[Business Wire] - ATLANTA----Dickey Publishing, Inc. today announced an agreement to acquire the assets of Modern Luxury Media, LLC , the country?s largest city magazine publisher. Modern Luxury publishes 26 titles in 12 major markets including: New York, Los Angeles, Chicago, San Francisco, Dallas, Houston, Atlanta, Washington DC and Miami.
Dickey Publishing, Inc. (?Dickey Publishing?) today announced an agreement to acquire the assets of Modern Luxury Media, LLC (?Modern Luxury?), the country?s largest city magazine publisher. Modern 2010 08 27 18:37
Cumulus Media Inc. (NASDAQ: CMLS) today reported financial results for the three and six months ended June 30, 2010. Lew Dickey, Chairman & CEO stated, ?This was another quarter of solid 2010 07 29 07:30
Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Thursday, July 29th at 11:00AM EDT to review the Company?s second quarter 2010 financial results. The call will be open to the 2010 06 28 16:43
Piqqem released its weekly sentiment for the week ending April 9, 2010, and it shows overall market sentiment converging on the 30 day moving average. This convergence is led by a positive sentiment move in the Russell 2000, while the Dow Jones 30, S&P 500, and Nasdaq 100 remained neutral.
Overall market sentiment is at 7.11 flat from last week.The sentiment trend implies that market confidence is neutral and points to sideways movement in the market, ahead of a very busy earnings season. Let’s now see if sentiment will move above or below the 30 day moving...
Sirius (SIRI) reports earnings on Thursday. Wall Street does not know what to expect from this NASDAQ stock, which has had a rollercoaster of a ride this year.
The short position is rising, and currently stands at 4.7%. The price has been stable, but trade is thin. However, a number of related stocks - Emmis Communications (EMMS), Entercom Communications (ETM), and Cumulus Media (CMLS) have all been strong price performers...
In 2Q09, advertising spending in the U.S. declined in the high teens according to most estimates, with all advertising media, except theater advertising, declining year-over-year. Yes, even Internet advertising declined y/y due to weak branded advertising and less than robust search growth. According to my calculations, Google’s (GOOG) domestic search business actually declined y/y by approximately 1-2%. Therefore, even overall search advertising declined y/y given that Google has a lion share of the domestic search market and exhibits the strongest search fundamentals.
A study by Harris Interactive states that one-third of Americans find TV advertising to be more helpful in making purchase decisions than any other medium. According to the study, 37% favor TV ads, 17% favor newspaper ads, and 14% favor Internet search engine ads, while just 3% favor radio ads in making purchase decisions. Here is where radio gets competitive. In a response to the question, which type of ad do you tend to ignore the most, 46% said Internet banner ads are ignored while just 9% ignore radio ads.
Here is a follow up to the article I wrote on the January Effect in small caps. It found the effect especially pronounced following a terrible year in stocks. The bottom quartile of stocks returned roughly 18% in the January following the worst 10 years for the S&P since 1927, with no down years.
