10am | 948On Thursday, markets registered modest upward movement. The blue chip index was led slightly lower primarily due to a weak forecast from DuPont (NYSE: DD), but the S&P 500 closed at its two year high, while Nasdaq moved to its highest level since December 2007. The major benchmark indices...
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WPPGY to Acquire Marketing Direct - Analyst Blog
Thursday, December 9, 2010 - 6:33pm | 452To strengthen its foothold in the healthcare sector, advertising titan WPP Group Plc (WPPGY), via KBM Group, has agreed to acquire Marketing Direct Inc, a US-based integrated marketing services company. Completion of the transaction is subject to regulatory and Marketing Direct Inc.'s...
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WPPGY to Acquire Marketing Direct - Analyst Blog
Thursday, December 9, 2010 - 6:07pm | 452To strengthen its foothold in the healthcare sector, advertising titan WPP Group Plc (WPPGY), via KBM Group, has agreed to acquire Marketing Direct Inc, a US-based integrated marketing services company. Completion of the transaction is subject to regulatory and Marketing Direct Inc.'s...
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Zagg (ZAGG) – A Perfect Score and 35% Upside? Why?
Thursday, December 9, 2010 - 12:21pm | 412Zagg (ZAGG) many not be a name that you have heard about or even read much about but you are probably aware of its products. ComScore reports U.S. Online Holiday Spending Surpasses $17.5 Billion for First 35 Days of the November-December Shopping Season, up 12 Percent vs. Last Year. How much of...
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Arbitron Inc. Jumps 13% on J.P. Morgan Upgrade (ARB)
Thursday, December 9, 2010 - 10:23am | 107Shares of Arbitron Inc. (NYSE: ARB) are jumping higher this morning after J.P. Morgan spun the Bull case for the name and upgraded it to Overweight, from Neutral. Shares are currently higher by 13.00%, trading at $35.37. Stock volume is exploding as well; within the first hour of trading, shares...
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Morning Market Movers (XPRT, ARB, LULU, HELE)
Thursday, December 9, 2010 - 10:02am | 116LECG Corporation (NASDAQ: XPRT) shares advanced 23.53% to $1.26 at 10:00 am. XPRT's shares have dipped 62.22% over the past 52 weeks, while the S&P 500 index has gained 12.07% in the same period. Arbitron Inc (NYSE: ARB) shares surged 16.77% to $36.55. ARB projects its 2011 revenue to rise...
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Benzinga's Top Upgrades (FMCN, AWC, GT, WAG)
Thursday, December 9, 2010 - 8:02am | 132Focus Media Holding Limited (NASDAQ: FMCN) was upgraded by Goldman Sachs from "neutral" to "buy." FMCN's shares closed at $22.23 yesterday. Focus Media's PEG ratio is 1.01. RBS upgrade Alumina Ltd (NYSE: AWC) from "hold" to "buy." AWC's shares closed at $8.37 yesterday. Alumina's trailing-twelve-...
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Goldman Sachs Upgrades FMCN To Buy
Thursday, December 9, 2010 - 7:56am | 52Analysts at Goldman Sachs upgrade Focus Media Holding Limited (NASDAQ: FMCN) from "neutral" to "buy." The target price for FMCN has been raised from $23 to $28. FMCN's shares lost 5.84% to close at $22.23 yesterday. More Analyst Ratings here
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Goldman Upgrades Focus Media To Buy
Thursday, December 9, 2010 - 7:30am | 18Goldman Sachs has upgraded Focus Media (NASDAQ: FMCN) to Buy.
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JP Morgan Upgrades Arbitron To Overweight
Thursday, December 9, 2010 - 7:22am | 27JP Morgan has upgraded Arbitron (NYSE: ARB) to Overweight from Neutral and has raised the priec target from $30 to $38.
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Clear Channel Radio Signs Renewal for Arbitron Portable People Meter
Wednesday, December 8, 2010 - 4:32pm | 55Arbitron Inc. (NYSE: ARB) today announced that Clear Channel Radio has signed multi-year, multi-market contracts for Arbitron's Portable People Meter and diary radio ratings services. These agreements extend Clear Channel's access to Arbitron radio ratings and other services in all of Clear...