KX News: Clear Channel Communications

Clear Channel interested in signing Howard Stern

Mon, 25 Jan 2010 07:25:00 GMT

Eds: APNewsNow. Will be led. Moving on financial and entertainment services. By DEBORAH YAO AP Business Writer Clear Channel Communications is interested in signing radio shock jock Howard Stern. The nation's largest radio station owner, an

Update on the latest in business:

Tue, 28 Apr 2009 20:34:00 GMT

Stocks ended with modest losses Tuesday, amid growing fears about the swine flu outbreak. The news on the health front was contrasted with some better-than-expected economic news. Consumer confidence rose more than expected this month. The Dow

Clear Channel cuts 1,850 jobs, 9 pct of work force

Tue, 20 Jan 2009 10:55:00 GMT

Eds: APNewsNow. By The Associated Press Clear Channel Communications Inc. is laying off 1,850 employees as the nation's largest owner of radio stations grapples with the economic meltdown. The cuts represent about 9 percent of the company's

Clear Channel to take down airport ad at Northwest's request...

Mon, 18 Aug 2008 14:32:00 GMT

Clear Channel Communications says it will take down a political billboard at the Minneapolis-St. Paul International Airport at the request of Northwest Airlines. The billboard was one of two placed by the Union of Concerned Scientists at the Twi

FCC issues fine for KFGO broadcast

Wed, 09 Jul 2008 06:43:00 GMT

The former owner of KGFO radio in Fargo has been fined for broadcasting a voicemail message left by former workers comp director Sandy Blunt. The Federal Communications Commission fined Capstar $12,000 for airing the recording from Blunt to talk

Stocks head higher...Oil prices drop...Consumer spending inches up...

Fri, 28 Mar 2008 03:41:00 GMT

Stocks are rebounding from two straight days of losses. Analysts credit a rise consumer spending last month that met Wall Street's expectations and an increase in income that surpassed them. NEW YORK (AP) Oil futures are lower on word that a

Clear Channel warns deal may not close as banks withhold financing...

Fri, 28 Mar 2008 03:13:00 GMT

The proposed Clear Channel Communications buyout continues to run into heavy traffic. In a regulatory filing today, the radio station operator says the private equity firms may not be able to close the 19.5 billion-dollar deal by Monday's deadli

Reports: Clear Channel deal in jeopardy

Wed, 26 Mar 2008 04:09:00 GMT

A proposed 19.5 billion-dollar buyout of radio station operator Clear Channel Communications is reportedly near collapse. The Wall Street Journal Web site says the private equity firms leading the deal are having trouble nailing down a financing

Clear Channel shares plummet on report buyout may collapse...

Wed, 26 Mar 2008 02:24:00 GMT

The proposed 19.5 billion-dollar buyout of radio station operator Clear Channel Communications is reportedly near collapse. Clear Channel shares plummeted in late trading yesterday following the news. Stock fell 5.5 percent to end regular tradin

Clear ChannelGAP West deal includes 20 Montana radio stations...

Fri, 15 Feb 2008 07:55:00 GMT

Twenty Montana radio stations owned by Clear Channel Communications Inc. have been sold. The buyer is GAP West Broadcasting of Denver. The Montana stations are part of a 57-station, $74 million deal. It includes seven radio stations in Missoula,

FBI turns to electronic billboards to catch fugitives...

Thu, 17 Jan 2008 21:23:00 GMT

The FBI is taking its effort to catch fugitives on the road in the form of electronic billboards. Faces of criminals on the run are being posted on roadside billboards in 20 major cities. It's part of a bigger effort to catch fugitives that

Stocks holding...GM talks continue despite strike...Amazon launches music s...

