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Bullish on CMLS ...
CMLS
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+111.71%
in
228 days
Cumulus Media, Inc., a radio broadcasting company, engages in the acquisition, operation, and development of commercial radio stations in mid-size radio markets in the United States. The company, through its investment in Cumulus Media Partners, LLC, also operates radio station clusters serving large-sized markets. As of December 31, 2008, it owned and operated 315 radio stations in 59 mid-sized media markets in the United States; and 32 radio stations in 9 markets, including San Francisco, Dallas, Houston, and Atlanta that were owned by Cumulus Media Partners, LLC. In addition, Cumulus Med...
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From the Blogosphere
Shorts Bet Against SIRI, But for Emmis and Entercom
Sirius (SIRI) reports earnings on Thursday. Wall Street does not know what to expect from this NASDAQ stock, which has had a rollercoaster of a ride this year. The short position is rising, and currently stands at 4.7%. The price has been stable, but trade is thin. However, a number of related stocks - Emmis Communications (EMMS), Entercom Communications (ETM), and Cumulus Media (CMLS) have all been strong price performers in the past few days.
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Morning Movers 8/5: ONT, CMLS, INO, RDN, SCLN, PRAN, NVAX Higher; XRM, CVGI, VCLK, ACAS, SXE, AMRI, GCA Lower
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On2 Technologies, Inc. (NYSE: ONT) <font>54.2% HIGHER;</font> and Google Inc. (NASDAQ: GOOG) entered into a definitive agreement under which Google will acquire On2, a leading developer of video compression technology. Under the terms of the agreement, each outstanding share of On2 common stock will be converted into $0.60 worth of Google class A common stock in a stock-for-stock transaction. The transaction is valued at approximately $106.5 million.Cumulus Media Inc. (NASDAQ: CMLS) <font>43.8% HIGHER;</font> reports Q2 EPS of $0.35, 24 cents better than the analyst estimate of $0.11. Reve...
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Unusual 11 Mid-Day Movers 5/12: RADN, PSS, VQ, JADE Higher; GENC, CMLS, LNG, ANSW Lower
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Radyne Corporation (Nasdaq: RADN) 43.9% HIGHER; signed a definitive merger agreement to be acquired by Comtech Telecommunications Corp (Nasdaq: CMTL) for $11.50 per share in cash. Gencor Industries, Inc. (Nasdaq: GENC) 36.4% LOWER; reports Q2 EPS of $0.15, compared to $1.08 in the same quarter last year. Gencor also announced that Lloyd Miller, a Board member, resigned from the company last week on Friday. Miller was also a large shareholder, owning about 11.5% of the company.Cumulus Media Inc. (NASDAQ: CMLS) 23.4% LOWER; entered into an agreement with the investor group led by Lew Dickey, ...
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Wednesday's 52 Week Low's
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<> WM Washington Mutual Inc 15.79 WLB Westmoreland Coal Co 14.10 WEN Wendy's International ... 26.93 SFE Safeguard Scientifics ... 1.84 SBUX Starbucks Corp 21.69 OHB Orleans Homebuilders Inc 4.59 ODP Office Depot, Inc 14.99 MTB M & T Bk Corp 84.53 MSC Material Sciences Cor ... 7.35 KEY KeyCorp (New) 22.88 JCOM J2 Global Communicati ... 22.23 JBLU Jetblue Awys Corp 6.17 JAS Jo-Ann Stores Inc 14.16 COO The Cooper Companies, Inc 39.49 COBR Cobra Electronics Cor ... 4.41 COA Coachmen Industries, Inc 5.13 CMLS Cumulus Media Inc 7.54 CAL C>...
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Wednesday's 52 Week Low's
<> WM Washington Mutual Inc 15.79 WLB Westmoreland Coal Co 14.10 WEN Wendy's International ... 26.93 SFE Safeguard Scientifics ... 1.84 SBUX Starbucks Corp 21.69 OHB Orleans Homebuilders Inc 4.59 ODP Office Depot, Inc 14.99 MTB M & T Bk Corp 84.53 MSC Material Sciences Cor ... 7.35 KEY KeyCorp (New) 22.88 JCOM J2 Global Communicati ... 22.23 JBLU Jetblue Awys Corp 6.17 JAS Jo-Ann Stores Inc 14.16 COO The Cooper Companies, Inc 39.49 COBR Cobra Electronics Cor ... 4.41 COA Coachmen Industries, Inc 5.13 CMLS Cumulus Media Inc 7.54 CAL C>...
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