Comscore Stock Slide Continues
The Sunday evening announcement that its CEO and President resigned -- and their LinkedIn messages citing "irreconcilable differences" with the company's board of directors -- sent Comscore shares into a tailspin on Monday. Tuesday's trading saw no improvement.
Beasley Dips Below $4 As Entercom Rises
On a day when all attention turned to Comscore, and to rival Nielsen, general indices were on the rise. The Dow Jones Industrial Average gained 329.74 points, to 26,258.42 as Nasdaq climbed 99.59 points to 7,828.91. Entercom was a riser. Not so for Beasley Media Group.
Nielsen Up Slightly On News Of Comscore Meltdown
Comscore thinks it can be a strong competitor to Nielsen in delivering audience metrics to marketers for TV and digital video consumption. With Comscore shares losing a third of their value following the exit of two key C-Suiters, did Nielsen gain on Wall Street?
Entercom Combats Another New Five-Year Low
Two key issues making headlines over the last two weeks, coupled with renewed questions about its post-CBS acquisition business model, could be key factors in what's ailing Entercom stock. On Friday afternoon, it was fighting against a fresh five-year low.
Nielsen Stock Unsettled After Apollo, Blackstone Bail
It appears investors are unsettled regarding their thoughts on whether to buy or sell Nielsen Holdings stock. Shares continued to lose ground in Friday's trading, with another six cents shed as of 2pm Eastern. In the final 45 minutes of trading, ups and downs were rampant.
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.