A Public Choice For Scripps’ Board of Directors
The individual who leads Public Broadcasting Atlanta, which includes NPR member station WABE-FM and PBS member station WPBA-30, is up for a seat on the board of directors of one of the nation's leading television broadcasting companies.
A Strong Session For Stocks
U.S. financial markets were on the rise on Tuesday, as the Dow Jones Industrial Average climbed 140.96 points, to 25,657.73, and Nasdaq was up 53.98 points, to 7,691.52. Most radio and TV companies were also up, including Nexstar Media Group.
Salem Stock: Spiraling To Fresh Ten-Year Low?
Salem Media Group shares have withered since a disappointing Q4 2018 earnings report and guidance suggesting an equally icky Q1 2019. On Monday, Salem cashed in on the sale of an AM in Washington, D.C. Still, Salem stock is flirting with tying a 10-year low.
Foul Friday Burns Radio Company Stocks
U.S. financial markets swooned on Friday, with the Dow Jones Industrial Average off 1.8% and Nasdaq down 2.5% at the Closing Bell. Many radio companies were swept up in the red tide -- including Beasley Broadcast Group and Entercom Communications.
Nexstar Enjoys A Divestment Bump On Wall Street
Nexstar Media Group shares reached another new record high, thanks to a 3% jump in value in Thursday's trading on Wall Street.
CBS’s Sliding Fortunes On Wall Street
Wednesday marked another sour day on Wall Street for CBS Corporation, with shares dipping 2.2%. That's more than $5 a share less than where CBS stood on February 22.
Beasley Bounces Below $4 Mark
Tuesday brought more challenges for Beasley Broadcast Group shareholders. The final hour of trading saw a dip in share value that only accelerated as the Closing Bell rang. At day's end, a nearly 3% drop in value was logged, bringing BBGI to a fresh Q1 low.
Entercom’s Late-Session Stock Slide
Like a cascading waterfall, Entercom Communications' shares went sailing downward in swift fashion in the final 90 minutes of Monday's trading. This sent ETM down 4% on slightly higher-than-average trading volume.
Beasley Stock Sliding Toward New Year-To-Date Low
The first quarter of 2019 ends in two weeks, and that can't come soon enough for Beasley Media Group. The company still trading as Beasley Broadcast Group (BBGI) continued to see weakness in its publicly traded stock on Friday.
CBS Shares In Retreat Mode
On March 8, CBS went ex-dividend. Yawn. Investors appear to be bearish on the company in recent weeks, with shares moving back to where they were at the start of Q1. That's not good, since CBS shares hadn't been that low since September 2015.
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.
More Shaky Activity From Beasley
As Q1 2019 nears its close, Beasley Media Group C-Suiters will likely be discussing whether or not to take an impairment charge due to the deflated value of its stock. With a recent dip to $3.53, on Christmas Eve, BBGI has struggled to rebound to $5, or higher.
TEGNA’s NYSE Comeback Erases Two Years Of Dips
Don't look now, but TEGNA shares are on a big growth spurt. In fact, the company's stock entered Tuesday's trading at its highest level since July 2017.
Green Monday For Media Stocks
General indices were strong on the first trading day of the week, as the Dow Jones Industrial Average climbed 200.64, to 25,650.88. Nasdaq gained 149.92 to 7,558.06, for a stellar 2% gain. Radio and TV companies were also largely on the rise on Monday.
Nexstar: A Top 5 Performer In Wall Street’s ‘Bull Run’
Five companies saw their share prices "stretch hundredfold" during the Bull Market, based on TradeStation data reviewed by one Wall Street reporter. One of those companies is the broadcast TV company seeking regulatory approval of its merger with Tribune Media.