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News Breaks
August 14, 2014
09:43 EDTCCOClear Channel Outdoor says Grimes no longer COO, U.S. and Canada
Clear Channel Outdoor disclosed that, effective immediately, Suzanne Grimes would no longer serve as President and Chief Operating Officer–United States and Canada of the company. The company has created an interim Office of the President for its Americas segment, reporting to CEO William Eccleshare to perform certain duties until such time that Grimes’ replacement is hired and has begun a search for a new President and COO for its Americas segment, it said.
News For CCO From The Last 14 Days
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December 11, 2014
10:13 EDTCCOOn The Fly: Analyst Upgrade Summary
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05:35 EDTCCOClear Channel Outdoor upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Clear Channel Outdoor to Outperform after press reports suggested JC Decaux may be interested in purchasing the company's European assets. Wells sees a "tremendous amount of optionality" should CCO sell its European assets, including a potential conversion into a REIT, or real estate investment trust. Wells raised its price target range for CCO shares to $10-$15 from $6-$8. Shares of the billboard operator closed yesterday down 13c to $8.29.
December 8, 2014
17:40 EDTCCOClear Channel Airports signs 10-year ClearVision deal with ClearTV Media
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