Stock market

  1. Twitter Stock Hits All-Time Low As Post-IPO Lock-Up Period Ends

    May 06, 2014 1:40 PM EDT Related Articles Twitter Shares Fall To Lowest Point Since IPO Twitter Revenue, Spending, Users All Up, Stock Down Twitter Buys Data Analytics Partner Gnip Twitter's stock is down to an all-time low after a post-IPO lock-up period preventing ...

  2. Ahead of the Bell: Twitter Stock Gets Downgraded

    January 08, 2014 12:00 PM EST Shares of Twitter fell in premarket trading Wednesday as another analyst cut his rating on the social media company due to its rising stock price. Shares of Twitter surged 53 percent in December as investors disregarded a lukewarm welcome from Wal ...

  3. Live Nation CEO Michael Rapino Sells Almost $12 Million in Stock

    August 14, 2013 5:15 PM EDT Live Nation CEO Michael Rapino recently sold 640,000 shares of his common stock holdings in the company, earning him $11.7 million, according to an Aug. 13 Securities and Exchange Commission filing. The two transactions, made on Friday and Monda ...

  4. Trans World Ent. To Hold 'Modified Dutch Auction'

    June 27, 2013 6:40 PM EDT Trans World Entertainment's board of directors has authorized the company to hold a "modified Dutch auction" tender offer for up to $25 million in value of its common stock. In the offer, which sets a minimum of $4.50 and a maxim ...

  5. Business Matters: Apple Sets iTunes Record But Misses Bigger Expectations

    January 24, 2013 5:14 PM EST Apple set a new iTunes record, but fell short of some analysts' expectations when it released its earnings report Wednesday afternoon. The company had record quarterly revenue of $54.5 billion and record quarterly net profit of $13.1 billion ...

  6. Business Matters: Pandora Seen Building Up Local Ad Sales Teams

    August 13, 2012 12:27 PM EDT The good news is somebody on Wall Street thinks Pandora is building its local ad sales team to generate more revenue. The bad news is somebody on Wall Street thinks the costs of building out its local ad sales teams will hurt Pandora's profit ...

  7. Business Matters: Music and Entertainment Stocks Got Beat Down Friday But Are Faring Well in 2012

    June 01, 2012 6:44 PM EDT Stocks Down Friday, But Doing Well Overall Friday was rough for the U.S. stock market but was especially brutal for music-related stocks. Some declines were triple -- or close to it -- the declines of 2.2% for the Dow and 2.8% for the Nasdaq. Even ...

  8. Facebook Boosts IPO Shares By 25 Percent

    May 16, 2012 9:28 AM EDT NEW YORK (AP) -- Facebook says 25 percent more shares will be sold as investors clamor for shares in the year's hottest stock offering. Facebook said in a regulatory filing Wednesday that about 421 million shares will be sold, up from 337 mil ...

  9. Facebook IPO Aiming For May 17 (Report)

    April 19, 2012 2:30 PM EDT Ever since Facebook announced it would be filing for an IPO Feb. 1, speculation has been widespread as to when the company would officially go public. With reports stating the company was aiming for late May coming as far back as January , TechCru ...

  10. Australian Music Service Guvera to Hire Phil Quantararo Ahead of U.S. IPO

    March 29, 2012 4:14 PM EDT Guvera, the Australian-based music startup whose business model offers members the ability to stream and download music using an ad-supported interface, is making a big U.S. push, and they're hiring a big industry name in order to do it. The ...

  11. Report: Facebook May File For IPO Next Week, Could Raise $10 Billion

    January 27, 2012 4:05 PM EST LOS ANGELES (AP) - Facebook could file regulatory papers as early as Wednesday for its highly anticipated initial public offering of stock, according to a newspaper report. Facebook's expected launch as a publicly traded company is the most h ...

