clear channel communications

StreetInsider Trading Radar: Before Market Opens: Economics: 8:30 AM ET

• International Trade for March - Street expects down $61.3B

Earnings: Clear Channel Communications (NYSE: CCU) - consensus EPS $0.21, revs $1.53B Intraday or Not Specified: Economics: 10:30 AM ET

• Weekly Leading Index for the week ended May 2 - prior reading was down 8.7%

Earnings: Sotheby's (NYSE: BID) - consensus EPS $0.10, revs $141.41M Subscribe to EasyStockAlerts and get real-time e-mail alerts when news hits your sto

"WDCG apologizes to any listener that may have found remarks or recordings played Tuesday, April 1st, 2008, during 'Bob and the Showgram"

The N.C.

Commission of Indian Affairs is demanding that the hosts and producer of a local morning radio show be fired for what the agency termed 'racially charged comments' made on the air.

Tribune Broadcasting’s Randy Michaels lured another radio-management star over to the Chicago-based company: Sean Compton, 34, departed Clear Channel Communications this week to become senior vice president of programming and entertainment for the 23-station group.

StreetInsider.com Pre-Open Movers: Clear Channel Communications (NYSE: CCU) 21% LOWER; According to reports from the Wall Street Journal, the $19 billion buyout of Clear Channel is near collapse as the private equity firms behind the deal, Thomas H.

Lee and Bain Capital Partners, and the banks failed to resolve differences over the terms of the financing.

Clearwire Corporation (Nasdaq: CLWR) 16% HIGHER; Sprint and Clearwire are higher this AM on reports the two largest cable companies, Comcast and Time Warner Cable, are in talks to provide funding for the new WiMax venture from the two.

The proposed $19.5 billion buyout of radio station operator Clear Channel Communications Inc. is reportedly near collapse because the private equity firms leading the deal are having trouble nailing down a financing agreement with banks.

StreetInsider.com After-Hours Movers: Clear Channel Communications (NYSE: CCU) 21% LOWERL According to reports from the Wall Street Journal, the $19 billion buyout of Clear Channel is near collapse as the private equity firms behind the deal, Thomas H.

Lee and Bain Capital Partners, and the banks failed to resolve differences over the terms of the financing.

Jabil Circuit, Inc. (NYSE: JBL) 13.3% LOWER; reports Q2 EPS of $0.20, 2 cents better than the analyst estimate of $0.18.

Revenues for the quarter were $3.1 billion, versus the consensus of $3.04 billion.

Clear Channel Communications said it completed the sale of its television group to Newport Television, a holding company for Providence Equity Partners for $1.1 billion.

The agreement for 56 TV stations is about $200 million less than the terms of the original agreement reached last April.

Providence Equity Partners said Sunday it was "surprised and disappointed" by a lawsuit filed Friday by Clear Channel Communications Inc. to force the private-equity firm to close a purchase of Clear Channel's television stations.