Stifel Nicolaus

  1. Madison Square Garden Acquires L.A. Forum

    June 27, 2012 8:51 AM EDT The owners of New York's famed Madison Square Garden on Tuesday added the Los Angeles Lakers' old stomping grounds, the Fabulous Forum, to its stable of entertainment properties in a $23.5 million deal. The Madison Square Garden Co. will ...

  2. Business Matters: Doing More With Less - A Key Theme at NARM 2012

    May 11, 2012 9:03 PM EDT Doing More With Less -- A Key Theme at NARM 2012 -- The theme at NARM's Music Biz 2012 conference was forced austerity. "We're doing more with less," one major label executive said when asked how his company was doing.Outsourci ...

  3. Business Matters: Senate Passes Crowdfunding Bill, Pandora's Vastly Varied Valuation

    March 22, 2012 4:53 PM EDT Senate Passes JOBS Act Aimed At Helping Startups Raise Money Entrepreneurs of all stripes, and certainly some in the media and entertainment field, are likely applauding a bill that helps them raise money. The Jumpstart Our Business Startups (JOBS ...

  4. U.S. Debt Fight Could Bring More Airwaves For Broadband

    July 29, 2011 6:26 AM EDT WASHINGTON (AP) - The debt ceiling battle could produce an unlikely winner: smartphone users. Senate Majority Leader Harry Reid's current plan would direct the Federal Communications Commission to auction off highly valuable radio spectrum to ...

  5. Best Buy Tops Estimates on Strong Mobile Sales

    June 14, 2011 7:01 AM EDT NEW YORK - Best Buy Co Inc (BBY.N) beat quarterly profit and sales estimates as strong demand for mobile phones, calling plans and tablets offset weakness in its TV business, and its shares rose 6 percent. The company, seen as a bellwether in cons ...

  6. Live Nation Loses $432 Million Of Market Cap In Two Days

    July 16, 2010 12:00 AM EDT Erasing about $423 million in market capitalization, Live Nation's stock plunged 21.4% over Thursday and Friday due to a warning of weak ticket sales made on Thursday. After dropping 10.9% on Thursday, Live Nation shares fell another 11.8% on ...

  7. Live Nation Shares Continue Slide On Outlook

    July 16, 2010 12:00 AM EDT Concern about a weak summer concert season sent Live Nation Entertainment Inc. shares down sharply for a second day in a row. THE SPARK: Standard & Poor's analyst Tuna Amobi cut his rating on the company to "Hold" from "Buy ...

  8. Best Buy Taps President/COO Dunn As New CEO

    January 21, 2009 12:00 AM EST Best Buy Co. Inc. laid out a succession plan Wednesday, saying Brian J. Dunn, its president and COO, will take over this summer as chief executive of the nation's largest consumer electronics chain. The 48-year-old, who began working at the c ...

  9. Amazon Claims Record Holiday Orders

    December 29, 2008 12:00 AM EST Online retailer Amazon.com Inc reported its best holiday sales season yet, even as sales and traffic at U.S. store chains were the weakest in decades. Analysts have pointed to Amazon as a rare bright spot in this year's holiday shopping seaso ...

  10. Sirius, XM Merger Approved By DOJ

    March 24, 2008 12:00 AM EDT Sirius Satellite Radio's $5 billion buyout of rival XM Satellite Radio received the Justice Department's green light Monday as government lawyers found that the combined company competes against a broad universe of electronic entertainme ...