Tue, 25 Sep 2007 07:25:00 GMT

Stock prices opened lower, but the key averages have turned mixed. Investors have mulled data on consumer confidence and sales of previously-owned homes, both weakening. NEW YORK (AP) Metals and energy prices have eased as weak readings on th

Shareholders OK nearly 20billiondollar buyout

Tue, 25 Sep 2007 04:18:00 GMT

Clear Channel Communications shareholders have approved a buyout worth nearly 20 billion dollars. The radio giant's announcement comes more than ten months after the deal was proposed. The offer had been sweetened several times by a private equi

Clear Channel board accepts raised offer

Fri, 18 May 2007 03:45:00 GMT

The Clear Channel Communications board has accepted a sweetened offer from private equity firms trying to buy the radio and billboard company. The offer at 39 dollars, 20 cents a share is similar to one rejected two weeks ago because it didn't b

Stocks still rising...Clear Channel delays buyout vote...Gas pump prices hi...

Mon, 07 May 2007 07:09:00 GMT

Stocks are continuing a string of rallies that has repeatedly pushed the Dow to record heights. A 27 (b) billion dollar bid by Alcoa for Canadian aluminum rival Alcan has boosted investor spirits. They regard merger and acquisition activity as a bull

Bismarck area radio stations sold

Sat, 05 May 2007 04:06:00 GMT

Six Clear Channel Communications radio stations in the Bismarck area have been sold as part of a package that included about 180 other company stations. Bob Denver market manager of the Clear Channel stations in Bismarck says the sales to Good

Dow on record run

Fri, 20 Apr 2007 02:45:00 GMT

Stock prices are rallying strongly. The Dow Jones Industrial Average is up about 100 points in today's early going, crossing over the 12-thousand-900 level. The Nasdaq Composite Index is ahead 22 points and the Standard-and-Poor's 500 Stock

Clear Channel sells TV group for $1.2B

Fri, 20 Apr 2007 01:55:00 GMT

[[kxtopic:clear-channel-communications:t[Clear Channel Communications]:t]] says it has agreed to sell its television group to a private equity firm for one-point-two (b) billion dollars. The sale, which was expected, comes two days after Clear Ch

Clear Channel says higher bid is accepted SAN ANTONIO (AP) Clear Ch...

Wed, 18 Apr 2007 05:48:00 GMT

Clear Channel Communications says it has agreed to a buyout offer of more than 19-point-three (b) billion dollars. The bid coming from private equity is almost four percent higher than the group's previous offer for the radio station and billboa

Earnings in focus...retail sales report due...Google ad pact......

Sun, 15 Apr 2007 23:33:00 GMT

Futures are pointing to a positive open for Wall Street. In the latest session, the Dow settled at 12-thousand-612, while the Nasdaq composite stands at 24-hundred-91. The pace of corporate earnings reports picks up this week. WASHINGTON (AP)

Tough week for stocks...Bonds gain from shifting investments...Boeing phasi...

Sat, 03 Mar 2007 05:55:00 GMT

Stocks have ended a rough week. The Dow plunged 533 points for the week, its biggest weekly loss in more than four years. And the Nasdaq had its worst weekly performance in two and a-half years, losing 147 points. In the final session the Dow dropped

Stocks lower...Handshake between London and Tokyo...Lowe's upside surprise...

Fri, 23 Feb 2007 04:03:00 GMT

Stock prices have edged lower in the early going. The major averages finished mixed in the latest session, pressured by weakness in the blue chips. LONDON (AP) The London and Tokyo stock exchanges want to develop new products together and sha

WALL STREET Wall Street mixes it up

Thu, 22 Feb 2007 18:12:00 GMT

Stocks closed mixed yesterday (Thursday) with blue-chip issues suffering a second straight loss, while techs inched higher. The Dow Jones industrial average opens from 12-thousand-686 after finishing with a loss of 52 points. The index dropped 4

Head of FBI in Minneapolis says search ongoing for Red Lake boys...

Thu, 08 Feb 2007 13:15:00 GMT

The new head of the Minneapolis F-B-I office says the bureau is still trying to find out what happened to two boys who disappeared from the Red Lake Indian Reservation. Ralph Boelter (BOWL'-ter) took over as special agent in charge of the F-B-I'

Head of FBI in Minneapolis says search ongoing for Red Lake boys...

