Clear Channel Outdoor Holdings CFO Brian Coleman and Clear Channel Outdoor Americas CFO David Sailer appeared at last week’s Deutsche Bank Leveraged Finance conference. Some of their comments. A sale of France and Spain is in the works but there are hurdles We have started to get some traction in […]
It’s one of the drawbacks of being a public company. You get sued on ever surprise announcement of bad news. The class action legal firms are circling Clear Channel Outdoor after last week’s surprise announcement of a $26 million SEC fine that shaved 3% off the stock. See release below… […]
Clear Channel Stock increased 14% during the third quarter of 2023 versus a 1.5% decline for the S&P 500. An investor group which includes Artie Moreno, SunChase (e.g William Pope) and Verde (think Ernie Garcia) bought more shares of Clear Channel Outdoor during the quarter. At 9/28/23 their investment […]
Washington D.C., Sept. 28, 2023 — The Securities and Exchange Commission today announced that Clear Channel Outdoor Holdings Inc. agreed to pay more than $26 million to resolve charges that it bribed Chinese government officials to obtain outdoor advertising contracts in violation of the Foreign Corrupt Practices Act (FCPA). The […]
New York, NY – Clear Channel Outdoor (NYSE: CCO), one of the world’s largest Out-of-Home (OOH) media providers, today announced it has partnered with the Westin Las Vegas Hotel & Spa to provide brands with three larger than life out of home (OOH) spectaculars to capture the attention of […]
Los Angeles, CA – Clear Channel Outdoor (CCO) (NYSE: CCO) today announced it has rolled out its exclusive network of Out-of-Home (OOH) Showcase Shelters, a fully-customizable advertising reboot of the traditional transit shelter, in the highly coveted Los Angeles metropolitan area, providing a unique approach for brands to stand out […]
TAMPA, FL, September 14, 2023 – Big Brothers Big Sisters of America (BBBSA), the preeminent one-to-one youth mentoring organization in the United States, has launched a bold new brand campaign “It Takes Little to Be Big,” to challenge the myths and shift perceptions of mentoring and why now, more than […]
Clear Channel Outdoor CEO Scott Wells and CFO Brian Coleman appeared last week at the Cit 2023 Technology Conference. Here are the highlights. Wells says European asset sales won’t reduce leverage We would love for these to be deleveraging transactions but when you have a debt multiple like we do […]
Yesterday Lamar advertising declared a $1.25 quarterly dividend on Class A and B common shares. This equates to a return of 5.46% per annum return on Lamar’s stock price of $91.58. Outfront declared a $0.30 quarterly dividend which equates to a 10.1% return on stock on a stock price of […]
On August 15, 2023, the Arizona Court of Appeals issued an important decision on standing in billboard variance cases. In the case, Arcadia Osborn Neighborhood Association, et al vs Clear Channel Outdoor, Clear Channel was granted by the Phoenix Board of Adjustment five use permits and variances to relocate and convert […]
