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Cusick's Corner I do not like what I see -- too many stocks are slicing through mid-term support, 50 SMA, and the sector rotation is very defensive. In full disclosure I am working, not in yet, a neutral/bearish ratio spread in the S&Ps. The Bulls are on watch, neutral positioning that has...

Shares of Focus Media Holding Limited (NASDAQ: FMCN) are higher on the session by 0.28%, trading at $32.18. Overall put volume is now running at 2.20x the daily average, with 33% of all puts traded being purchases on the offer. 7,421 contracts have traded on the session so far. Focus Media...

Cusick's Corner The EU is still bogging down stocks and technically the challenge has been made to the Bulls. At this juncture this does not mean it's a trend change. The overall trend to the upside is intact unless there are some larger headlines (i.e. EU debt or Retail getting hit). The...

Goldman Sachs is maintaining its Buy rating and $43 on Focus Media Holding Ltd. (NASDAQ: FMCN). “AirMedia (NASDAQ: AMCN) discussed on its 1Q results call yesterday materially weaker auto-related advertising due to the Japanese earthquake disrupting supply, which negatively affected 2Q revenue by $...

Morgan Stanley reported earlier today on AirMedia (NASDAQ: AMCN). In the report, Morgan Stanley expressed optimism about the company. Morgan Stanley writes, “We reduce our 2011/2012 full year sales forecast by 12-13%. The company will likely be loss-making until 4Q, as overall seasonality improves...

It's hard to take seriously the claims of an end-of-the-world prognosticator when he's already struck out once. How does the old saying go? Fool me once, shame on you. Fool me twice, shame on me? Nonetheless, Harold Camping, the leader of an independent Christian ministry called Family Radio...

Morgan Stanley has published a research report on AirMedia (NASDAQ: AMCN) after the stock price moved contrary to its expectations. In the report, Morgan Stanley writes "Effective immediately, the Tactical Idea published on AirMedia (AMCN.O) on March 10, 2011 has been discontinued and should no...

AirMedia Group (NASDAQ: AMCN) Reports EPS of $(0.03) vs. $(0.07) Estimate; Revenues $61.4M vs. $58.43M Estimate

Clear Channel Outdoor (NYSE: CCO) Reports EPS of $(0.03) vs. $(0.09) Estimate; Revenues $650M vs. $637.88M Estimate

According to Morgan Stanley, VisionChina Media (NASDAQ: VISN) sales expanded 39% YoY to US$32.5mn, within the company's guidance. Morgan Stanley said that non-GAAP net loss (ex-SBC and impairment charges) was US$10.9mn, in line with its guidance but below the expectation primarily due to a one-off...

Harte-Hanks, Inc. (NYSE: HHS) today announced that it intends to purchase up to one million shares of its common stock during the remainder of 2011, resuming its existing stock repurchase program. The shares will be purchased from time to time at the discretion of management at prevailing market...

Gilford Securities provided color on Lamar Advertising (NASDAQ: LAMR) in a research report published today. Gilford Securities has previously given Lamar Advertising a Hold rating. In the report, Gilford Securities states, "LAMR's Q2E guidance of 3.0% rev. growth vs. 4.2% in Q1A is more the...

Citi has issued a report on the 1Q EPS from Lamar Advertising Company (NASDAQ: LAMR). According to the report, "— Lamar reported revenue of $255 million, up 4.5% versus last year, and in-line with CIRA and Street estimates. Headline diluted EPS of ($0.14) beat our estimate by five cents, and beat...

Time Warner Inc (NYSE: TWX) reported better-than-expected adjusted profit for the first quarter on Wednesday. The company's quarterly profit dropped to $653 million, or $0.59 per share, from $725 million, or $0.62 per share, in the year-ago quarter. The company's adjusted earnings came in at $0.58...

Lamar Advertising Company (Nasdaq: LAMR) announces the Company's operating results for the first quarter ended March 31, 2011. First Quarter Results Lamar reported net revenues of $255.2 million for the first quarter of 2011 versus $244.1 million for the first quarter of 2010, a 4.5% increase....