A New 52-Week Low For BBGI
Beasley Media Group is expected to unmask its Q3 earnings between Halloween and November 4. Will investors be treated to a not-so-scary report, or is a fright fest on the way? The latter may be the case, given BBGI's late-afternoon slide, sending it to a fresh five-year low.
Here’s When Salem’s Q3 Results Will Arrive
Will Salem investors experience a repeat of the company's last fiscal performance -- one that Zacks Equity Research says delivered an earnings surprise of minus 300% during Q2 -- for the three months ending Sept. 30? They'll find out a week from Wednesday.
Nexstar Shares Bounce Back Above $100 Mark, Dividend Comes
With Friday's Closing Bell on Wall Street, NXST is at $103.29 per share. The performance completes a week of upward movement for the broadcast TV company's stock, and returns it to a level last seen a month ago. Now, can Nexstar propel past prices seen six months ago?
Q3 Calendar Update: Urban One Sets Call Date
The multimedia company with two cable TV channels and a host of radio stations superserving African-Americans, in addition to a large casino resort just to the south of Washington, D.C., will release its third quarter results on Nov. 7.
Q3 Calendar Update: Townsquare Media Sets Release Date
Townsquare Media will release third quarter 2019 financial results before the market opens on November 5. The news comes as TSQ's first month of Q4 has outperformed much of the stock's performance of the previous three quarters.
TEGNA’s 7-cent Shareholder Bonus
Commenting on the decision to declare a healthy shareholder dividend, TEGNA EVP/CFO Victoria Harker said, "TEGNA continues to create value for our shareholders through our operational excellence, rigorous financial discipline, and execution on key strategic initiatives.”
A Multi-Billion Note Offering Nod From Netflix
With its domestic subscriber growth engine sputtering and most of its rapid acceleration occurring overseas, the biggest threat to broadcast and cable television has just revealed that it intends to offer -- subject to market and other considerations -- roughly $2 billion worth of senior notes.
TEGNA Continues Climb Toward New ’19 High
On Sept. 3, TEGNA shares hit $16. By Oct. 1, they were back down to below $14.50. By the end of the month, a stock price even higher than $16 could be seen -- putting a company surrounded by rumors at a fresh year-to-date high on Wall Street.
Sinclair Shares Rise On Word Of AT&T Retrans Pact
It was an up-and-up day for Sinclair Broadcast Group shares on Thursday, thanks largely to its announcement that a new retransmission consent agreement has been signed with AT&T for its AT&T TV NOW vMVPD, U-Verse MVPD and DirecTV DBS offerings for the next few years.
Netflix’s Q3 Surpasses Expectations, But U.S. Slowdown Is Seen
With the TV and entertainment industry's anticipating a battle for OTT audiences come November with the launch of potential competitors, Netflix on Wednesday released third-quarter financial results that beat Wall Street expectations. But, a U.S. slowdown is clearly seen.
A Good Day On Wall Street For Scripps
With several executives set to appear at NAB Show New York, the news from Wall Street concerning The E.W. Scripps Co. looks pretty good. The media company had a very good performance in Tuesday's trading.
Entravision Shares Slide To A Fresh Five-Year Low
On Monday, all eyes were on CBS Corporation and merger partner Viacom, as each of the company's stocks succumbed to prices that have not been so low in more than five years. A day later, the same concern can be placed on Entravision shares.
CBS, Viacom Sink To Five-Year Wall Street Lows
While Toronto's TSX was closed Monday in observance of Canadian Thanksgiving Day, New York's financial markets were open on Columbus Day in the U.S. Perhaps they should have closed. Small losses were seen overall, but the declines for CBS and Viacom are disconcerting.
General Indices Up On Wall Street
U.S. financial markets climbed again on Thursday, as the Dow Jones Industrial Average rose 136.91 to 26,482.92. The Nasdaq composite index gained 43.67, ending the day’s trading session at 7,947.42. Among the key media companies making advancements today are The E.W. Scripps Co.
Markets End The Day Up
U.S. financial markets moved ahead on Wednesday, as the Dow Jones Industrial Average rose 181.97 to 26,364.01. The Nasdaq composite index gained 79.96, ending the day’s trading session at 7,903.74.