WMG

Access Industries Buying Warner Music For $3.3 Billion

Published on Fri, 05/06/2011 - 11:24
By FNNO Staff in General Interest, WMG, access, artists, buy, edgar bronfman jr. finance, financial, Industries, label, market, merger, music, news, record, shares, stock, warner, Mergers & Acquisitions
access, artists, buy, edgar bronfman jr. finance, financial, Industries, label, market, merger, music, news, record, shares, stock, warner

Access Industries Holdings LLC has reached an agreement to buy Warner Music Group (NYSE:WMG) in an all-cash deal that values WMG at $3.3 billion, the companies said Friday. The announcement ends a 3-month sale process that involve

By FNNO Staff
fnnonline@gmail.com

What's In The News: March 23, 2011

Published on Wed, 03/23/2011 - 08:21
By FNNO Staff in General Interest, BKS, kkr, NRG, NYX, sne, WMG, antirust, barnes noble, bertelsmann, bmg rights, bookstore, ceo, company, david crane, deutsche boerse, earthquake, eu, european union, japan, joing venture, jv, kkr, nrg energy, nuclear, nyse euronext, nyx, plant, power, radiation, sale, sony, texas, warner music, wmg, What's In The News
antirust, barnes noble, bertelsmann, bmg rights, bookstore, ceo, company, david crane, deutsche boerse, earthquake, eu, european union, japan, joing venture, jv, kkr, nrg energy, nuclear, nyse euronext, nyx, plant, power, radiation, sale, sony, texas, warner music, wmg

The Wall Street Journal reports NRG Energy (NRG) CEO David Crane said the power company's plans to build two big reactors at its South Texas nuclear plant could be delayed or canceled in light of earthquake-related failures at a J

By FNNO Staff
fnnonline@gmail.com

Warner Music Group Is Reportedly Disappointed By Bids (WMG)

Published on Tue, 03/08/2011 - 11:12
By Stephanie Shyu in General Interest, WMG, acquisition, analyst, bid, buyout, consensus, m&a, merger, music, nyse, offer, price, publishing, stock, wall street, warner music, wmg, Mergers & Acquisitions

Warner Music has a potential upside of 13.4% based on a current price of $5.84 and an average consensus analyst price target of $6.63.

acquisition, analyst, bid, buyout, consensus, m&a, merger, music, nyse, offer, price, publishing, stock, wall street, warner music, wmg

Warner Music Group (NYSE:WMG) is reportedly disappointed by bids, according to a Bloomberg report, after the company got bids of $1.5 billion to $2 billion for its Warner Chappell music-publishing business.

By Stephanie Shyu
sshyu@fnno.com

What's In The News: February 24th, 2011

Published on Thu, 02/24/2011 - 08:50
By Stephanie Shyu in General Interest, dis, goog, kkr, OSTK, sne, WMG, acquire, acquisition, banks, bid, buyout, children, company, debt, dis, discount, disney, fee, financial, financing, goog, google, kids, kkr, news, ostk, overdraft, overstock.com, payment, publishing, revenue, sale, shopping, sne, social network, song, sony music, togetherville, warner music, websites, wmg, What's In The News
acquire, acquisition, banks, bid, buyout, children, company, debt, dis, discount, disney, fee, financial, financing, goog, google, kids, kkr, news, ostk, overdraft, overstock.com, payment, publishing, revenue, sale, shopping, sne, social network, song, sony music, togetherville, warner music, websites, wmg

This is what's in the news for Thursday, February 24th. the Wall Street Journal reported that Overstock.com (OSTK) is being penalized by Google (GOOG) in its search results due in part to its practice of encouraging websites of co

By Stephanie Shyu
sshyu@fnno.com

Warner Music Group Up 4.6% as Firm Attracts Bidders

Published on Fri, 02/11/2011 - 16:08
By Peter Chu in General Interest, WMG, bids, business, comtex, market, news, shares, stock, trade, update, value, warner music group, wmg, Mergers & Acquisitions

WMG is asking bidders to submit their bids by month end, the Post said.

Warner Music Group shares are up 4.63%, or $0.26, to $5.87."

bids, business, comtex, market, news, shares, stock, trade, update, value, warner music group, wmg

"Shares of Warner Music Group (WMG) are higher after a report that it has attracted more than 20 interested parties since putting itself up for sale, the New York Post reported, citing sources.

By Peter Chu
pchu@fnno.com

Warner Music Groups Strikes Sour Note With Q1 Loss, Revenue Miss

Published on Tue, 02/08/2011 - 11:55
By Stephanie Shyu in Earnings Preview, WMG, wmg music industry earnings re, Earnings Reports
wmg music industry earnings re

Warner Music Group (WMG), which is reported to be shopping for a buyer, plummeted out of the gate and is down more than 9% in mid-morning trading, after reporting a fiscal Q1 loss of $18 million, or 12 cents per share, compared wi

By Stephanie Shyu
sshyu@fnno.com

Warner Music Group Reported Mixed Q1 Results, Top Line Up 14% (WMG)

Published on Tue, 02/08/2011 - 08:58
By Peter Chu in General Interest, WMG, analysis, business, earnings, eps, finance, news, stock, trading, warner music group, Earnings Reports

Edgar Bronfman, Jr., Warner Music Group's Chairman and CEO, said, "While industry pressures and a highly competitive release schedule limited our results in the first quarter, we're confident that our disciplined A&R investmen

analysis, business, earnings, eps, finance, news, stock, trading, warner music group

Warner Music Group (NYSE:WMG) reported a Q1 loss of $0.12 per share, ahead of consensus estimates for a loss of $0.19 per share. Revenues for the quarter rose 14.1% year-over-year to $789 million, missing consensus estimates of $7

By Peter Chu
pchu@fnno.com

What's In The News: January 20th, 2011

Published on Fri, 01/21/2011 - 07:52
By FNNO Staff in General Interest, BA, BP, dtegy, EADSY, GS, luv, ms, WMG, analysis, ba, boeing, bp, business, dtegy, eadsy, financial, goldman sachs, gs, luv, market, morgan stanley, ms, news, rosneft, southwest airlines, stock, trading, warner music group, wmg
analysis, ba, boeing, bp, business, dtegy, eadsy, financial, goldman sachs, gs, luv, market, morgan stanley, ms, news, rosneft, southwest airlines, stock, trading, warner music group, wmg

This is what's in the news for Friday, January 21st.

By FNNO Staff
fnnonline@gmail.com

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