Shares of Lions Gate (LGF +2.2%) perk up midday on heavy volume after
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General Motors (GM) awards a $3B/year advertising account across 140 countries to Aegis Group (AEGSF.PK), in what analysts call a "game changing" win for the U.K. media buying business. Aegis already handled GM's $500M European business; the new contract includes mobile communications and social media strategy around the world, excluding India, China and Brazil.
Posted by expathos (#1) 118 days ago (http://seekingalpha.com)
General Motors (GM) awards a $3B/year advertising account across 140
General Motors (GM) awards a $3B/year advertising account across 140 countries to Aegis Group (AEGSF.PK), in what analysts call a "game changing" win for the U.K. media buying business. Aegis already handled GM's $500M European business; the new contract includes mobile communications and social media strategy around the world, excluding India, China and Brazil.
Posted by expathos (#1) 118 days ago (http://seekingalpha.com)
General Motors (GM) awards a $3B/year advertising account across 140
Shares of Chinese online video site Ku6 Media ([[KUTV]] +9.1%) spike higher on reports that Alibaba's Jack Ma is considering taking a stake in the firm. Last week, the company landed a content-sharing partnership with YouTube that will allow international users to view videos from China.
Posted by expathos (#1) 118 days ago (http://seekingalpha.com)
Shares of Chinese online video site Ku6 Media (KUTV +9.1%) spike high
The Cash Store Financial Stores ([[CSFS]] -9.6%) tanks after its preliminary FQ1 guidance met with disfavor from investors. Adding to the negative pressure was the disclosure by the company that a significant amount of short interest is being built up in the stock.
Posted by expathos (#1) 118 days ago (http://seekingalpha.com)
The Cash Store Financial Stores (CSFS -9.6%) tanks after its prelimin
OSI Systems ([[OSIS]] +5.7%) FQ2 beats estimates across the board as earnings jumped 33% Y/Y, buoyed by solid revenue growth particularly at its security business. The company also raises its FY guidance, now expecting to earn $2.30 - $2.42 on revenue of $750M - $770M.
Posted by expathos (#1) 118 days ago (http://seekingalpha.com)
OSI Systems (OSIS +5.7%) FQ2 beats estimates across the board as earn
Private equity firm TPG Capital is eyeing a deal to scoop up American Airlines ([[AAMRQ.PK]] -1.5%), and is reaching out to International Consolidated Airlines Group SA, the holding company of British Airways and Spain's Iberia Airlines, as potential partners in a bid.
Posted by expathos (#1) 118 days ago (http://seekingalpha.com)
Private equity firm TPG Capital is eyeing a deal to scoop up American
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