  12. Entertainment Stocks Pop Amid Stronger U.S. Economic Growth

    October 28, 2011 8:12 AM EDT NEW YORK - Big entertainment stocks saw a nice pop Thursday as U.S. stock markets rose following a European debt deal for Greece and news that the U.S. economy grew at its strongest pace in a year during the third quarter. Gross domestic product i ...

  13. Are Netflix's Best Days Behind It?

    September 20, 2011 7:15 AM EDT NEW YORK (AP) - Netflix is trying to boost business by chopping its services into two separate parts. Unfortunately for investors, the company's stock price is what's really been cleaved. The company that once seemed like it could do no ...

  14. Entertainment Conglomerate Stocks Drop Amid Latest Market Decline

    August 19, 2011 8:25 AM EDT NEW YORK - The stocks of U.S. entertainment conglomerates took a big hit again on Thursday trading as U.S. and European markets once again saw a broad selloff amid renewed economic concerns. All major U.S. stock indices were down sharply. The broa ...

  15. Music Stocks End Dismal Week in Negative Territory

    August 05, 2011 5:20 PM EDT U.S. stock markets posted mixed gains Friday after a miserable week. The Dow fell as much as 245 points and finished the day up 61 and posting a 0.54% gain. The technology-heavy Nasdaq dropped 0.94% and the New York Stock Exchange composite fell 1 ...

  16. Sony Shares Hit 52-Week Low Amid Global Market Sell-Off

    August 05, 2011 7:56 AM EDT UPDATED: The stocks of entertainment conglomerates Walt Disney and Time Warner are now down for the year-to-date period, News Corp. closed at the same price as at the end of 2010, while CBS Corp. and Viacom remain ahead of their 2010 closing price ...

  17. Business Matters: What the Stock Market Declines Mean to Music Companies

    August 02, 2011 6:42 PM EDT What the Stock Market Declines Mean to Music Companies -- Concerns about the U.S. debt and hints that the U.S. economy has entered a double-dip recession are dragging down stock markets and impacting music and entertainment companies. New consumer ...

  18. Warner Music Group Shareholders Approve Sale

    July 06, 2011 10:43 AM EDT Warner Music Group shareholders approved the $3.3 billion sale to Len Blavatnik's Access Industries at a special meeting of stockholders on Wednesday. Shareholders will receive $8.25 per share in cash at the closing of the transaction, which ...

  19. Pandora's Stock Retreats To Below IPO Price

    June 16, 2011 8:08 PM EDT Buyer's remorse already may be setting in for some investors in Internet radio station Pandora Media. After intense demand drove up the price for Pandora's initial public offering of stock, the shares plunged by as much as 11 percent dur ...

  20. Pandora Ends First Day of Public Trading Up Just 9%, But Worth More Than Live Nation, Warner Music Group

    June 15, 2011 5:38 PM EDT For a brief moment on the opening day of trading of Pandora's stock, the company had a market value of $4.2 billion - over three times that of Warner Music Group's current $1.28 billion market value. But after the company's shares r ...

  21. Business Matters: Pandora Goes Public During Market Downturn, Not That it Matters

    June 15, 2011 5:10 PM EDT Pandora Goes Public During Market Downturn -- Not That it Matters -- Pandora's successful IPO arrives as the broader stock market has gone through a slump. But the timing isn't necessary bad. A cloudy market shouldn't be a problem f ...

  22. Music Companies: History Shows That a Successful IPO Does Not Guarantee a Good Investment

    June 15, 2011 12:12 PM EDT Today's IPO of Internet radio company Pandora is sure to put even more of a spotlight on digital music. The company raised its IPO price to $16 - it was originally slated to go between $9 and $11 - and it added another 1 million shares to the ...

  23. Pandora Shares Rise 50% In First Minutes of Trading After IPO

    June 15, 2011 10:56 AM EDT Shares of Pandora Media were up as much as 51% on their first morning of trading on the New York Stock Exchange. The successful IPO and subsequent rise in share prices means Pandora has become one of the most valuable music-related companies in th ...

