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.
Nielsen Board OK’s Big Cash Dividend
It's been a bumpy 12 months for Nielsen Holdings plc. Yet, that's not stopping its Board of Directors from declaring a healthy cash dividend.
Beasley Suffers Again On Wall Street
It was a mixed day for U.S. financial markets, as the Dow Jones Industrial Average climbed 134.11 points, to 26,583.65, while Nasdaq slipped 1.63 points to 7,994.45. Among the key moves for media stocks was Beasley Broadcast Group, with shares down sharply in average trading.
More Strong Growth For SBGI Shares
Sinclair Broadcast Group is continuing its strong year-to-date run on Nasdaq, and is rocketing to new record high after new record high. On Wednesday, shares approached the $45.50 mark.
More Woes On Wall Street For Comscore
A difficult April for Comscore stock continued with Wednesday's action on Wall Street. As a result, the audience measurement company has torpedoed all growth seen since May 2009.
Another Move Upward on Wall Street For SBGI
Sinclair Broadcast Group's strong year-to-date ascension continued on Tuesday, with shares up 1.1% as of 3pm Eastern. The winning Wall Street ways could bring sweet rewards for shareholders come May 8, when Sinclair reveals its Q1 2019 earnings.
A New Stumble for Nielsen Shares?
Since April 11 Nielsen shares have been on the downswing. The dip in share value for the company that has put its Buy and Watch segments into a strategic review continued on Tuesday.
Beasley’s Year-To-Date Wall Street Wane
With the addition of radio stations in Boston and Detroit, many believed Beasley would begin 2019 with renewed vigor for its stock. Instead, Beasley's Q1 share performance has been rather dismal. On Tuesday morning, the decline in stock price continued.
Comscore Stops The Bleeding On Wall Street
It's been a punishing two weeks for Comscore, the company that seeks to compete with Nielsen for TV consumption data and ratings analysis. After a big plunge on Wall Street tied to the loss of two key C-Suiters, dip after dip was seen. On Monday, SCOR was finally up.
Despite Friday Dip, Sinclair Stock Is Flying High
With minutes remaining in the trading week, Sinclair Broadcast Group shares were off 1.2% to $43.57. Still, that's not much to cry over. Sinclair has only grown in value since the start of 2019, and is one of the best-performing media stocks of Q1, RBR+TVBR analysis shows.
Should Buyers ‘Investigate’ Salem?
That's a question asked by "Simply Wall St.," a popular financial blog. With "significant price movement" seen in recent months, could this present an opportunity for investors? Or, is a price of $2.42 -- higher than where is today -- "reflective of the actual value" of Salem stock?