Lehman Brothers

  1. Digital Notes: Spotify's Spoof, SourceAudio's Clear Channel Deal and Music Mastermind's Zya Launch

    December 05, 2013 1:56 PM EST Spotify's Artist Site Gets Spoofed It was bound to happen. Two days after Spotify announced its Spotify Artists website, a parody site popped up, called Spotify For Artists .  Spotify on Tuesday launched its hyper-earnest site, designed to ex ...

  2. Best Buy Cuts Forecast As Sales Slump

    November 13, 2008 12:00 AM EST Best Buy Co Inc, the No. 1 U.S. electronics chain, slashed its profit forecast on Wednesday, the latest sign that the deepening economic crisis may bring a bleak holiday season, sending the company's shares down 7 percent. Best Buy's war ...

  3. Yahoo Rejects Microsoft Bid

    February 11, 2008 12:00 AM EST Yahoo Inc on Monday rejected Microsoft Corp's unsolicited $41.6 billion takeover offer as too low, forcing the software maker to either sweeten its bid or adopt a hostile approach to clinch a deal. Analysts say Microsoft will probably raise i ...

  4. EMI Publishing Promotes Corbett, Kelly

    January 22, 2008 12:00 AM EST The latest changes at EMI Group see EMI Music Publishing promote Leo Corbett to COO and Thomas Kelly to CFO. Corbett was executive VP/CFO for the publisher; Kelly was executive VP of finance. Corbett has spent the past year overseeing the implemen ...

  5. Merger Rumor Sparks EMI Stock Rise

    April 24, 2006 12:00 AM EDT Stock in EMI Group lifted in morning trading today (April 24) in the wake of weekend reports which suggested the music major was poised to re-enter merger talks with Warner Music Group. Stock in EMI Group lifted in morning trading today (April 24) ...

  6. Merger Rumor Sparks EMI Stock Rise

    April 24, 2006 12:00 AM EDT Stock in EMI Group lifted in morning trading today (April 24) in the wake of weekend reports which suggested the music major was poised to re-enter merger talks with Warner Music Group. Stock in EMI Group lifted in morning trading today (April 24) ...

  7. Best Buy Profit Soars 85 Percent

    June 15, 2005 12:00 AM EDT First-quarter profits at Best Buy Co. Inc. leaped 85 percent, far ahead of analyst expectations, and the nation's largest consumer electronics retailer raised its guidance for the entire year. First-quarter profits at Best Buy Co. Inc. leaped ...

  8. Warner Music IPO Opens Below Asking Price

    May 11, 2005 12:00 AM EDT Shares in Warner Music Group stumbled out of the gates this morning following the company’s initial public offering of 32.6 million shares at $17 a share. After opening at $16.60 the stock, which is Shares in Warner Music Group stumbled out of the ...

  9. Lehman Upgrades EMI Rating

    March 10, 2005 12:00 AM EST Analysts predict global music growth. Lehman Brothers this week upgraded its valuation on EMI Group, citing anticipated growth in digital sales and improved prospects for the global music market. In a research note issued March 8, Lehman readjuste ...

  10. UMG Posts Major Gains

    March 10, 2005 12:00 AM EST Universal Music Group posted a big financial rebound in 2004, driven by improved album sales and effective cost-management strategies. Universal Music Group posted a big financial rebound in 2004, driven by improved album sales and effective cost- ...

  11. EMI Pub Names Exec VP/CFO

    March 08, 2005 12:00 AM EST EMI Music Publishing has named Leo Corbett as executive VP/CFO. EMI Music Publishing has named Leo Corbett as executive VP/CFO. Corbett, who is based in New York, will oversee the company's global financial and technological operations. He re ...

  12. EMI Pub Names Exec VP/CFO

    February 28, 2005 12:00 AM EST Corbett to handle global finance, tech. EMI Music Publishing has named Leo Corbett as executive VP/CFO. Corbett, who is based in New York, will oversee the company's global financial and technological operations. He reports to worldwide presi ...

  13. Circuit City Same-Store Sales Up

    June 04, 2004 12:00 AM EDT Circuit City Stores Inc., the No. 2 U.S. electronics chain, today (June 4) reported quarterly sales at stores open at least a year rose 6.4% as price cuts offset stiff competition from archrival Best Circuit City Stores Inc., the No. 2 U.S. electr ...