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Belo Corp. Names Angela Betasso Vice President/Sales (BLC)
Wednesday, September 8, 2010 - 11:04am | 54Belo Corp. (NYSE: BLC) announced today that Angela Betasso has been named the Company's vice president/Sales. Working closely with local station management, Betasso will be responsible for Belo's collective revenue efforts across its 20 U. S. television stations. She will begin her new role on...
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Zings Of The Day (HPQ, ORCL, SIRI)
Tuesday, September 7, 2010 - 5:16pm | 260Mark Hurd is joining Oracle (NASDAQ: ORCL), and that's sending the stock higher today. It's being dubbed the "Age of Love" for Oracle. Maybe that's just Mark Hurd's nameplate on his office. European banks finished lower today, on concerns the original "stress tests" were not hard enough. In...
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Bears Tuning Into CBS Corp. (CBS)
Tuesday, September 7, 2010 - 3:52pm | 166Shares of CBS Corp. (NYSE: CBS) are lower on the session by 3.22%, currently trading at $14.74. The stock has been moving largely sideways for the past six months with support near $13.50 and resistance near $15.00. Options traders are buying protection on the name today. The October $14.00 put...
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TWC Reaches Agreement with Disney - Analyst Blog
Monday, September 6, 2010 - 11:09am | 622Time Warner Cable Inc (TWC) entered into a new expanded programming deal with Walt Disney Co (DIS) to provide programs from ABC Family, Disney Channel, Disney XD, ESPN, ESPN2, ESPNEWS, ESPNU, ESPN Classic, ESPN Deportes and SOAPnet, as well as a handful of Disney-owned ABC affiliates, including...
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MiFi Enters Comcast Network - Analyst Blog
Friday, September 3, 2010 - 2:36pm | 535Novatel Wireless Inc. (NVTL) recently entered into a Master Purchase Agreement with Comcast Corp. (CMCSA) through which the company will supply MiFi 2200 Intelligent Mobile Hotspots and Ovation MC760 USB modems to Comcast. At present, Comcast is rolling-out its 4G WiMAX-based High-Speed 2go...
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Emmis Communications Extends Preferred Stock Exchange Offer; Adjourns Special Shareholder Meeting
Friday, September 3, 2010 - 9:41am | 174Emmis Communications Corporation (Nasdaq: EMMS) today announced that it is further extending its offer to issue 12% PIK Senior Subordinated Notes due 2017 in exchange for Emmis' 6.25% Series A Cumulative Convertible Preferred Stock at a rate of $30.00 principal amount of New Notes for each $50.00...
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JS Acquisition, Inc. Further Extends Tender Offer to Purchase Class A Common Stock of Emmis Communications
Friday, September 3, 2010 - 9:28am | 151JS Acquisition, Inc. whose equity securities are owned entirely by Mr. Jeffrey H. Smulyan, the Chairman, Chief Executive Officer and President of Emmis Communications Corporation (Nasdaq: EMMS), and JS Acquisition, LLC today announced that it is further extending its offer to purchase all of Emmis...
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Benzinga’s Top Pre-Market NASDAQ Losers (CLDX, MXIM, DISH, MCHP)
Friday, September 3, 2010 - 9:15am | 143Celldex Therapeutics Inc (NASDAQ: CLDX) dipped 30.75% to $3.31in the pre-market session. PFE has ended the deal to co-develop CLDX’s cancer vaccine. Maxim Integrated Products Inc (NASDAQ: MXIM) lost 24.74% to $12.47 in the pre-market session. MXIM had entered into an agreement with the Symmetron...
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Apple's New Pie, Old Recipe - Analyst Blog
Thursday, September 2, 2010 - 2:39pm | 1941Apple Inc. (AAPL) refreshed its iPod line, introducing new features to the iPod Touch, iPod Nano and iPod Shuffle at its event held in San Francisco yesterday. Apple also introduced iTunes 10 with Ping (quite unexpectedly), a social networking feature that enables users to follow, comment and...
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Top Narrow Based Indexes For September 2 (PIR, SOLF, ETM)
Thursday, September 2, 2010 - 12:47pm | 202By 12:34 pm, the Dow Jones Industrial Average was up 7.23 points, or 0.07%, to 10,276.70, while the broader Standard & Poor's 500 index had gained 4.88 points, or 0.45%. The NASDAQ composite index rose 14.07 points, or 0.65%. Some of the narrow based indexes that are supporting the market are...
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Deutsche Bank Out With Potential Additions To S&P 500 (WLT, ASH, BWA, JEF, CXO)
Wednesday, September 1, 2010 - 3:46pm | 429Deutsche Bank is out with its report on company's it speculates could be added to the S&P 500 index. It posts a list of 25 companies, and the newest additions are Walter Energy (NYSE: WLT), Ashland (NYSE: ASH), which both made it to the top 10 of the list. BorgWarner (NYSE: BWA), Jefferies...
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Will Sprint Let T-Mobile In? - Analyst Blog
Wednesday, September 1, 2010 - 1:33pm | 771Sprint Nextel (S) is arguing whether to let its rival operator, T-Mobile USA, to invest in Clearwire Corp. (CLWR). Sprint is well aware that the investment will give lead to cutthroat competition and may even challenge its leading position in the deployment of 4G services. Sprint offers speedy...
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Benzinga’s Top Pre-Market Losers (RINO, LTXC, HST, LBTYA)
Wednesday, September 1, 2010 - 8:47am | 123RINO International Corporation (NASDAQ: RINO) dipped 9.06% to $13.35 in the pre-market session. RINO’s quarterly earnings surged 107.40% y/y. LTX-Credence Corporation (NASDAQ: LTXC) lost 6.51% to $2.01 in the pre-market session. LTXC has posted upbeat Q4 results. Host Hotels & Resorts Inc (NYSE...
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Rocco B. Commisso Withdraws the Offer to Privatize Mediacom Communications (MCCC)
Tuesday, August 31, 2010 - 8:55am | 104Rocco B. Commisso, the founder, Chairman and Chief Executive Officer of Mediacom Communications Corporation (Nasdaq: MCCC), today announced that he has withdrawn his May 31, 2010 non-binding offer to purchase all of the shares of Mediacom not currently owned by him. Mr. Commisso reached this...
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Entercom Communications Chairman Buys 93,900 Shares of ETM
Monday, August 30, 2010 - 4:43pm | 60In a Form 4 filed after the bell today, Entercom Communications Corp. (NYSE: ETM) Chairman of the Board, Joseph Field, reported that he purchased 93,900 shares of ETM on August 26-30th for an average price of $5.29. The transaction totaled $496,862. Mr. Field owns 1,521,532 direct shares and 452,...