Nexstar Stock Tops $90 Mark
With a 1-year target estimate now well above $100, investors are energized once again about Nexstar Media Group and its potential growth, once its likely acquisition of Tribune Broadcasting is complete and it spins stations -- with Apollo Group/Cox Enterprises' newly formed group taking them.
Stocks score second week of gains
Stocks on Friday sealed a second weekly rise, still basking in the aftermath of central-bank moves. Stocks have been climbing for much of the...
Nexstar Preparing For September Investor Conferences
A pair of major investor conferences are on the calendar for September, and a soon-to-retire senior executive at Nexstar Media Group, along with the company's EVP/Chief Financial Officer, will be in attendance at each of this events.
Wednesday was a flat day on Wall Street – 1/11/12
Stock prices ended Wednesday's trading session just about where they began, with traders still cautiously watching the Euro zone. The Dow Jones Industrial Average...
Stock rally takes a break – 9/27/10
September is shaping up to be a strong month on Wall Street, but stock traders took a bit of a breather on Monday after...
A Red Day For Media Stocks
It was a decent day on Wall Street for Emmis Communications and its head, Jeff Smulyan. The company's shares closed up 3%, to $4.15, to continue a healthy growth streak that began on Feb. 22, when EMMS shares were at $3.31. Unfortunately, that's the lone positive news regarding media stocks, aside from a 1-cent climb for SBS shares to 32 cents. Everyone else was down.
Friday Caps Off a Bad Week
The stock market was an unhappy place last week for the most part, and Friday kept the unhappiness alive. The broadcast stocks we follow...
Stock Market Nosedive Continues Without Federal Stimulus Deal
The U.S. Senate late Sunday failed to convince Democrats to sign off on a federal stimulus package aimed at curbing steep losses for American business and individuals. To little surprise, Wall Street continued to contract in Monday's trading.
Stocks end slightly higher; Dow sets record close
Stocks ended a choppy session with small gains Friday as the Dow Industrial Average pushed to a record close. Meanwhile, the Nasdaq still posted...
DJIA down 59 points – 7/12/11
Another down day: U.S. stocks ended near session lows on Tuesday after Ireland's credit rating was cut to junk by Moody's Investors Services, yet...
Stocks Fall for Fifth Day
U.S. stocks fell again on Wednesday after the Federal Reserve decided to keep interest rates the same. Radio and Television both posted small gains.
The...
A Wall Street Turkey Trot Downward For Beasley
With 30 minutes to go in Wednesday's trading, BBGI was down 4.9% to exactly $2.8251 with volume nearly three times its average. If the closing price dips below $2.82, a new 10-year low for Beasley Broadcast Group stock will be affirmed. BBGI shares haven't been this cheap since summer 2009.
Why Was Entravision On The Rise?
It was a pretty ordinary trading session for Entravision Communications. Then, 1pm Eastern came -- and so did a big surge in the media company's stock price. What happened?
Audacy Board’s Reinstatement ‘Yes’
On May 14, the Board of Directors of Audacy, the company formerly known as Entercom Communications, approved a restatement of three specific company plans and/or policies. An SEC filing made following Wednesday's Closing Bell on Wall Street explains what transpired.
Big Ben bucks up Wall Street – 7/13/11
Fed Chairman Ben Bernanke helped put an end to Wall Street skid marks by suggesting that he had some tricks up his sleeve to...