At the annual general meeting of shareholders of Nielsen Holdings plc, held Tuesday, company shareholders approved the Nielsen 2019 Stock Incentive Plan. In all seven proposals were considered by shareholders. Here's what Nielsen told the SEC about it.
It's been said by many long-term investors that the best time to buy is when a company's stock is viewed as largely undervalued, and there's much upside in the forecast.That's likely what is driving one of Saga Communications' largest institutional shareholders to snatch up more stock at bargain values, as the radio broadcasting company struggles to bounce back from an all-time low.
Lord have mercy: Salem Media Group shares fell sharply in the final two hours of Wednesday's trading, with SALM off by 9.7% with just minutes to go. Volume was higher than usual, suggesting Mario Gabelli and GAMCO or Dimensional Fund Advisors may have sold some shares.
On April 23, Salem Media Group shares tumbled to $1.85. On May 13, a recovery appeared to be taking shape, as shares rose to $2.49 on Monday. Twenty-four hours later, it appears Salem's Wall Street turnaround has been put on pause -- at least for a day.
U.S. financial markets slumped to start the trading week as worries over Chinese tech company Huawei clouded investor concern that a combined Sprint and T-Mobile, which FCC Chairman Ajit Pai and Commissioner Brendan Carr voiced approval of, would put a dent in DISH.
For comScore, it's been a brutal fourweeks. On March 18, shares were just under $22. Today, SCOR is struggling to get back over the $11 mark. On Friday, a small gain was seen for the company's battered stock.
The 20th annual B. Riley FBR Institutional Conference is set for Wednesday at the Beverly Hilton Hotel. At 9:30am that morning, a Camarillo, Calif.-based media company will be presenting its assets and touting its benefits to institutional investors in attendance.
Corus shares slipped in Thursday's trading one day after the exchange halted trading amid a steep sell-off in shares for the company that owns 39 radio stations, the Global broadcast TV network, and several cable TV channels. The sharp dip is tied to Shaw's sale of its stake in Corus.
Salem Media Group's stock price on April 23 bottomed out. As of 3:15pm Eastern Wednesday, Salem was priced at $2.0263. Share value peaked March 12, but that has not stopped the company's board of directors in giving its approval to a Q2 cash dividend.
At Tuesday's Closing Bell on Wall Street, the Dow Jones Industrial Average was up 208.82 points to 25,533.81. Nasdaq was up 1.14%, to 7,734.49. How were media stocks? Click here for more.
Many media stocks sank along with the general indices on Monday, as rising trade worries between the U.S. and China led investors on Wall Street to engage in a massive sell-off. With 20 minutes remaining in trading, The Dow Jones Industrial Average was down 2.6%.
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.
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.
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.
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.