Earnings roundup: Clear Channel, Cogent Comm.

ibtimes.com     May 9, 2008            

Among the earnings stories for Friday, May 9, from AP Financial News: 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... [read full story]                

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Cogent Communications 1Q loss widens on higher costs

ibtimes.com     May 9, 2008          

Shares of broadband technology supplier Cogent Communications Group Inc. plunged Friday after it said its first-quarter loss widened slightly on higher equity-based compensation and other costs. ... Net loss widened to $9.5 million, or 21 cents per share, from $9.4...                

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