CBS Outdoor Americas said it priced its initial public offering at $28 per share, valuing the outdoor advertising company at about $3.36 billion.» Read More
March 28- Shares of CBS Outdoor Americas Inc rose 9 percent in their trading debut, valuing the company carved out of broadcaster CBS Corp at $3.65 billion as it steps up its efforts to grab more advertising dollars for its billboards. The offering, which raised $560 million, reduced CBS Corp's stake in CBS Outdoor to 83 percent.
NEW YORK, March 28- CBS Outdoor Americas' top executive says he plans to convince top advertisers to move more of their dollars toward billboards and other displays as the company splits from media broadcaster CBS on Friday.
CBS Outdoor, part of media conglomerate CBS Corp, expects its offering of 20 million shares to be priced between $26 and $28 each, the company said in a filing with the U.S. Securities and Exchange Commission on Monday.
Pandora's not dead, but, you either need to trade it or own it for another one to three years. TheStreet.com reports.
In a worldwide first, Denver International Airport offers travelers free global phone calls from more than 200 landline phones located throughout the concourses.
The signs will be up through the Nov. 6 election day in the Cleveland and Milwaukee areas and were paid for by an anonymous " Family Foundation," according to a spokesman for Clear Channel Outdoor, which owns the billboards and placed the signs.
--Clear Channel Communications Inc., a subsidiary of CC Media Holdings Inc., has announced plans to issue $2 billion of priority guarantee notes due 2019 in exchange for $2 billion of its bank debt due in 2014 and 2016..
*Some nuclear experts worry about proliferation risks* They say laser enrichment plants smaller, harder to detect* Iran says it "possesses" laser know-how but won't use it By Fredrik Dahl.
*Canaccord Genuity raises Augusta Resource target price to C $5.70. *Canaccord Genuity cuts Cameco target price to C $25 from C $29; rating. *Canaccord Genuity cuts Lipari Energy target price to C $0.80 from.
HELSINKI, Oct 8- Finnish miner Talvivaara. said it should receive a permit to extract uranium in January or February, a few months later than expected and possibly delaying production at its mine in Sotkamo, eastern Finland.
HELSINKI, Oct 8- Finnish miner Talvivaara. will have to wait longer than expected for an environmental permit to extract uranium at its mine in eastern Finland, news agency STT reported on Monday, raising the risk of delays to its production plans.
With a looming election keeping Japan from making a decision on how much, if any, of its nuclear reactor fleet it will keep, and slowing growth in China weighing on the broader resource sector, it will likely be months before uranium prices start moving back toward pre-Fukushima levels.