Thu, 08 Feb 2007 10:04:00 GMT

Stocks meander...Oil loses ground...McDonald's closer to transfatfree...

Mon, 29 Jan 2007 10:39:00 GMT

A rise in bond yields and skittishness ahead of tomorrow's Fed meeting left stocks pretty close to where they started the session. The Dow industrials finished with a gain of three and three-quarters, the Nasdaq composite index was up more than five

Ed Schultz to return to KFGO next month

Fri, 19 Jan 2007 08:12:00 GMT

After a little more than two years, Ed Schultz is returning to Fargo's K-F-G-O radio. The 52-year-old Schultz will return to his "News and Views" talk show, which will air from 8:30 to 10:30 a.m. daily, on the station, starting February First. H

The USO's 'Hope and Freedom Tour 2006' to Bring Cheer to Troops in the Per...

Fri, 01 Dec 2006 03:21:00 GMT

The USO's 'Hope and Freedom Tour 2006' to Bring Cheer to Troops in the Persian Gulf To: National Desk Contact: Reggie Borges of the USO, 703-908-6471 or rborges(At)uso.org ARLINGTON, Va., Dec. 1 /U.S. Newswire/ Sergeant Major of

Stocks rise on inflation, buyout news

Thu, 16 Nov 2006 09:21:00 GMT

Stocks powered their way higher for a fifth straight session today, with the Dow industrials notching their third consecutive record close. The blue chip index finished with a gain of 54 and a-half points at 12-thousand-306 the first close abov

Blue chips rise, tech lackluster

Thu, 16 Nov 2006 04:51:00 GMT

Stock prices are mixed at midday. The Dow Jones industrial average is up 33 at 12-thousand-285. Gainers on the New York Stock Exchange hold a better than eight-to-seven lead over losers. Nasdaq Stock Market breadth is negative. The Nasda

N.C. storm deaths...Sick cruise ship...Economy numbers...

Thu, 16 Nov 2006 04:03:00 GMT

North Carolina authorities now say at least six people, and as many as nine, are dead after tornados hit. Storms in the state have knocked out power for thousands and some schools in Columbus County have been closed. UNDATED (AP) About 150-

Stocks advance...Dell down...Private equity deals

Thu, 16 Nov 2006 03:21:00 GMT

Stock prices have been higher since the opening bell. The Dow has advanced further into record territory. [[kxtopic:washington:t[Washington]:t]] (AP) The Consumer Price Index has now declined one-half of one percent over two straight months. T

Stocks march higher

Thu, 16 Nov 2006 02:51:00 GMT

Stock prices are rising. The Dow Jones Industrial Average is up 35 points in today's early going, building upon yesterday's record close. The Nasdaq Composite Index is ahead four points and the Standard-and-Poor's 500 Stock Index is up near

Radio chain has deal to go private

Thu, 16 Nov 2006 02:51:00 GMT

The nation's largest radio station owner, Clear Channel Communications, announces it has a deal to be sold to a group of private investors. The group led by Thomas H. Lee Partners and Bain Capital Partners is paying nearly 19 (b) billion dollars

INDUSTRY NEWS: Clear Channel to be acquired for about $18.7B...

Thu, 16 Nov 2006 02:33:00 GMT

The nation's biggest radio station owner [[kxtopic:clear-channel-communications:t[Clear Channel Communications]:t]] says it has agreed to be taken private by an investment group, for about 18-point-seven (b) billion dollars. Clear Channel says

Radio chain has deal to go private

Thu, 16 Nov 2006 01:51:00 GMT

The nation's largest radio station owner, [[kxtopic:clear-channel-communications:t[Clear Channel Communications]:t]], announces it has a deal to be sold to a group of private investors. The group led by Thomas H. Lee Partners and Bain Capital Pa

SAN ANTONIO (AP) Radio station giant Clear Channel Communications has a...

