Saga Communications, Inc.

What’s In Store For Saga In Q4?

Saga Communications revealed Monday that it will release its Q4 and year-end 2018 results at 9am Eastern on Tuesday, March 12. What should investors expect from this small- and mid-sized market player?
Wall Street / Trading Floor

Beasley Ends Week With Downward Momentum

Beasley Media Group shares ended the trading week on a down note as Wall Street prepared for a three-day weekend in observance of Washington's Birthday on Monday, a holiday for the U.S. government and for financial markets. Who else was down, or up?
Wall Street

Divergent Days On Wall Street For Two Former ‘Debt Bombs’

Wednesday was a strong day on the OTC Pink trading desk for the nation's No. 1 owner of radio stations. Today ... it was an ugly one. Meanwhile, Cumulus Media shares soared 5.8% following yesterday's big announcement that it was paring down assets to lower its leverage while adding three FMs in Indianapolis.

The Soaring iHeart Stock Story

Don't look now, but iHeartMedia stock is on a hot growth streak. At the Closing Bell on Wednesday, the company soon to emerge from debtor-in-possession status saw its stock price jump another 12 cents -- an 8% gain. It's now at $1.60.
Pile of Money

Entercom Latest To Affirm Q4 Release Date

How will 2018, and the final three months of last year, shape up for one big radio broadcasting company? We will have all of the answers in 10 days.
Wall Street / Trading Floor

Mixed Monday On Wall Street As iHeart Soars

The Dow Jones Industrial Average was down 53.22 points, to 25,053.11, while Nasdaq gained 9.71 points, to 7,307.90. How did media stocks fare? The nation's No. 1 radio company by number of stations, iHeartMedia, is on a very strong rebound ahead of its emergence from bankruptcy.
Money

Quarterly Report Roundup: Meredith, Univision Set Dates

Earnings season is upon us, and two more media companies have announced when they will release their latest quarterly financial reports, and hold their conference calls for Wall Street analysts and shareholders.

CBS Secures Annual Shareholders Meeting Date

The Board of Directors of CBS Corporation has finalized the date for its 2019 Annual Meeting of Stockholders. Will it have a new chief executive by then? And, could rumors regarding a reunification with Viacom be on the agenda?
Wall Street

Stocks Slip in Mid-Week Trading

Wednesday saw soft declines on Wall Street, as the Dow Jones Industrial Average slipped 14.84 points to 25,396.88 and Nasdaq was down 21.31, to 7,380.77. How did media shares fare? We have a quick rundown of the day's activity.

Wall Street Strong Ahead Of State Of The Union

U.S. financial markets enjoyed a positive session on Wall Street, ahead of President Trump's second State of the Union address this evening at the Capitol. At the Closing Bell, the Dow Jones Industrial Average was up 172.15 points to 25,411.52. Nasdaq was up 54.55, to 7402.08. How did media stocks fare?
Meredith

With Less Debt, Meredith Corp. Raises Its Dividend

The company's stock is roughly in the median range of its overall performance seen in the last five years. Yet, Meredith Corp. is whittling down its millions in debt. As such, its Board of Directors believes the company is on the right track toward future growth, and is rewarding its shareholders accordingly.

Another Strong Session For Nexstar On Indy Duopoly News

Nexstar Media Group enjoyed another up day on Wall Street today, as the broadcast TV station owner seeking to merge with Tribune Broadcasting revealed that it seeks to keep its duopoly situation in Indianapolis intact following the acquisition.
E.W. Scripps Company

Scripps Schedules Q4, FY 18 Results As Stock Surges

If current trends on Wall Street continue, The E.W. Scripps Co. will be sharing its Q4 and full-year 2018 results with its stock on the rise and full momentum ahead for a strong 2019. Since the start of the year, shares are up more than $2.50 -- and at their healthiest point in more than a year.
Wall Street / Trading Floor

Mixed Day For Media Stocks

U.S. financial markets were mixed on Thursday, with the Dow Jones Industrial Average down 6.30 points, to 25,008.56. Nasdaq was up 98.66, to 7,281.74. How did media stocks fare? Beasley was down.

CBS Dividend As Shares Sputter Below $50 Threshold

With its shares slipping below the important $50 mark, CBS Corp.'s Board of Directors went ahead and approved a quarterly dividend on the company's stock. At the closing bell on Wall Street, CBS was trading at $49.47 — and has been struggling to get above a price seen just once since February 2016.

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