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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.
Townsquare Media Group

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.
Wall Street / Trading Floor

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.
Wall Street Bull

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.

With Stock Struggling, Salem Board OKs Dividend

Investors who have stuck by Salem Media Group are in for a treat. The media company saw its board of directors declare a cash dividend for Q1. The decision comes as Salem tries to recover from its worst stock performance in 7 years.

Nexstar’s Big Surge Continues

With the Dow Jones Industrial Average falling 133.17 to 25,673.46 and Nasdaq off 70.44 to 7,505.92, most media stocks were in the red on Wednesday. Not Nexstar Media Group. The TV company that seeks to merge with Tribune Media hit another new record high.

Beasley Board Declares Dividend

Beasley Broadcast Group's board of directors has declared a dividend. The announcement comes as BBGI shares saw an important 5% gain on Tuesday, but are still far below its 1-year target estimate.

Ianniello To Talk Shop At Deutsche Bank Conference

Les Mooves is gone. So is former CFO Lawrence Tu. That could make a March 12 appearance by the President and acting CEO of CBS Corp. at the Deutsche Bank 2019 Media, Internet & Telecom Conference far more interesting than in previous years.

Cumulus Ends The Week On A Strong Note

Is a leaner Cumulus Media a more profitable one? That's what investors indicate, based on the strength seen on Friday for the company's stock. It hasn't been this high since September.
Wall Street / Trading Floor

Stock Slips Seen For Beasley, Entercom

Two of the most high-profile radio broadcasting companies lost ground on Thursday as companies such as Sinclair Broadcast Group and Gray Television report strong Q4 earnings that have propelled their stock prices skyward. What was the damage for Beasley and Entercom?
Townsquare Media Group

Townsquare Makes A Date For Q4 Say-All

With CEO Bill Wilson alone at the captain's wheel, Townsquare Media is propelling forward as an operator of small and mid-sized market radio stations with the right -- and profitable -- mix of outdoor events. Just how profitable the stations and events are for the company will come bright and early on March 12.

Entercom Board Declares A Dividend

Can a cash reward of sorts help Entercom Communications in its quest to energize its sagging stock price? The radio broadcasting company's board of directors on Tuesday approved a sizable cash dividend to shareholders of record as of March 14. Yet, Entercom shares were off 6.9%.

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