Insider Buying of Retail Stock Hits High
Buying of retail stock by insiders has hit an all-time high, foreshadowing a rebound, according to Cambiar Investors LLC, Royce & Associates LLC and Becker Capital Management Inc.
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Buying of retail stock by insiders has hit an all-time high, foreshadowing a rebound, according to Cambiar Investors LLC, Royce & Associates LLC and Becker Capital Management Inc.
The December issue of Prosper magazine will be its last. Prosper Media majority owner Mike Teel says the folding of the regional business and lifestyle magazine comes due to poor revenues.
XM Satellite Radio today announced that it will air 30 college football bowl games in December and January, culminating with the exclusive satellite radio broadcasts of the five 2008 Bowl Championship Series (BCS) games.
Since moving online, travel guides have more fully met the needs of niche readers, reports The International Herald Tribune (via MarketingVOX).
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U.S. automakers will have a difficult year in 2008; as a result, their ad spend will be flat to down.
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NBC announced that the new, critically acclaimed series “quarterlife” from Emmy Award-winning creator-producers Marshall Herskovitz and Edward Zwick (”thirtysomething,” “My So-Called Life,” “Blood Diamond”) will premiere on February 18, from 9 to 10 p.m. ET, as an hour-long drama series.
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Most late night shows are planning to return to the airwaves despite the writers strike that is threatening to drag on well into the New Year.
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Interpublic has consolidated boutique media buying and planning unit Media First International with Initiative North America effective Jan. 1.
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If FCC chairman Kevin Martin pushes the vote on media ownership rules tomorrow as planned, Sen. John Kerry (D-MA) and Democratic presidential candidate Barack Obama (D-IL) plan to ask the Senate Appropriations Committee to cancel any planned funding for the FCC to implement the new rules.
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Federal Express is sponsoring First Night Boston, the largest family friendly, non-alcoholic event on New Year’s Eve, by providing branded jackets for 400 volunteers and 100 staff members.
“Green Monday,” coined by eBay to describe the second Monday in Dec. as the heaviest online spending day of the season, may well live up to that claim: U.S. retail e-commerce on Dec. 10 totaled $881 million (up 33 percent vs. last year) - and a record as the heaviest online spending day ever, comScore said (via MarketingCharts).
This holiday season consumers want two things when they are shopping - a good friend and a good cause - according to (pdf) the American Marketing Association, which said social networking and cause-related marketing are top holiday trends, writes MarketingCharts.
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