Beasley’s Six-Month Swoon On Wall Street

Six months ago, Beasley Broadcast Group shares were poised to hit the $6.75 mark. Instead, they plunged to a low of $3.25 seen on the day after Christmas. Today, BBGI continues to struggle under the $4 barrier.
Dish Network

DISH’s Pivotal Take: Combine With Rival Or Die

DISH Network's Q1 results met both EPS and revenue estimates, while its loss in net pay-TV subscribers was in line with the Street. Still, Pivotal Research Group's new Entertainment sector analyst is wary about the DBS world, and says a DirecTV tie-up is inevitable.
Wall Street / Trading Floor

A Terrible Thursday For Media Stocks

It was a down day for U.S. financial markets, as the Dow Jones Industrial Average fell 122.35 points, to 26,307.79. Nasdaq was off 12.87 points, to 8,036.77. For media stocks, there was a lot of downward movement. That said, Comscore's struggles continued to raise eyebrows on Wall Street.
Townsquare Media Group

What’s Dragging Townsquare Media Stock?

One of the nation's biggest owners of radio stations in small and mid-sized markets just can't seem to ignite its stock on Wall Street. Townsquare Media shares were off by more than 5% on Wednesday, a move that only exacerbates lack of movement for the company led by CEO Bill Wilson.

Entercom Stock Inches Upward On Strong Q1 News

Entercom Communications shares were largely up in Tuesday's trading, following the pre-market release of its Q1 earnings, which were upbeat.However, ETM didn't rocket ahead and is down in after-hours trading on NYSE.

Entercom Shares Rise Ahead Of Q1 Earnings Reveal

Tuesday will see Entercom's C-Suite gathered to discuss the company's Q1 2019 performance. A strong quarter is anticipated, and this likely led investors to snap up ETM shares ahead of what could be a big surge in share value on Tuesday.

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 / Trading Floor

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.
Chart

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.

Sign up for free to get:
The Daily Intelligence Report delivered to your inbox.

RBR+TVBR delivers complete broadcasting news analysis and our famous observations.

SIGN UP NOW