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Anguish Or Amusement: Charlie Sheen (CBS)
Friday, March 11, 2011 - 2:34pm | 852He's a man of many words – many of which don't make any sense. Charlie Sheen, the man who helped make Two and a Half Men the number-one comedy on television, has been the talk of the town. But while his fans, enemies and the general public argue over whether we're simply laughing with him or at...
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How About That Day Of Rage, Huh? (CBS)
Friday, March 11, 2011 - 2:09pm | 101The Saudi "Day of Rage" sure did turn out to be a massive event, didn't it? The Day of rage was supposed to be a huge uprising in Saudi Arabia, but it ultimately fizzled out. So much for the social media hype. I would call it a "Day of Watching The Price Is Right And Calling Out Sick To Work"...
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Wunderlich Reports Josh Sapan Named Chief Mad Man At Cablevision Systems
Friday, March 11, 2011 - 9:10am | 140In a report published by Wunderlich, Cablevision Systems (NYSE: CVC) indicated prior to the close yesterday that the newly christened AMC Networks Inc. (i.e., Rainbow) should be spun off by the end of Q2 with Josh Sapan hardly surprisingly the CEO. Wunderlich said that AMC will include the...
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Cablevision Renames Unit (CVC)
Thursday, March 10, 2011 - 4:29pm | 95There are reports that Cablevision (NYSE: CVC) has renamed its Rainbow Media Unit and called it AMC Networks, as it intends to spin off the collection of properties. The company also announced that Josh Sapan would be its CEO. The unit is composed of cable channels IFC, WE tv, Sundance and AMC,...
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UPDATE: Gilford Securities Raising Price Target On Nexstar Broadcasting (NXST)
Thursday, March 10, 2011 - 4:22pm | 127Gilford Securities is raising its price target on shares of Nexstar Broadcasting (NASDAQ: NXST) to $9 and has a Buy rating on shares. In a note to investors, Gilford writes, "AUTO SURVEY SHOWS AMAZING 83% MAY BUY IN '11: Autobytel, revealed a remarkable amount, 83% of the public may buy an auto in...
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Cablevision Moves Ahead with Rainbow Spin-off
Thursday, March 10, 2011 - 4:03pm | 63Cablevision Systems Corporation (NYSE: CVC) continues to move forward with the spin-off of its Rainbow Media business. The company announced today that longtime Rainbow Media executive Josh Sapan will become president and chief executive officer of the new public company, and that it will be named...
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DIRECTV Holdings LLC Announces Closing of Public Offering of Senior Notes
Thursday, March 10, 2011 - 1:12pm | 90DIRECTV Holdings LLC, an indirect subsidiary of DIRECTV (NASDAQ: DTV), today announced it closed its registered offering of $1,500,000,000 of 3.500% Senior Notes due 2016, $1,500,000,000 of 5.000% Senior Notes due 2021, and $1,000,000,000 of 6.375% Senior Notes due 2041. The Company received net...
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David Dillon Appointed To DIRECTV Board Of Directors
Thursday, March 10, 2011 - 11:43am | 93DIRECTV (NYSE: DTV) announced that David Dillon has joined its Board of Directors, effective today. Mr. Dillon is chairman and chief executive officer of the Kroger Co. and has more than 35 years of experience in the consumer products business. He is a director of Convergys Corporation and serves...
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A Peek Into The Market Before The Trading Starts
Thursday, March 10, 2011 - 8:30am | 408Pre-open moversUS stock futures are lower this morning, after the drop in Asian and European markets, due to worse-than-expected Chinese trade data. Futures on the Dow Jones Industrial Average dropped 47 points to 12,127.00 and futures on the S&P 500 stock index fell 7 points to 1,308.40....
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Citadel Broadcasting Signs Merger Agreement with Cumulus Media
Thursday, March 10, 2011 - 8:21am | 148Citadel Broadcasting Corporation announced today that it has entered into a definitive merger agreement with Cumulus Media Inc. (NASDAQ: CMLS) under which Cumulus will acquire Citadel in a cash-and-stock transaction. Under the terms of the transaction, which has been unanimously approved by the...
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Cumulus Media Inc. To Acquire Citadel Broadcasting Corporation
Thursday, March 10, 2011 - 8:17am | 98Cumulus Media Inc. (NASDAQ: CMLS) today announced it has entered into a definitive merger agreement to purchase Citadel Broadcasting Corporation, under which Cumulus would acquire all of the outstanding common stock and warrants of Citadel at a price of $37.00 per share. This consideration is...
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Stock Picks for Thursday March 10
Wednesday, March 9, 2011 - 6:24pm | 1888( click to enlarge ) Corning Incorporated (NYSE:GLW) tried to break down today but buyers came in to support and the stock closed again above the $22 level. On daily chart we can see a pull back with low volume indicating a consolidation phase after some bullish momentum. The bias is neutral...
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Firefox 4 Release Candidate released
Wednesday, March 9, 2011 - 3:19pm | 240Mozilla earlier today seeded the Release Candidate (RC) build of its Firefox 4 Web browser. The fact that Firefox 4, which has been in testing since July of last year, has reached the RC stage hints that a final version will be released to users relatively soon. Release Candidate builds are...
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Fitch Rates DIRECTV Holdings' Sr. Unsecured Notes 'BBB-'; Outlook Stable
Wednesday, March 9, 2011 - 1:52pm | 51Fitch Ratings has assigned a 'BBB-' rating to DIRECTV Holdings LLC's (NYSE: DTV) 3.5% senior notes due 2016, 5% senior notes due 2021 and 6.375% senior notes due 2041. The notes were co-issued with DIRECTV Financing Co., Inc. DTVH is an indirect wholly owned subsidiary of DIRECTV.
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Comcast Introduces Xfinity Signature Support
Wednesday, March 9, 2011 - 11:04am | 102Comcast Corporation (NASDAQ: CMCSA) today announced the launch of a new 24x7 technical support and equipment protection program for the growing number of home electronics devices – like laptops, home networking equipment, gaming consoles, Wi-Fi enabled smart phones and tablets – people are...