Workflow
Clear Channel Outdoor(CCO)
icon
Search documents
Citi Raises PT on Clear Channel Outdoor (CCO) to $2.10, Keeps Neutral Rating
Yahoo Finance· 2025-10-31 09:42
Clear Channel Outdoor Holdings Inc. (NYSE:CCO) is one of the best stocks under $3 to invest in. On October 29, Citi raised the price target on Clear Channel Outdoor to $2.10 from $1.35, while maintaining a Neutral rating on the shares. Earlier on October 21, Barrington analyst Patrick Sholl maintained a neutral stance on CCO stock, giving a Hold rating. Citi Raises PT on Clear Channel Outdoor (CCO) to $2.10, Keeps Neutral Rating Additionally, on October 20, TD Cowen analyst Lance Vitanza raised the firm ...
Stock news for investors: RBI earnings rise as Tim Hortons and international growth boost results
MoneySense· 2025-10-31 05:50
Under the transaction, Northern Superior’s shareholders will receive 0.0991 of an Iamgold share and 19 cents in cash for each common share of Northern Superior. The offer implies a total value of $2.05 per Northern Superior share, based on the closing price of the Iamgold shares on the Toronto Stock Exchange on Oct. 17. The transaction will also include a concurrent distribution to Northern Superior’s shareholders of all the shares in ONGold Resources Ltd. currently held by Northern Superior.Under a second ...
Westinghouse partners with US government in $80B nuclear reactor deal
Proactiveinvestors NA· 2025-10-28 15:16
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
CN Announces Executive Changes to COO and CCO Roles
Globenewswire· 2025-10-20 15:30
Core Insights - CN has appointed Patrick Whitehead as Executive Vice-President and Chief Operating Officer and Janet Drysdale as Executive Vice-President and Chief Commercial Officer, effective immediately [1][2] - The appointments aim to enhance CN's operational, commercial, and customer service excellence, with both executives recognized for their cross-functional leadership [2] Executive Profiles - Patrick Whitehead, 50, has over 30 years of railroad experience, with more than 25 years in management roles. He previously served as Executive Vice President and Chief Network Operating Officer since October 2023 and holds a Master of Science in Transportation Management [2][3] - Janet Drysdale, 53, has nearly 30 years at CN, with significant roles in Sales, Marketing, Investor Relations, and Finance. She has been serving as Chief Commercial Officer on an interim basis since July 2025 and holds an Honours Bachelor of Science and an MBA [3] Company Overview - CN operates a nearly 20,000-mile rail network, transporting over 300 million tons of natural resources and goods annually across North America, contributing to sustainable trade and community prosperity since 1919 [4]
Clear Channel Outdoor and Blood Cancer United Team Up on Billboard Campaign to Reach More People Affected by Blood Cancer
Prnewswire· 2025-10-14 12:05
The OOH campaign further underscores that Blood Cancer United is all about blood cancer, so patients can be more than their diagnosis and be about everything else that defines their lives: purpose, people and possibilities. This OOH collaboration builds on Blood Cancer United's first national advertising campaign in more than a decade and runs across Atlanta, Chicago, Dallas, Los Angeles, Miami and New York through October. On October 9, during Advertising Week New York, two Clear Channel Outdoor digital b ...