  24. Facebook Looking at IPO in First Quarter: Report

    June 13, 2011 4:00 PM EDT Facebook is preparing to file for an initial public offering as early as October or November that could value the popular social networking site at more than $100 billion, financial news channel CNBC reported on Monday. Goldman Sachs is leading th ...

  25. Business Matters: Pandora Thinks Its IPO Could Net It $33 Million

    June 03, 2011 3:14 PM EDT Pandora Thinks Its IPO Could Net It $33 Million Pandora is hoping its IPO will raise a total of about $141 million. If you've read about the IPO in the news, that's the number being used as the total amount of proceeds the company will r ...

  26. Warner Shares Reach 52-Week High as Acquisition Nears

    May 05, 2011 2:40 PM EDT Shares of Warner Music Group reached a 52-week high on Thursday upon news that Access Industries is nearing a deal to acquire the company. At midday trading on Thursday, shares stood at $7.83. Shares reached their 52-week high of $8.15 earlier in ...

  27. Big Entertainment Stocks Post First-Quarter Gains

    April 01, 2011 7:35 AM EDT The opening quarter of 2011 saw the shares of a range of entertainment conglomerates hit new multiyear highs as double-digit gains for all sector biggies except Sony Corp. outpaced the broad-based S&P 500 stock index. The gains, led again by C ...

  28. The Twitter-Factor: 50 Cent's Stock Drops 36% After Rapper Stops Tweets

    January 13, 2011 12:00 AM EST Shares of H&H Imports, in which 50 Cent has a stake, gained on Monday after the rapper promoted the company via Twitter. But the stock fell Tuesday and Wednesday after 48 hours without tweets from the music star, the New York Post reported. Ov ...

  29. Dimensional Completes Acquisition of The Orchard

    July 29, 2010 12:00 AM EDT Dimensional Associates announced on Thursday the completion of its acquisition of digital distributor The Orchard. The company entered into a merger agreement with Dimensional on March 16. At the time, Dimensional owned 42% of The Orchard's c ...

  30. Entertainment Stocks Jump

    April 07, 2010 12:00 AM EDT Positive employment data released on Friday by the Labor Department helped boost entertainment stocks this week. The Labor Dept. said U.S. employers added 162,000 jobs in March - the biggest gain since December 2007 - and that the unemployment rat ...

  31. Digital Downloads Could 'Overwhelm' HMV

    February 02, 2010 12:00 AM EST The decline of the physical market for books and music caused by digital could hinder U.K. entertainment retailer HMV Group's ability to prosper, a retail think tank has claimed. The KPMG/Synovate's Retail Think Tank expressed a gloomy o ...

  32. Morgan Stanley Raises RadioShack To Overweight

    September 10, 2009 12:00 AM EDT Morgan Stanley upgraded RadioShack Corp to "overweight" for the first time in six years, and said the electronics retailer's moves to revamp business should show results. The company -- which has about 4,450 company-operated stores, ...

  33. NYSE Warns Entravision

    December 17, 2008 12:00 AM EST Entravision Communications, operator of primarily Spanish-language radio and television stations, has received a warning from the New York Stock Exchange that its shares are trading below the average minimum required for listing on the exchange. T ...

  34. SBS Gets Another Shot With NASDAQ

    October 31, 2008 12:00 AM EDT Citing "extraordinary market conditions," Spanish Broadcasting System announced that NASDAQ won't be delisting SBS from its exchange for the time being. SBS, along with other companies, had been warned they would be taken off the NA ...

  35. SBS On Notice By NASDAQ

    August 28, 2008 12:00 AM EDT Hispanic media company Spanish Broadcasting System (SBS) received a written deficiency notice from the NASDAQ Stock Market, where SBS trades, stating it was not in compliance with NASDAQ's minimum bid price. SBS stock has traded at below $1.0 ...

