Dow down slightly for the day
Stocks on Tuesday closed nearly unchanged after a two-session rise as Fed Chairman Ben Bernanke urged lawmakers to reach a budget agreement and end...
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.
Stocks Stumble On Fears Of Interest Rate Hike
U.S. stocks fell Friday posting their biggest loss since Brexit. Uncertainty over central banks were to blame. Radio and Television followed the market, with...
Biden Sparks Wall Street Rebound With Putin Speech
With a winter weather advisory in effect for Manhattan, Wall Street is bracing for sleet and a little snow. For investors, that was nothing compared to the pre-market slide for stocks. Then came an afternoon address from President Biden on how the U.S. will react to Russia's incursion into Ukrainian territory early Thursday. Investors reacted positively.
Stocks up on budget-deal framework
Stocks on Monday rallied towards yearly gains as Wall Street embraced emerging details of a budget deal that reportedly will have tax cuts extended...
Housing rebound cheers Wall Street – 11/11/09
An upbeat forecast from the Toll Brothers home building company put Wall Street traders in a stock buying mood. The Dow Jones Industrial Average...
New worries from Europe – 03/24/10
With the EU already working to shore up Greece, Wall Street traders were concerned Wednesday about a credit rating downgrade for Portugal by Fitch...
CBS Shares Slip Below $50 Mark
CBS Corporation shares in late December dipped to as low as the mid-$43 range -- a rarity for a stock mainly in the $50-$60 range. On Wednesday, a 1.7% decrease put CBS back under the $50 level, and more than $13 below its 1-year target estimate.
Stocks Post Another Day of Gains
U.S. stocks showed gains again Thursday after the Bank of England indicated that they would launch a stimulus package. Radio post a loss, while...
Sony boosts cybersecurity stocks
Too bad broadcast doesn’t lend itself easily to branching out into the field, because any stock market gains related to that business didn’t translate....
July Talk: Salem Shares Negate Eight Weeks Of Gains
On July 23, Salem Media Group shares shot up to $2.34 per share -- the highest level seen for the conservative radio and publishing company's stock since June of last year.
Unfortunately, SALM has receded in value ever since, and today is right back where it was in mid-July.
Stocks Fall On Earnings Reports
U.S. stocks fell Tuesday thanks to poor earnings reports. Radio and Television followed the market, with both posting losses.
The RBR Radio Index fell 17.873,...
Markets Drop After Holiday Weekend
U.S. financial markets moved downward on Monday, as the Dow Jones Industrial Average fell 1.58% to 24,361.45. The Nasdaq composite index lost 0.50%, ending the day’s trading session at 7,396.59.
Nexstar Media Shareholders Complete Vote On New Board
Nexstar Media Group, Inc. is making several changes following last week's 2023 Annual Shareholders' Meeting. Many of the votes and changes pertain to Nexstar's Board of Directors and company executives. Official voting results for each proposal will be filed with the SEC.
Salem Dividend News Fails To Stem Slide
If you're a holder of Salem Media Group shares, there's a small bit of news: You're due to receive a cash dividend for Q4 on December 21. Here's the bad news: Salem shares are at a nearly seven-year low. Entravision and Beasley were also beastly on Monday.