Thu, 16 Nov 2006 01:42:00 GMT

Radio station giant Clear Channel Communications has agreed to be purchased by an investment group for 18-point-seven (b) billion dollars. (Copyright 2006 by The Associated Press. All Rights Reserved.) APNP 11-16-06 0737CST

NFL and USO Celebrate 40 Years of Working Together in Support of Troops T...

Tue, 07 Nov 2006 01:51:00 GMT

NFL and USO Celebrate 40 Years of Working Together in Support of Troops To: National Desk Contact: Reggie Borges of USO, 703-908-6471, or rborges(At)uso.org ; or Adina Ellis of NFL, 212-450-2435, or adina.ellis(At)nfl.com

USO Offers Ways to Support the Troops During the Holidays To: National Des...

Mon, 06 Nov 2006 02:42:00 GMT

USO Offers Ways to Support the Troops During the Holidays To: National Desk Contact: Tiane Harrison of USO, 703-908-6433, or tharrison(At)uso.org ARLINGTON, Va., Nov. 6 /U.S. Newswire/ During the upcoming holiday season, the USO i

Clear Channel 3Q profit slides 11 percent

Mon, 30 Oct 2006 04:03:00 GMT

The largest radio station operator in the U-S blames higher expenses and the sale of some profit-generating outlets for an eleven-percent drop in third-quarter earnings. San Antonio-based Clear Channel Communications says it earned 185-point-nin

Clear Channel 3Q profit slides 11 percent

Mon, 30 Oct 2006 02:03:00 GMT

Lower quarterly profit reported SAN ANTONIO (AP) The nation's large...

Mon, 30 Oct 2006 00:51:00 GMT

The nation's largest radio station operator, Clear Channel Communications, says its third-quarter profit fell eleven percent from a year ago. The report comes as the San Antonio-based media company which also sells advertising on billboards and

Maersk Line Becomes Operation USO Care Package Sponsor; Global Logistics C...

Fri, 27 Oct 2006 08:30:00 GMT

Maersk Line Becomes Operation USO Care Package Sponsor; Global Logistics Company Donates $20,000, Ships Care Packages to Iraq To: National Desk Contact: Tiane Harrison of the USO, 703-908-6433 or tharrison(At)uso.org ARLINGTON, Va.,

Fort Hood USO Center ReOpens To: National Desk Contact: Tiane Harrison of...

Thu, 26 Oct 2006 02:21:00 GMT

Fort Hood USO Center Re-Opens To: National Desk Contact: Tiane Harrison of the USO, 703-908-6433 or tharrison(At)uso.org ARLINGTON, Va., Oct. 26 /U.S. Newswire/ The USO is proud to announce the Nov. 1 re-opening of the USO Fort Hoo

Stocks seen firm ... New home sales report due ...Sony's profit plunge...

Wed, 25 Oct 2006 23:39:00 GMT

Stock futures are pointing to a higher open this morning, building upon yesterday's record close for the Dow. The index of 30 stocks stands at 12-thousand-134, while the Nasdaq composite is at 23-hundred-56. WASHINGTON (AP) Economic data on t

Radio station owner posts lower profit SAN ANTONIO (AP) The nation'...

Tue, 08 Aug 2006 01:35:00 GMT

The nation's largest radio station operator reports second quarter earnings that are down from a year ago, and on a per-share basis, just shy of forecasts. At the same time, Clear Channel Communications reports revenues rose on strong results from it

UND athletics renews contract with Clear Channel

Thu, 20 Jul 2006 10:50:00 GMT

The University of North Dakota has renewed a contract with Clear Channel Communications for exclusive radio rights for Fighting Sioux athletic events. Athletic Director Tom Buning says the deal is for two years, with an option year. Financ

Minot Radio Owner Testifies

Thu, 30 Jan 2003 18:00:00 GMT

The head of a major radio company is taking aim at charges that his company engages in anti-competitive behavior. Lowry Mays of Clear Channel Communications told a Senate panel that the competition in the radio industry is ``robust.''