Advertising

WPP (WPPGY) Reaches Initial Support Level, Watch for 0.63% Additional Downside

WPP (WPPGY) Reaches Initial Support Level, Watch for 0.63% Additional Downside

priceline.com Incorporated (NASDAQ: PCLN) lost 12.70% to $218.03 in the pre-market session. PCLN has reported a sharp y/y increase in its Q1 earnings and revenues. VisionChina Media, Inc (NASDAQ: VISN) tumbled 7.87% to $3.51 in the pre-market session. Analysts at Auriga upgraded VISN from “sell” to...

Analysts at Piper Jaffray upgrade Clear Channel Outdoors (NYSE: CCO) from "underweight" to "neutral." The target price for CCO has been raised from $6 to $12. CCO’s shares moved up 5.40% to close at $10.73 yesterday. More Analyst Ratings here

WPP’s (ADR) (NASDAQ: WPPGY) Chief executive, Sir Martin Sorrell, today said that regulatory authorities should intervene into Google’s (NASDAQ: GOOG) buying of mobile advertising leader AdMob, as this deal reinforces Google’s market power. Reuters has reported that sources familiar with the U.S....

Analysts at Oppenheimer & Co upgrade Lamar Advertising Co (NASDAQ: LAMR) from "underperform" to "perform," while raising their estimates for the company. The target price for LAMR is set to $44. LAMR has posted Q1 results with a decline of 0.7% in revenues, in line with the analysts' estimate...

Benchmark has lowered its price target for Lamar Advertising Company (NASDAQ: LAMR) from $30 to $27. The company reported fourth-quarter revenue of $262 million, down 6% on year-over-year basis. It reported a fourth-quarter loss of $0.22 per share, compared with consensus estimate of a loss of $0....

Analysts at Auriga maintain their "hold" rating on AirMedia Group Inc (NASDAQ: AMCN). The target price for AMCN is set to $6. AMCN reported itsQ1 results largely in-line with the consensus. The company’s guidance for full year 2010 revenue also exceeded Street expectations, driven by strong...

Stocks turn higher after new report shows sales of new homes rise, but Greece debt problem looms A second straight upbeat home sales report is giving stocks a lift. The Commerce Department says Friday that sales of new homes jumped 27 percent in March, a month after hitting record lows. Stocks got...

Analyst Meggan Friedman at William Blair & Company has released an update on Omnicom Group Inc. (NYSE: OMC). On Tuesday, the company reported its first-quarter results. The company reported first-quarter EPS of $0.52, which was ahead of analysts’ and consensus estimate. Revenue of $2.92...

At 12:50 p.m., Dow gained 28.64, or 0.26%, to 11,120.69, while the broader Standard & Poor's 500 index rose 8.51, or 0.71%. The Nasdaq composite index added 17.21, or 0.69%. The industries that are driving the market today are: Advertising Agencies: The top gainer of the day, this industry...

Omnicom Group (NYSE: OMC) has reported a 0.7% decrease in its first-quarter profit. Its operating expenses rose by 6.7%. The advertising giant reported earnings of $163.4 million or 52 cents a share. The firm had reported $164.5 million in earnings a year earlier. However, Omnicom’s (OMC) revenue...

IDEX Corporation (NYSE: IEX) was upgraded by Ladenburg Thalmann from “neutral” to “buy.” IEX’s shared gained 1.64% to $33.58 at 9:21 am EST. IEX’s 52-week trading range is $19.33-$34.67. BWS Financial upgraded Sigma Designs, Inc (NASD: SIGM) from “hold” to “buy.” SIGM’s shares gained 3.14% to $11....