Introducing Cumulus’ New Stock
Cumulus Media on Wednesday quietly initiated trading on the OTC exchange under the ticker symbol "CMIA," and saw volume of 50,000 shares traded. The value of Cumulus' new shares is significantly higher than as "CMLSQ," which was a penny stock now written off to the history books.
Stocks slammed by European jitters
Stocks Thursday were hit by thinking the next European Central Bank meeting would not deliver the promised results and that the Fed's Jackson Hole...
Dow closes near 4-month low
Stocks declined Tuesday as economic reports failed to deflect the latest breakdown in Greece's attempts to form a coalition. The Dow industrials fell 63.35...
Beasley Sets Quarterly Cash Dividend
The dividend is payable on October 7, 2016, to shareholders of record on September 30, 2016.
A Friday Free-Fall For Viacom On Wall Street
The media company that didn't see a reunification with CBS Corp. suffered a bruising session on Wall Street Friday. Viacom shares tumbled 13.8%, to $30.22, on word that subscribers to its cable TV networks will fall by roughly 3% in Q3. That sour news clouded an otherwise good Q2 that saw Viacom beat the Street.
TelevisaUnivision Preparing For Q2 Fiscal Results Reveal
It may be privately held, but that isn't stopping the biggest producer of Spanish-language audio and video content in the world from sharing its second quarter financial results.
S&P move made blood flow on Wall Street – 8/8/11
No one knew what the downgrade of US sovereign debt by Standard & Poor's would mean to stock prices, since it had never happened...
Stocks rally as Fed brings in more firepower
Stocks surged Thursday, lifting the S&P 500 to its highest finish since 2007, after the Fed opted for a third round of quantitative easing...
Stocks sell off on Ukraine worries
The stock market finished Monday sharply lower amid a global push into safe havens as political tensions in Ukraine and Russia over Crimean peninsula...
As P&G goes, so go broadcasters – 09/18/09
A Citigroup analyst upgraded consumer products giant Procter & Gamble. And since P&G is a huge advertiser, that was good news for media stocks...
Another Southward Stock Slide For SBS
The Miami-based owner of the Mega TV operation and radio stations targeting Hispanics suffered a steep drop Thursday on Wall Street. SBS shares are now just a penny away from their lowest value, year to date. The dip comes as investors await a preview of what SBS expects to reveal in its Q2 earnings report.
Stocks Up Slightly
U.S. stocks ended up slightly today. Investors are waiting for end of the month reports due out this week. Radio posted a loss; while...
TEGNA Board Sets Date For Annual Shareholders Meeting
Shareholders of record on February 25, 2019 will be notified of the meeting and will be eligible to vote.
Techs tank, drag down market – 01/29/10
A sell-off in tech stocks sent the stock markets lower on Friday, along with worries about financial stability in some European countries. The Dow...
Townsquare Returns To $8 Mark On Wall Street
At 10:30am Tuesday, Townsquare Media shares were down, hitting $7.78 a share. Then, in the last hour of trading, shares of TSQ surged on the NYSE. The result: a four-cent gain, putting the stock back at the $8 level.