Cumulus Stock Dives A Day After A Strong Q3 Results Preview
After a huge surge in its stock price on Thursday, Cumulus Media shares headed in the opposite direction on Friday, giving back much of its gains. The dip renews concerns about the fiscal health of the No. 2 radio broadcasting company.
Jobs down, stocks down – 12/17/09
A rise in unemployment claims was bad news for the economic recovery and for Wall Street. The Dow Jones Industrial Average fell 133 points,...
Nexstar Media Shareholders Complete Vote On New Board
Nexstar Media Group, Inc. is making several changes following last week's 2023 Annual Shareholders' Meeting. Many of the votes and changes pertain to Nexstar's Board of Directors and company executives. Official voting results for each proposal will be filed with the SEC.
Broadcast stocks fall in mixed market – 8/16/10
Tech stocks were the stars on Monday, but otherwise traders remained cautious about the economy, here in the US and abroad. The Dow Jones...
Stocks slip on Dubai debt issues – 11/27/09
Stocks tumbled Friday afternoon as fears about the fallout from Dubai's debt problems rattled The Street in a half-day session following Thanksgiving. The Dow...
All’s Quiet At CBS As Stock Rises To End Week
With Friday's Closing Bell, CBS shares finished in positive territory after sinking on Thursday in reaction to efforts by National Amusements Inc., led by Shari Redstone, to highly dilute a vote by CBS's Board of Directors to drastically lower NAI's voting power in CBS.
Townsquare Shares On The Rise
If there's one broadcast media company stock that deserves a close examination of its 30-day performance, it's likely Townsquare Media. The local media company specializing in radio stations and websites has enjoyed a stock resurgence and is now at its best year-to-date price.
Rally fizzles on Wall Street – 6/9/10
It looked like Wednesday was going to be an up day, with stocks rising on generally optimistic comments before Congress by Fed chief Ben...
Stocks end sharply lower; technology hardest hit
Stocks tumbled Tuesday as investors fretted the limits of the Fed's monetary policy. The Dow Jones Industrial Average fell 101.37 points, or 0.8%, to...
Stocks decline sharply after Fed signal
Stocks fell sharply on Wednesday, prolonging the Dow Jones Industrial Average's longest losing streak this year, after the Federal Reserve signaled it remained on...
Nexstar Shares Roar Back Past $100 Mark
It was only a matter of time for Nexstar Media Group shares to recover from their COVID-19 influenced slump on the Nasdaq GlobalSelect market. Who knew that the amount of time it would take for NXST to achieve that feat would be so short?
Greece helps grease the wheels for good trading day
The new leftist government in Greece was able to soothe its friends and neighbors in Europe in regard to its approach to debt problems,...
Tuesday brought a stock rebound – 6/14/11
A favorable report on retail sales gave Wall Street reason to celebrate after Monday's sell-off. The Dow Jones Industrial Average rose 123 points, or...
Market went nowhere on Thursday – 1/5/12
The private-sector ADP National Employment Report for December was better than expected. But continued worries about the Euro zone kept downward pressure on US...
Oil up, stocks down on Friday – 4/8/11
A spike in oil prices sent stock prices, particularly transportation issues, lower on Friday. The Dow Jones Industrial Average fell 29 points, or 0.2%,...