Oprah has retired, Regis is leaving, the Harry Potter saga is over, and yes, the sign is coming down. Many will be sad to see the iconic Yahoo billboard in San Francisco leave its post at the end of this month.
The San Francisco Egotist reported that talks with Jon Charles, sales manager for Clear Channel Outdoor, confirm the space will be available starting the first of December.
Lamar Advertising (NASDAQ: LAMR), an outdoor advertising company that sells advertising on billboards, buses, shelters, benches, and logo plates was upgraded Tuesday from a “neutral” rating to an “outperform” rating. Equities research analysts at Wedbush provided the new rating in a research note to investors. They gave the stock a $27 price target.
In a separate action, a “hold” rating was placed on Lamar’s stock Tuesday by analysts at Benchmark Co. They cut their EPS estimates and gave an $18.00 price target on the stock. Continue reading »
Despite quarterly net losses, CC Media Holdings Inc., owner of Clear Channel Communications Inc., experienced third quarter revenue growth in several lines of business. Continue reading »