Clear Channel Outdoor Holdings, Inc. Announces Date for 2025 Third Quarter Earnings Release and Conference Call
Prnewswire· 2025-10-06 20:30
Group 1 - Clear Channel Outdoor Holdings, Inc. will release its third quarter results for 2025 on November 6, 2025, before the market opens at 7:00 a.m. Eastern Time [1] - A conference call to discuss the results will take place at 8:30 a.m. Eastern Time, with a live audio webcast available on the company's website [1] - Related earnings materials, including reconciliations of non-GAAP financial measures to GAAP financial measures, will be accessible on the company's website by 7:00 a.m. Eastern Time [2] Group 2 - Clear Channel Outdoor Holdings, Inc. is a leader in the out-of-home advertising industry, focusing on innovation through digital billboards and data analytics [3] - The company aims to broaden its advertiser base by integrating programmatic capabilities that facilitate measurable advertising campaigns [3] - By leveraging its diverse portfolio, the company connects advertisers with millions of consumers each month [3]
Why Fast-paced Mover Clear Channel Outdoor (CCO) Is a Great Choice for Value Investors
ZACKS· 2025-10-03 13:51
Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, identified through the Zacks Momentum Style Score [3] Group 2: Clear Channel Outdoor (CCO) Analysis - Clear Channel Outdoor (CCO) has shown a price increase of 17.1% over the past four weeks, indicating growing investor interest [4] - CCO's stock gained 20.8% over the past 12 weeks, with a beta of 2.64, suggesting it moves 164% higher than the market [5] - CCO has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - CCO has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - The stock is trading at a Price-to-Sales ratio of 0.44, suggesting it is undervalued as investors pay only 44 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides CCO, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles to help identify winning stock picks [9]
Clear Channel Outdoor Holdings, Inc. Sells its Business in Brazil to an Affiliate of Eletromidia S.A.
Prnewswire· 2025-10-01 20:30
Core Points - Clear Channel Outdoor Holdings, Inc. has completed the sale of its Brazilian business to Publibanca Brasil S.A. for R$80 million (approximately US$15 million), marking the exit from its Latin American operations [1][2][3] - The proceeds from the sale will be used to enhance liquidity and financial flexibility, in line with the company's debt agreements, after accounting for transaction-related fees and expenses [2][3] - The CEO emphasized that this divestiture is part of a strategy to simplify and reduce risk in the business, allowing the company to focus on its U.S. operations and pay down debt [3] Financial Details - The transaction price for the Brazilian business was R$80 million, equivalent to about US$15 million [2] - The final proceeds are subject to customary post-closing adjustments and payment of transaction-related fees and expenses [2] Strategic Focus - The company aims to create shareholder value by divesting non-core assets and reinvesting in high-return opportunities within the U.S. market [3] - The divestiture aligns with the company's strategy to concentrate on its strengths in the American and Airports businesses [3][4]
Anson Funds calls for Clear Channel Outdoor's sale. Here's why the timing may finally be right
CNBC· 2025-09-27 13:53
Company Overview - Clear Channel Outdoor Holdings is a major player in the outdoor advertising industry, providing services through billboards, street furniture displays, transit displays, and other out-of-home advertising formats, operating solely within the United States [1][4] - The company has transitioned to a U.S. pureplay, enhancing its focus and potential value from a multiple perspective, making it easier for potential acquirers [8] Activist Involvement - Anson Funds, which holds a 3.65% stake in Clear Channel Outdoor, has initiated a campaign calling for the sale of the company, marking a strategic shift for the fund [2][3][7] - The activist strategy is led by Sagar Gupta, who previously worked with Legion Partners during their campaign for Clear Channel Outdoor, indicating a long-term interest in the company [2][7] Financial Performance and Valuation - Clear Channel Outdoor has faced challenges with its two business lines in the Americas and Europe, with the U.S. operations trading at approximately 13-15 times EBITDA, while European operations traded around 8 times EBITDA [5][6] - Despite recent divestitures and a focus on digital transformation, the company's stock has declined by 26.56% since Legion's activist filing and over 90% from its IPO price [6] Strategic Moves and Market Position - The company has executed several divestitures, including selling its European and Latin American businesses, which has allowed it to focus on the U.S. market and reduce debt [6] - Potential acquirers for Clear Channel Outdoor include JCDecaux and Lamar, both of which have shown interest in the outdoor advertising sector [8][9] Digital Transformation - Clear Channel Outdoor's digital billboard segment has grown to only 5% of its portfolio, despite accounting for over a third of its revenue, highlighting the slow pace of digital transformation due to regulatory approvals [11] - The slow rollout of digital ads poses challenges for the company, particularly in meeting quarterly reporting expectations as a public entity [11]
X @Bloomberg
Bloomberg· 2025-09-22 12:09
Anson Funds Management is urging Clear Channel Outdoor Holdings to pursue a sale of the company, according to people familiar with the matter https://t.co/mmmpuAAnTc ...