What’s Up At Comscore? It’s Stock Price
Comscore shares soared on Wednesday -- a residual effect from the installation of a new CEO and, perhaps, a positive shout-out from the nation's No. 1 owner of broadcast TV stations during that company's Q3 earnings call. Indeed, Nexstar could be indirectly responsible for a 23% surge in SCOR's value.
A Healthy Jump For Cumulus
Cumulus Media on Wednesday enjoyed one of its best days on Wall Street in a very long time. On heavy trading volume, CMLS was up 6.7% to $14.51 — it's best close since late September.
Salem Resets Q3 Release To Tuesday
In an uncommon move announced just hours before analysts and investors were set to receive them, Salem Media Group on November 6 shelved the distribution of its Q3 earnings results until further notice. The company is now ready to present its numbers to investors and analysts.
Beasley Shares End The Week With A Thud
With ninety minutes remaining in the first trading week of November 2018, Beasley shares tumbled downward once again, continuing a streak of poor Wall Street performance that began in late May. At that time, BBGI was just under $4 a share. Today, it's at a new 10-year low.
Gray Board OK’s Big Stock Repurchase Plan
Gray Television investors on Thursday demonstrated their approval of a decision by the broadcast TV company's Board of Directors to allow Gray to repurchase up to $150 million of outstanding common stock and/or Class A common stock through the last day of 2022.
Scripps Board OKs Q4 Dividend
The board of directors of The E.W. Scripps Co. has declared a cash dividend for the fourth quarter of 2019. The dividend will be paid out of the company’s surplus.
A Busy Thursday For Q3 Earnings Results
Better get a Quattro-Venti at the Green Apron near you on Thursday morning: no less than five Q3 earnings reports are set for release. The fun begins at 8:30am, with iHeartMedia, and hits a fever pitch at 10am — with what at press time will be dueling analyst calls from Beasley and Urban One.
Will Cumulus Beat The Street In Q3?
With a widely known consensus outlook that indicates a year-over-year decline in Q3 earnings, due to lower revenues, Zacks Media Research says it is important to view how Cumulus Media's actual results compare to these forecasts. Look for CMLS to soar if the company beats the Street.
All Green … Except For Beasley
Wall Street enjoyed a strong start to November, as the Dow Jones Industrial Average surged 1.1% to 27,347.36. Nasdaq was also up 1.1% to 8,386.40. Most media company stocks were up, too. Unfortunately for Beasley, a fresh 10-year low was seen.
American Tower’s Strong Q3 Can’t Stop Friday Stock Dip
American Tower late Thursday released its Q3 results, and they were positive, beating the Street. On Friday, however, AMT shares were poised to finish down 1.5% amid short-term concerns the stock is overvalued.
Entravision Finalizes Its Q3 Unveil Time
Entravision Communications will unveil its latest quarterly results a week from now. What will investors and analysts find?
Univision Sets Its Q3 Date
Univision Communications has revealed when it will unveil, and discuss, its Q3 results. The second quarter marked the first one for newly installed CEO Vince Sadusky, and saw net income go down, but net revenue rise.
Beasley Q3 Release Date Confirmed
With its stock price at a 10-year-low, Beasley Broadcast Group has much ground to gain should it wish to reverse a decline in share value prompted by the sell-off of BBGI shares from the Bordes family acquired as part of its sale of Greater Media. Could the company's Q3 results provide a spark?
‘Is Entercom Going To Burn These Hedge Funds?’
That incendiary question serves as the headline of an Insider Monkey video report on Entercom by Reymerlin Martin that puts a magnifying glass on why the radio broadcasting company has seen a decrease in support from "the world's most elite money managers" in recent months.
CBS, Viacom Merger Plans Move Forward
CBS Corporation and Viacom Inc. late Monday confirmed that the registration statement on Form S-4 (No. 333-234238) filed by CBS with the SEC was declared effective by the regulatory agency on October 25.