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Stock Market & Financial Investment News

News Breaks
January 17, 2014
08:01 EDTLYVLive Nation initiated with a Buy at Sterne Agee
Target $24.
News For LYV From The Last 14 Days
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March 30, 2015
05:40 EDTLYVStubHub files antitrust lawsuit against TIcketmaster, Golden State Warriors
StubHub, an eBay (EBAY) company, has filed a lawsuit against Ticketmaster (LYV) and the Golden State Warriors’ front office. As stated in the Complaint, StubHub seeks to stop unfair and illegal anti-competitive business practices that prevent fans from deciding how they want to resell their tickets and which artificially drive up ticket prices. The complaint recounts that Ticketmaster and the Warriors’ front office broke our nation’s antitrust law and California law against unfair competition by cancelling fans’ regular-season and playoff-game tickets when those fans chose to use StubHub and other competitive exchanges to resell tickets. In many more cases, the Complaint says, Ticketmaster and the Warriors’ front office broke the law by unlawfully threatening fans with cancellation to force them to use Ticketmaster’s resale exchange exclusively. StubHub strives to compete fairly, ensuring that fans only pay market-driven prices based on actual supply and demand. We believe fans, not front-office executives, have the right to decide how – and for how much – resale tickets will be bought and sold. According to the lawsuit, despite repeated requests by StubHub, the Warriors and Ticketmaster executives allegedly refused to play fair, to respect the fans, and to obey the law. StubHub’s only option therefore remains to seek relief in federal court to stop these anticompetitive business practices. StubHub simply wants Ticketmaster and the Warriors' front office to embrace competitive efforts rather than monopoly tactics.
March 19, 2015
15:00 EDTLYVLive Nation management to meet with Sterne Agee
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07:23 EDTLYVEvercore ISI to hold a tour
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