Beasley Shares Stumble In Mid-PM Trading
Beasley Broadcast Group shares failed to gain ground following the company's release of its Q1 earnings, earlier this week. Now, BBGI is within 10 cents of its April 25 close of $3.52.
Scripps Board OKs Dividend Ahead Of Q1 Results Reveal
Early risers on Friday morning will get their first look at the first quarter results from The E.W. Scripps Co. For investors, the company's financial performance will come with the assurance that they'll benefit from a cash dividend in just a few weeks.
A Sea Of Red On Wall Street
Thanks to a positive, albeit delayed, Q4 and full-year 2018 report, Entravision shares soared on Tuesday. They were the lone media company, aside from Sinclair and SBS, to see gains. Every other company was down sharply, along with general indices.
Sinclair Shares Soar On News Of RSN Pluck
On December 17, SBGI closed at $25.89 as chatter of the company's future following its failed merger with Tribune Media persisted. Now, it has a group of RSNs locked up. ACA Connects may be bitter, but investors are excited -- sending shares up 35% on Monday.
Beasley’s Six-Month Swoon On Wall Street
Six months ago, Beasley Broadcast Group shares were poised to hit the $6.75 mark. Instead, they plunged to a low of $3.25 seen on the day after Christmas. Today, BBGI continues to struggle under the $4 barrier.
DISH’s Pivotal Take: Combine With Rival Or Die
DISH Network's Q1 results met both EPS and revenue estimates, while its loss in net pay-TV subscribers was in line with the Street. Still, Pivotal Research Group's new Entertainment sector analyst is wary about the DBS world, and says a DirecTV tie-up is inevitable.
A Terrible Thursday For Media Stocks
It was a down day for U.S. financial markets, as the Dow Jones Industrial Average fell 122.35 points, to 26,307.79. Nasdaq was off 12.87 points, to 8,036.77. For media stocks, there was a lot of downward movement. That said, Comscore's struggles continued to raise eyebrows on Wall Street.
What’s Dragging Townsquare Media Stock?
One of the nation's biggest owners of radio stations in small and mid-sized markets just can't seem to ignite its stock on Wall Street. Townsquare Media shares were off by more than 5% on Wednesday, a move that only exacerbates lack of movement for the company led by CEO Bill Wilson.
Entercom Stock Inches Upward On Strong Q1 News
Entercom Communications shares were largely up in Tuesday's trading, following the pre-market release of its Q1 earnings, which were upbeat.However, ETM didn't rocket ahead and is down in after-hours trading on NYSE.
Entercom Shares Rise Ahead Of Q1 Earnings Reveal
Tuesday will see Entercom's C-Suite gathered to discuss the company's Q1 2019 performance. A strong quarter is anticipated, and this likely led investors to snap up ETM shares ahead of what could be a big surge in share value on Tuesday.
Entercom Ends Week With Wall Street Growth
Entercom shares finished the week on a strong note, as shares rose 3.4% to $6.62 in Friday's trading on NYSE. The radio broadcasting company benefited from strong session-long growth, on lower than average volume of 957,272 shares.
Entercom Note Offering More Popular Than Anticipated
Three days ago, Entercom revealed that it planned to offer $300 million in aggregate principal amount of senior secured second-lien notes due 2027. It turns out the offering is oversubscribed, indicating strong investor demand. How did Wall Street react on Thursday?
TEGNA Board OK’s Dividend As Stock Rebounds
TEGNA's Board of Directors has declared a dividend of 7 cents per share, payable on July 1, to stockholders of record as of the close of business on June 7. The move comes as the company's stock is on its way to its highest level in two years.
Wall Street Rises While Three Radio Companies Stumble
It was a banner day on Wall Street for overall indices, as the Dow Jones Industrial Average soared 145.34 points to 26,656.39 points and Nasdaq was up 105.56 points, to 8,120.82. While Twitter soared 15.6% and Kohl's had a huge one-day gain, three radio companies fell hard.
With Another Stock Dip, Beasley Cements Q1 Release Date
The company's stock price is one-third of what is was worth in June 2018. Could that point to a write-down of its low share price in its first quarter 2019 results? We now know when we'll find out how Beasley will manage its slumping stock.