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Buyers Showing More Conviction 10-05-2010
Tuesday, October 5, 2010 - 5:53pm | 729Cusick's Corner Buyers are showing more conviction today after the Bank of Japan voted today to cut its interest rate and increase liquidity by purchasing bonds and other asset backed securities, further fueling the idea that the US may have plans for Quantitative Easing. Some traders who were...
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J.P. Morgan Raises Price Target On Lamar Advertising (LAMR)
Tuesday, October 5, 2010 - 4:05pm | 139J.P. Morgan Chase & Co. raised the price target on Lamar Advertising Company (NASDAQ: LAMR) to $43 from $38, as it believes the outdoor advertising market is strong. It rates shares at Overweight. In the research note, J.P. Morgan states, "Expect positive outlook from management with its Q3...
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Arbitron and Adelante Media Group Sign a Multi-Year Agreement for Portable People Meter
Tuesday, October 5, 2010 - 2:51pm | 133Arbitron Inc. (NYSE: ARB) today announced that Adelante Media Group LLC, formerly Bustos Media, has signed a multi-year contract for Portable People Meter and Diary radio ratings services across all of its radio markets. "Arbitron is the gold-standard in audience measurement and we are pleased to...
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Interpublic Declares $13.125 Dividend on Series B Preferred Stock
Tuesday, October 5, 2010 - 11:33am | 87The Board of Directors of The Interpublic Group of Companies, Inc. (NYSE: IPG) has declared a dividend of $13.125 per share on its 5¼% Series B Cumulative Convertible Perpetual Preferred Stock. The dividend on the Series B Preferred Stock is payable in cash on October 15, 2010 to holders of record...
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Harris Interactive® Names Pavan Bhalla as CFO
Monday, October 4, 2010 - 3:03pm | 101Harris Interactive (Nasdaq: HPOL) today announced the appointment of Pavan Bhalla as Executive Vice President, Chief Financial Officer, and Treasurer. In his role, he will report to Kimberly Till, President and Chief Executive Officer of Harris Interactive, and will oversee the Company's global...
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Barron's "Catch Up" List
Monday, October 4, 2010 - 7:35am | 599The stock market is still climbing a wall of worry greased with lies, according to Barron's. For anyone owning stocks this may come as comforting, however the staggeringly high number of takeover rumors looming may also provide some caution. According to Barron's "September's Standard & Poor...
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NASDAQ Stocks Hitting 52-Week Highs (FMCN, DLTR, ATSG, MDSO)
Wednesday, September 29, 2010 - 10:22am | 147Focus Media Holding Limited (NASDAQ: FMCN) shares jumped 1.32% to create a new 52-week high of $23.86. FMCN announced its plans to buyback 9.5 million American Depository Shares at $21 per ADS. Dollar Tree Inc (NASDAQ: DLTR) shares gained 0.96% to touch a new 52-week high of $49.62. DLTR's...
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Auriga Raises Estimates For Focus Media
Monday, September 27, 2010 - 7:19am | 140Auriga has published a report for Focus Media Holdings (NASDAQ: FMCN) and writes that: "stock price has been ramping up recently; however, the stock is still deeply undervalued due to both historical reasons and new concerns, such as where the stock can go from here and whether the growth is...
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Wunderman to Acquire Comwerks - Analyst Blog
Tuesday, September 21, 2010 - 1:04pm | 455WPP Group Plc's (WPPGY) wholly-owned operating company Wunderman, the world's largest digital and interactive network, entered into an agreement to acquire a 51% stake in Comwerks Pte Ltd, Singapore's leading full service digital agency specializing in digital media and web 2.0 solutions. ...
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Piper Jaffray's Media & Entertainment Summary
Tuesday, September 21, 2010 - 6:44am | 304Piper Jaffray paid a visit to China to view the filmed entertainment market and walked away with these comments: "The broader filmed entertainment market in China is booming. Incentives to encourage local film production, foreign co-production, film distribution, and exhibition are all underway and...
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Top 4 Stocks In The Advertising Agencies Industry With The Highest ROE (OMC, VCLK, QNST, CMM)
Monday, September 20, 2010 - 4:32am | 148Below are the top advertising agency stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Omnicom Group Inc (NYSE: OMC) is 21.03%. OMC's PEG ratio is 1.40. The trailing-twelve-month return on equity at ValueClick Inc (NASDAQ: VCLK) is 15.86...
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Erica Farber Rejoins Arbitron Inc. Board of Directors
Wednesday, September 15, 2010 - 3:40pm | 97Arbitron Inc. (NYSE: ARB) announced today that the Company's Board of Directors has re-appointed Erica Farber as a Director of Arbitron. Ms. Farber previously served as an Arbitron Director from March 2001 to July 2006. Ms Farber was a member of the Nominating Committee and chaired the Compensation...
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WPP Group's G2 Acquires DPI - Analyst Blog
Tuesday, September 14, 2010 - 1:09pm | 435WPP Group Plc’s (WPPGY) wholly-owned operating company G2 acquired the majority stake in DPI, Greater China's leading integrated shopper-marketing consultancies. G2 specializes in building brands outside traditional advertising. The company is ranked fifth among the top global marketing services...
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VisionChina Media Signs MOU for Strategic Promotional Partnership
Monday, September 13, 2010 - 8:35am | 146VisionChina Media Inc. (Nasdaq: VISN) today signed a memorandum of understanding with China Central Television to create a strategic promotional partnership that enables VisionChina Media to introduce its outdoor mobile TV advertising network to CCTV's sales and client systems and to conduct joint...
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China Mass Media Announced Q2 Results
Monday, September 13, 2010 - 8:01am | 159China Mass Media Corp. (NYSE: CMM) today announced its unaudited financial results for the second quarter ended June 30, 2010. Second Quarter 2010 Highlights(1): -- Total net revenues were RMB56.9 million (US$8.4 million), a decrease of 11.0% from the second quarter of 2009, and an...