Stocks Steady on Upcoming Jobs Report
Stocks stayed pretty steady today based on expectations for the upcoming jobs report. Radio and Television both showed slight gains.
The RBR Radio Index rose...
Stock indexes add to Tuesday’s fall
Stocks fell modestly Wednesday, extending losses that had Wall Street slammed the prior session, as quarterly earnings had investors taking a cautious stance. The...
Stocks jumped on first day of July – 7/1/11
An unexpected rise in manufacturing activity in June sparked jubilation on Wall Street and sent stock prices higher as the second half of 2011...
Upbeat Wal-Mart boosts Wall Street – 10/22/09
A forecast of sales growth by Wal-Mart was good for retail stocks and for broadcasters who stand to benefit from their advertising. Also, good...
Stocks Show Little Change
U.S. financial markets moved very little on Wednesday, as the Dow Jones Industrial Average fell 0.01% to 21,478.17. The Nasdaq composite index gained 0.67%, ending the day’s trading session at 6,150.86.
Broadcasters Left Behind on Big Stock Day
While the S&P 500 and Nasdaq were in the process of setting new highs, radio stocks we follow were in the process of shedding...
Stock losses capped by late afternoon surge
Stocks staged a rebound in the afternoon session, paring most of the losses. However, stocks still ended the day slightly lower. A selloff in...
Wall Street embraces Fed comments – 11/2/11
The Federal Open Market Committee that it would likely keep interest rates low through at least mid-2013 was welcomed on Wall Street, as were...
Broadcast Stocks Slip to End the Week
In general the markets had a good week, but Friday seemed to be a take-stock day for traders, who produced mixed results. But our...
Entravision Shares Surge As C-Suite Readies Q4, FY 2020 Results
Entravision Communications Corp., which owns radio and TV stations superserving U.S. Hispanic consumers, has determined when it will share its final fourth quarter and full-year 2020 financial results. The announcement came on a highly active day for the company's stock.
S&P 500 suffers largest weekly loss in 2 years
Stocks on Friday built on the week’s losses, leaving the S&P with its biggest weekly drop in two years. Thursday’s selloff continued as investors...
Stocks close higher; Dow gains 87 points
Stocks finished Monday's roller-coaster session generally higher. Heavy selling of Internet and biotech stocks dragged markets down in late morning, only to recover by...
Why Did Townsquare Shares Stumble On Thursday?
By all accounts, Townsquare Media had a strong Q4 2018. Yet, shares were off by more than 7% in midday trading before a rebound. Why? It could have nothing to do with Townsquare but everything to do with the private equity firm that controls it.
S&P 500 posts longest losing streak this year
Stocks dropped on Wednesday, with the S&P 500 posting its longest decline since December, as a possible government shutdown trumped better-than-forecast economic reports. The...
Cumulus Soars after Results Revelations
Television stocks we follow had a great Friday, and radio was up a bit, but the real big gainer was Cumulus Media, which not...