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Stock Market & Financial Investment News

News Breaks
March 25, 2013
06:29 EDTLYVLive Nation close to selling Foxwoods Theatre, NY Post reports
Live Nation (LYV) is close to a deal that would sell Foxwoods Theatre by Broadyway producer Jon Platt and president of Jujamycn Theaters Jordan Roth, reports the New York Post. According to sources, the price is expected to dip below its $60M valuation because of a recently discovered $15M pension liability issue. Reference Link
News For LYV From The Last 14 Days
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July 31, 2014
16:29 EDTLYVLive Nation says confident in FY14 revenue, AOI, free cash flow guidance
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16:28 EDTLYVLive Nation reports Q2 EPS 11c, consensus 15c
Reports Q2 revenue $1.67B, consensus $1.61B. The company said, "Overall we have sold over 42M tickets for shows this year through July, up 3% from this point last year. We are expecting our festival and stadium activity this year to be very strong in the third quarter, driving a record-setting Concerts attendance of approximately 23 million fans in the quarter, giving us confidence that the lower attendance in the second quarter is simply timing within the year."

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