Sinclair Stock In 2019: Up, But By A Hair
Here's the good news: Sinclair Broadcast Group's stock will finish 2019 ahead of where its started the year, by nearly $4.50 per share. Here's the bad news: The second half of the year was full of consistent declines that erased healthy growth seen through early July for the TV station owner that now has the former Fox regional sports networks.
Greece default possibility hit stocks – 9/19/11
Stocks trimmed earlier losses by more than half Monday afternoon, amid hopes that Greece may avoid a default. But the uncertainty over the debt-laden...
A Potpourri Of Activity On Wall Street For Media Stocks
Tuesday's trading was full of ups and downs for media companies, as the Dow Jones Industrial Average declined by 36.50 points, to 20,975.78. The Nasdaq Composite index improved by 17.93, finishing at 6,120.59. Among the day's key movers was Emmis Communications, as investors cheered the company's announcement that it was exiting Los Angeles by agreeing to sell KPWR-FM "Power 106" to Meruelo Media.
Stocks Rebound After Five Day Decline
U.S. stocks rose Thursday, after five straight days of declines, thanks to gains in telecommunications and utility shares. Radio and Television didn’t follow the...
Nielsen Board OK’s Dividend As Stock Sputter Persists
The Board of Directors of Nielsen Holdings plc has declared a quarterly cash dividend of Nielsen's common stock. The dividend is payable on March 19, to shareholders of record at the close of business on Thursday, March 5.
Radio’s Biggest Owners Defy Big Wall Street Dip
U.S. financial markets declined on Wednesday as investors expressed concern about U.S. growth forecasts not being as strong as they'd hoped for. The Dow Jones Industrial Average was off 2%, while Nasdaq was off by 1.6%. However, it was not all gloom and doom for radio stocks.
Stocks rise as Euro-fears ease – 12/1/10
Word that the US would commit funds to shore up debt-laden European countries gave a boost to stock prices on Wednesday. The Dow Jones...
Ahead of May 4 Q1 ’22 Call, Sinclair Shares Sneak Peek
The owner of Bally Sports RSNs, over-the-air television stations and broadcast transmitter maker Dielectric will reveal its first quarter 2022 financial results on May 4. Ahead of that full look of the company's performance in the first three months of the year, Sinclair Broadcast Group released preliminary media revenue results for its broadcast segment.
Another Big Trading Day For Veritone
U.S. financial markets finished mid-week trading on an up-note, as the Dow Jones Industrial Average improved 27.06, to 21,892.43 and the Nasdaq composite index grew by 66.42 points, to 6,368.31. Among the big movers involved in broadcast media was Veritone, which reached a new post-IPO high with a very healthy gain.
Players market turns Wall Street slump around – 08/25/10
Radio and television stocks moved up with the rest of the market as Wall Streets game players - short holders and bargain hunters, according...
Stocks continue their high wire act
Consumer confidence is said to be on the wane, but stock traders are trading away and bidding up prices nevertheless. Radio and television stocks...
Stocks Soar With Oil
U.S. Stocks jumped today as oil prices soared. Radio and Television were also able to show significant gains.
The RBR Radio Index rose 13.897, or...
Beasley Schedules Its Q4 Earnings Release Call
The company led by Caroline Beasley and publicly traded on the Nasdaq Global Markets exchange has decided when it will release its fourth-quarter and full-year results for 2021. It will be the first Q4 report in the broadcast sector to be released, based on the current schedule.
Stocks end Thursday up – 10/21/10
Another round of strong earnings reports gave encouragement to stock traders, but they were held back somewhat Thursday as the dollar strengthened overseas. In...
iHeart’s Mystery Buy: In Search Of Court Approval
The U.S. Bankruptcy Court judge overseeing iHeartMedia's Chapter 11 restructuring plan has before it a request from the nation's top owner of radio stations to approve a purchase agreement. What does iHeart want to buy? We don't know.