Asset sales boost Clear Channel profit; Deal still in limbo

                   
wtop.com     May 9, 2008            

By SETH SUTEL AP Business Writer NEW YORK (AP) - Clear Channel Communications Inc., a major radio and outdoor advertising company, reported higher first-quarter earnings Friday on asset sales but operating results were flat, reflecting weak demand for radio advertising.... [read full story]                

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Clear Channel Communications reports profit, revenue jump

wtop.com     May 9, 2008          

NEW YORK (AP) - Radio broadcaster Clear Channel Communications Inc. says its profit soared in the first quarter while revenues rose 4 percent. The San Antonio-based company said Friday it earned $799.7 million or $1.61 per share in the first three months of the year....                

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Radio broadcaster Clear Channel reports profit climbed, revenue up in 1st-qtr

startribune.com     May 9, 2008          

NEW YORK - Radio broadcaster Clear Channel Communications Inc. says its profit soared in the first quarter while revenues rose 4 percent. The San Antonio-based company said Friday it earned $799.7 million or $1.61 per share in the first three months of the year. That is...                

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Clear Channel Communications reports profit, revenue jump

nwsource.com     May 9, 2008          

Radio broadcaster Clear Channel Communications Inc. says its profit soared in the first quarter while revenues rose 4 percent. ... The San Antonio-based company said Friday it earned $799.7 million or $1.61 per share in the first three months of the year. That is well...                

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Clear Channel Communications reports profit, revenue jump

newsvine.com     May 9, 2008          

Radio broadcaster Clear Channel Communications Inc. says its profit soared in the first quarter while revenues rose 4 percent. ... The San Antonio-based company said Friday it earned $799.7 million or $1.61 per share in the first three months of the year. That is well...                

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Clear Channel Communications reports profit, revenue jump

ibtimes.com     May 9, 2008          

Radio broadcaster Clear Channel Communications Inc. says its profit soared in the first quarter while revenues rose 4 percent. The San Antonio-based company said Friday it earned $799.7 million or $1.61 per share in the first three months of the year. That is well above the $102.2 million or 21...                

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Clear Channel Communications reports profit, revenue jump

sacbee.com     May 9, 2008          

Radio broadcaster Clear Channel Communications Inc. says its profit soared in the first quarter while revenues rose 4 percent. ... The San Antonio-based company said Friday it earned $799.7 million or $1.61 per share in the first three months of the year. That is well...                

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Clear Channel posts weaker-than-expected profit

earthtimes.org     May 9, 2008          

NEW YORK (Reuters) - Radio station operator Clear Channel Communications Inc on Friday posted a weaker-than-expected profit as softness in the overall advertising market overshadowed gains in its outdoor ad unit. ... Excluding a gain related to the sale of an advertising...                

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Clear Channel posts weaker-than-expected profit

reuters.com     May 9, 2008          

NEW YORK (Reuters) - Radio station operator Clear Channel Communications Inc on Friday posted a weaker-than-expected profit as softness in the overall advertising market overshadowed gains in its outdoor ad unit. ... First-quarter net income rose to $799.7 million, or...                

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Clear Channel profit surges, income flat from continuing ops

wtop.com     May 9, 2008          

NEW YORK (AP) - Clear Channel Communications Inc. reported Friday its first-quarter profit soared due to asset sales, an investment gain and higher revenue, but earnings from continuing operations were flat. In the same period a year earlier, the San Antonio-based company...                

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Clear Channel profit surges, income flat from continuing ops

sacbee.com     May 9, 2008          

Clear Channel Communications Inc. reported Friday its first-quarter profit soared due to asset sales, an investment gain and higher revenue, but earnings from continuing operations were flat. ... The radio broadcaster and outdoor advertising company, which is battling...                

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