Emmis Shares Rocket Ahead On Soo Kim Spin News
At the Closing Bell on Monday, Emmis Communications shares were up nearly 20%, finishing at their highest value in more than four years. That's thanks to the creation of a newly formed company that sees Soo Kim's Standard General take 76% ownership.
Wall Street Instability Continues Through Friday’s Lunch Hour
It's been a heck of a March thus far for media stocks on Wall Street. Violent dips and small recoveries have been seen for the last two weeks, and midday trading on Friday saw the overall market improve from Thursday's dismal drubbing. How did radio and TV companies fare as of lunch time? Don't look at Salem or Townsquare Media today.
Stocks end at highest level in two-plus years 12/21/10
U.S. stocks rose modestly Tuesday but managed to close at their highest levels in more than two years as investors set their sights on...
A Sturdy Rebound For Beasley Stock
It's been a less than stellar month for shares of Beasley Broadcast Group stock. On January 5, "BBGI" hit a new peak of $13.95. By January 18, Beasley shares were down by nearly $3 a share. That dip is very close to being erased as the month comes to a close.
A Welcome Uptick For Entercom
With all eyes on Entercom stock, bargain hunters swooped in to give the radio broadcasting company a much-needed gain on Wall Street. With the Closing Bell on Tuesday, ETM shares were up 6.2% from Monday. A columnist at MarketWatch may be to thank.
Gray, SBGI Tumble On Poor Political Visibility
Political advertising isn’t shaping up to be as rosy as they thought for Gray Television and Sinclair. Investors punished them on Tuesday
Rising tide lifts all stocks – 01/13/10
Investors got interested in the recently depressed financial and tech sectors. And that buying gave the entire market a boost. The Dow Jones Industrial...
Thursday’s Trading Calls For A ‘Dislike’ Button
Blame Thursday's Wall Street dip on Facebook: The company says it cannot keep up with its
Stocks Struggle
U.S. Stocks struggled to push higher today even as oil prices surged. Radio and Television each posted small gains.
The RBR Radio Index rose 1.875,...
Gloomy Monday on Wall Street – 12/19/11
Worries about the global economy sent bank stocks falling on Monday - and the rest of the market followed. By the way, Bank of...
Greece Agrees, Emmis Shoots Up
Radio stocks as a group didn’t do all that well Monday on news of a bailout for Greece, but Emmis soared to the tune...
Stocks Show Slight Gain
U.S. stocks showed a slight gain Thursday. Radio posted a small gain, while Television posted a small loss.
The RBR Radio Index rose 3.357, or...
A Mixed Monday for Media Stocks On Wall Street
Nasdaq experienced a 110.42-point gain to 11,129.73 on Wednesday, while the Dow Industrials index was down 86.11 to 27,844.91. That set the tone for radio and TV companies with publicly traded stocks, as key industry players went both up and down.
A Good Day On Wall Street For Scripps
With several executives set to appear at NAB Show New York, the news from Wall Street concerning The E.W. Scripps Co. looks pretty good. The media company had a very good performance in Tuesday's trading.
DJIA plunges on Fed news – 9/21/11
The Dow was down 284 points or 2.5% yesterday after the Federal Reserve made it official - there'll be no change in rates and...