Wednesday, November 01, 2006

Channel's Future Unclear

Clear Channel, a firm I have nothing but virulent contempt for, appears to be trying to sell itself off, and maybe (although the article tries to paint it with a far rosier brush than I would have given CC credit for) there has been some irregularity in trading of CC shares lately. This would appear to be tied to the fact that their earnings are down and in at least one case have been downgraded as a stock.

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