  36. EMI Group Talks Joint Venture With Bandier

    October 30, 2006 12:00 AM EST Equity stake in new venture among Bandier's options. Equity stake in new venture among Bandier's options. News ...

  37. Report: EMI Lines Up BMG Publishing Buy

    June 26, 2006 12:00 AM EDT Stock rises on private equity news. Stock rises on private equity news. News ...

  38. Napster Launches Limited Free Service

    May 01, 2006 12:00 AM EDT Company's shares jumped on news. Company's shares jumped on news. News ...

  39. Warner Prefers To Return Cash Via Dividends

    December 06, 2005 12:00 AM EST Warner Music Group Corp. views an increase in the company's dividend as a preferred way to pay cash back to shareholders as opposed to paying down debt or buying back shares, a senior executive said o Warner Music Group Corp. views an increas ...

  40. Clear Channel To Issue CCE Spinco Dividend

    December 05, 2005 12:00 AM EST Distributed around Dec. 21. Clear Channel Communications will execute its spin-off of CCE Spinco by distributing the CCE shares in a dividend around Dec. 21, pending clearance by U.S. securities regulators. Clear Channel shareholders on December 1 ...

  41. Sanctuary Optimistic As Stock Woes Deepen

    September 21, 2005 12:00 AM EDT Stock in Sanctuary Group continued in its downward trend after the British independent firm today (Sept. 21) reported its third profit warning since June. The company has also openly blamed its expans Stock in Sanctuary Group continued in its down ...

  42. Sanctuary Optimistic As Stock Woes Deepen

    September 21, 2005 12:00 AM EDT Stock in Sanctuary Group continued in its downward trend after the British independent firm today (Sept. 21) reported its third profit warning since June. The company has also openly blamed its expans Stock in Sanctuary Group continued in its down ...

  43. Warner Music's Losses Widen In Q3

    August 04, 2005 12:00 AM EDT Company incurs IPO-related charges, revenues up. Company incurs IPO-related charges, revenues up. News ...

  44. German Court: Investors In EM.TV Can Sue

    July 26, 2005 12:00 AM EDT Shareholders who lost their shirts following the collapse of EM.TV five years ago could get their money back, following a ruling July 19 by Germany's supreme court. COLOGNE, Germany (The Hollywood Reporter) -- Shareholders who lost their shir ...

  45. Warner Gets 'Buy' Rating

    July 07, 2005 12:00 AM EDT Deutsche Bank Securities, an underwriter in the recent Warner Music Group IPO, has issued a buy rating on major label’s stock. In a July 6 research note to investors, analyst Douglas Mitchelson said Deutsche Bank Securities, an underwriter in the ...

  46. Sanctuary Tumbles On Records Warning

    June 17, 2005 12:00 AM EDT Release 'slippage' contributes to 30% stock fall. Release 'slippage' contributes to 30% stock fall. News ...

  47. Sanctuary Tumbles On Records Warning

    June 17, 2005 12:00 AM EDT Stock in Sanctuary Group has taken a massive hit after the independent British music firm today (June 17) issued a profit warning. The company's share price fell 30% to 30p in morning trading on the L Stock in Sanctuary Group has taken a mass ...

  48. Sanctuary Tumbles On Records Warning

    June 17, 2005 12:00 AM EDT Stock in Sanctuary Group has taken a massive hit after the independent British music firm today (June 17) issued a profit warning. The company's share price fell 30% to 30p in morning trading on the L Stock in Sanctuary Group has taken a mass ...

  49. Update: WMG Stock Ends First Day Down 3.5%

    May 11, 2005 12:00 AM EDT Shares in Warner Music Group ended the first day of trading today (May 11) on the New York Stock Exchange down 3.5% at $16.40, following a $554.2 million initial public offering at $17 a share. Shares in Warner Music Group ended the first day of t ...

  50. 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 t Shares in Warner Music Group stumbled out ...

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