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CCO

Clear Channel Outdoor

$4.60

0.15 (3.37%)

12:34
10/12/17
10/12
12:34
10/12/17
12:34

Clear Channel Outdoor unit announces 10-year contract with Port of Seattle

Clear Channel Airports, a brand division of Clear Channel Outdoor Americas and a subsidiary of iHeartMedia, announced it has signed a new 10-year agreement with the Port of Seattle to provide a benchmark-setting media program at the Seattle-Tacoma International Airport. CCA has been a display advertising provider for Sea-Tac since 2007 and was awarded the new 10-year contract via a competitive request for proposal process against other outdoor media companies. The new partnership went into effect August 1, 2017 with the new advertising program launching in 2018, the company noted.

CCO Clear Channel Outdoor
$4.60

0.15 (3.37%)

11/03/16
LOOP
11/03/16
UPGRADE
Target $5.5
LOOP
Hold
Clear Channel Outdoor upgraded to Hold from Sell at Loop Capital
Loop Capital analyst David Miller upgraded Clear Channel Outdoor to Hold citing the stock's proximity to his unchanged price target of $5.50. The shares are 16.2% since the analyst initiated coverage on September 12.
03/30/17
LOOP
03/30/17
NO CHANGE
Target $6
LOOP
Hold
Loop Capital says JC Decaux expressing interest in Clear Channel nothing new
After Reuters reported earlier this month on comments from JC Decaux CEO Jean-Francois Decaux expressing interest in acquiring Clear Channel Outdoor's (CCO) U.S. business, analyst David Miller said it sounded to him "like a broken record," noting that the executive has made similar comments on many occasions before. Noting that Clear Channel shares have moved up nearly 10% over the last two weeks, Miller said he is skeptical that iHeart Media (IHRT) would sell Clear Channel Holdings unless all the assets, not just the U.S. ones, were involved and he doesn't see them disposing of it at a discount to its market multiple. He raised his price target on Clear Channel to $6 from $5.50 but keeps a Hold rating on the stock.

TODAY'S FREE FLY STORIES

JPM

JPMorgan

$97.99

0.37 (0.38%)

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VZ

Verizon

$48.65

0.25 (0.52%)

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STLD

Steel Dynamics

$36.44

0.27 (0.75%)

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CE

Celanese

$104.03

-0.24 (-0.23%)

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STLD

Steel Dynamics

$36.44

0.27 (0.75%)

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OPTT

Ocean Power

$2.00

0.56 (38.89%)

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TOSBF

Toshiba, also use TOSYY

$3.02

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$18.20

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PNW

Pinnacle West

$87.34

-0.42 (-0.48%)

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GILD

Gilead

$80.01

-0.23 (-0.29%)

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POT

Potash

$19.24

0.08 (0.42%)

, AGU

Agrium

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VMI

Valmont

$160.85

1.9 (1.20%)

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Earnings
Valmont lowers FY17 adjusted EPS view to $6.90-$7.04 from $7.06, consensus $7.09 »

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NVO

Novo Nordisk

$50.13

0.82 (1.66%)

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CHFS

CHF Solutions

$8.30

-0.69 (-7.68%)

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Breaking Syndicate news story on CHF Solutions »

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VTGN

VistaGen Therapeutics

$1.31

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LLNW

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VMI

Valmont

$160.85

1.9 (1.20%)

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AGEN

Agenus

$4.71

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PEGI

Pattern Energy

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GE

General Electric

$23.12

-0.07 (-0.30%)

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UNB

Union Bankshares

$47.10

-0.8 (-1.67%)

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OIS

Oil States

$23.75

-0.2 (-0.84%)

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Earnings
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AXP

American Express

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OIS

Oil States

$23.75

-0.2 (-0.84%)

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AXP

American Express

$92.08

0.39 (0.43%)

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APRN

Blue Apron

$5.30

-0.08 (-1.49%)

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