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Deutsche Bank Reduces 2011 Estimates On MDCA
Monday, March 21, 2011 - 6:37am | 124Deutsche Bank is reducing its 2011 organic growth estimate on shares of MDC Partners Inc. (NASDAQ: MDCA) “from 9.7% to 8.9% (guidance 7-10%) to account for four months of impact, while our EBITDA is lowered only slightly from an above guidance $114m to $112m (guidance $108-112m) as we believe...
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Deutsche Bank Comments On IPG Anticipated Loss
Monday, March 21, 2011 - 6:19am | 159The trade press (Ad Age & WSJ) reported on Friday that Universal McCann has lost the U.S. & Canadian media account for Microsoft (NASDAQ: MSFT) (up for review since January) to Publicis' Starcom MediaVest, although the agency retains the international duties in 35 countries outside of North...
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Quarterly Changes to the NASDAQ Q-50 Index
Monday, March 14, 2011 - 10:33am | 283The NASDAQ OMX Group, Inc. (Nasdaq: NDAQ) announced today the results of the quarterly re-ranking of the NASDAQ Q-50 Index (Nasdaq:NXTQ), which will become effective prior to market open on Monday, March 21, 2011. The following eight securities will be added to the Index: Charter Communications,...
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Deutsche Bank Lowers Price Target On MDC Partners
Monday, March 14, 2011 - 6:24am | 139In a report published by Deutsche Bank, MDC Partners' (NASDAQ: MDCA) outlook is stronger that 2011 EBITDA/FCF guidance shows. Deutsche Bank said that it reiterates the Buy rating, but is lowering the price target to $21. “Despite an EBITDA miss and soft/conservative guide, we believe on a long-...
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China Mass Media Reports 40.6% Drop In Q4 Net Income
Monday, March 14, 2011 - 5:57am | 63China Mass Media (NYSE: CMM) reported its Q4 EPS at $0.11. CMM's Q4 net income dropped 40.6% y/y to $2.9 million. CMM reported its Q4 revenue at $11.5 million. CMM shares dropped 0.39% to close at $2.55 on Friday. Read more from Benzinga's Company news.
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Obama Administration Takes New Steps to Support Innovation, Empower States
Thursday, March 10, 2011 - 12:53pm | 170Building on President Obama's commitment to ensure states have the power and flexibility to innovate and implement the health care solutions that work best for them, the Departments of Health and Human Services (HHS) and Treasury today proposed new rules outlining the steps states may pursue in...
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Top 4 Small-Cap Stocks In The Marketing Services Industry With The Highest Dividend Yield (NCMI, HHS, SGK, ARB)
Thursday, March 10, 2011 - 2:44am | 130Below are the top small-cap marketing service stocks on the NYSE and the NASDAQ in terms of dividend yield. National CineMedia Inc (NASDAQ: NCMI) has a dividend yield of 4.40%. NCMI's shares closed at $18.21 yesterday. Harte-Hanks Inc (NYSE: HHS) has a dividend yield of 2.60%. HHS' shares closed...
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Arbitron Inc. to Present at the Credit Suisse 13th Annual Global Services Conference
Wednesday, March 9, 2011 - 1:00pm | 45Arbitron Inc. (NYSE: ARB) announced that it will present at the Credit Suisse 13th Annual Global Services Conference, which will take place Sunday, March 13 through Wednesday, March 16, 2011, at the Phoenician Resort in Phoenix, Arizona.
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Focus Media Reports Q4 EPS of $0.41 vs. $0.37
Tuesday, March 8, 2011 - 5:01pm | 83Focus Media Holding Limited (Nasdaq: FMCN) today announced its unaudited financial results for the fourth quarter ended December 31, 2010. Total net revenue for the fourth quarter of 2010 was $159.7 million, Non-GAAP net income attributable to Focus Media per fully diluted ADS was $0.41,...
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NASDAQ Stocks Hitting 52-Week Highs (BSFT, SGRP, BSET, ATRN)
Tuesday, March 8, 2011 - 9:59am | 168BroadSoft Inc (NASDAQ: BSFT) shares rose 25.85% to create a new 52-week high of $43.92. BSFT reported better-than-expected Q4 results and issued upbeat projections. SPAR Group Inc (NASDAQ: SGRP) shares jumped 13.80% to create a new 52-week high of $1.65. SGRP reported nine-fold surge in its 2010...
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J.P Morgan Lowers Its PT On AirMedia Group Following Weak Earnings
Tuesday, March 8, 2011 - 8:44am | 199AirMedia (NASDAQ: AMCN) reported record high 4Q10 revenues of US$70.8Mn slightly above J.P Morgan's forecast of US$69.3Mn and consensus of US$70.0Mn and vs. company guidance of US$69.0Mn to US$71.0Mn. Non-GAAP EPS of US$0.11 is better than J.P Morgan's estimate of US$0.09 but lower than consensus'...
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Piper Jaffray Comments On AirMedia's Solid Results But Disappointing Guidance
Tuesday, March 8, 2011 - 7:53am | 160In a report published by Piper Jaffray, AirMedia Group (NASDAQ: AMCN) saw solid results but disappointing guidance. Piper Jaffray said that AirMedia reported solid 4Q10 net revenue of $68.7M (+55% YoY) versus Piper's estimate of $67.6M and consensus of $67.8M. “Diluted EPS per ADS was $0.10,...
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Piper Jaffray Reiterates Overweight Rating On MDC Partners
Tuesday, March 8, 2011 - 7:49am | 102In a report published by Piper Jaffray expects consistent digital growth and investment in 2011 on MDC Partners (NASDAQ: MDCA). Piper Jaffray said that it reiterates its Overweight rating on MDCA and is raising its price target from $21 to $23 following the company's solid Q4 results and 2011...
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Piper Jaffray Raises PT On MDC Partners To $23
Tuesday, March 8, 2011 - 6:51am | 29Piper Jaffray has raised the price target on MDC Partners (NASDAQ: MDCA) from $21 to $23 and maintains its Overweight rating.
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Earnings Scheduled For March 8 (DMND, SVN, AVAV, BF-B, FMCN, DKS, CKEC, BKCC, CAS, SAM, AHS, CPIX, AREX)
Tuesday, March 8, 2011 - 2:28am | 377Diamond Foods Inc (NASDAQ: DMND) is estimated to report its Q2 EPS at $0.89 on revenue of $265.13 million. 7 Days Group Holdings Limited (NYSE: SVN) is expected to report its Q4 EPS at $0.13 on revenue of $65.83 million. AeroVironment Inc (NASDAQ: AVAV) is projected to post its FQ3 earnings at $...