SIR LUCIAN'S INVESTOR SPIEL SPURS VIVENDI SPIKE

Vivendi stock hit a 19-year high Thursday in the wake of UMG's capital markets day presentation to European investors, over which Uni topper Sir Lucian Grainge presided on 8/25. Trading for the music giant's IPO will kick off 9/21 on Euronext Amsterdam.

French parent Vivendi saw a 4.4% boost in its shares and hit a high of €32.86 ($38.07) on 8/26 before closing at $37.08. The stock is up nearly 14% from $33.22 a month ago.

Citi, which appears to know a thing or two about finance, remarked that UMG "did a very good job in using its first capital markets day to unveil its own outlook," per a Dow Jones Market Talk story, which also notes UMG's "hugely strong position in the industry" and the increasing predictability of music earnings thanks to subscription revenue.

A GRAMMY-FLAVORED HITS LIST
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BEY LEADS ARRAY OF FEMALE STARS IN GRAMMY NOMINATIONS
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GRAMMY CHEW: RUMINATING ON THE BIG 4 NOMS
80% is a lot better than usual. (11/12a)
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And away we go. (11/8a)
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AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
WHO'S BUYING THE DRINKS?
That's what we'd like to know.
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