Small Gains Add Up For Townsquare On Wall Street
September has been a strong month for Townsquare Media shares on Wall Street. With today's close, it is again over $7, keeping TSQ at or close to its year-to-date high.
Will Cumulus Beat The Street In Q3?
With a widely known consensus outlook that indicates a year-over-year decline in Q3 earnings, due to lower revenues, Zacks Media Research says it is important to view how Cumulus Media's actual results compare to these forecasts. Look for CMLS to soar if the company beats the Street.
Gray Grab For Insurance Company As Stock Hits Six-Month High
An SEC filing indicates that a subsidiary of Atlantic American Corp. is now a significant shareholder of Gray Television stock. The company's shares were in positive territory for all of Thursday, closing up 3.4% to $21.45 — its highest price since early May.
Stocks Dip Despite Positive Jobs Report
A January 2020 employment report showing 225,000 new positions created in the month -- greatly besting economic forecasts and flying in the face of widely reported layoffs at such companies as iHeartMedia -- couldn't deter a downswing for general indices on Wall Street. How did radio and TV stocks perform on Friday?
These Are The Media Stocks That Bucked Another Wall Street Dip
Friday's signing of a federal coronavirus stimulus package did nothing to fed off the latest sell-off of stocks on Wall Street. The Dow Jones Industrial Average was down 915.39 points, to 21,636.78. Nasdaq was off 295.16 points,to 7,502.38. Many radio and TV issues were down. But, some companies were actually on the rise.
Potential COVID-19 Vaccine, Possible Stimulus Dollars Boost Stocks
An experimental COVID-19 vaccine from Moderna Inc. has showed promising results in a tiny early-stage trial. But that, and the HEROES Act's House passage, buoyed investors on Monday, with the Dow 30 rising 911.85 points to 24,597.37 and Nasdaq surging 220.27 points to 9,234.83.
Mixed Activity For Media Stocks On Wall Street
U.S. financial markets were largely downward on Thursday, as the Nasdaq and the Dow Industrials averages each lost ground. For media stocks, however, there was a lot of upward momentum.
Initial Closing Arrives For Cumulus’ Vertical Tower Deal
According to the Atlanta-based company, it earned $208 million in gross proceeds -- slightly lower than what the audio media operation that owns AM and FM stations and the Westwood One national radio business will earn once further closings are completed.
Sinclair Closes Private Offering of Senior Secured Notes
The broadcast TV station and regional sports network owner's wholly owned Sinclair Television Group has closed its previously announced private offering of $750 million aggregate principal amount of Senior Secured Notes due 2030.
A Quarterly Dividend is Approved by TEGNA’s Board
The Board of Directors for the company that owns such key NBC affiliates as WXIA-11 in Atlanta and WGRZ-2 in Buffalo has declared a dividend payable April 1. The news came ahead of the Closing Bell on Wall Street, which saw TEGNA shares reach close to $18 in a positive trading session for the broadcast TV company.
Stocks Bounce Back from Capital Gains Tax Worries
U.S. financial markets were largely in recovery mode on Friday, after concerns that the Biden Administration would increase capital gains taxes sent general indices down sharply on Thursday. How did media stocks fare?
Red-Colored Holiday Return On Wall Street
Radio and television broadcasting companies that publicly trade on Wall Street were largely down on Tuesday. For a quick glance at today's activity, click here -- and be sure to visit RBR.com's homepage each business day for a live look at prices from Nasdaq, the NYSE, and over-the-counter markets.
Urban One, With Its Stock Stabilizing, Sets Q3 Earnings Date
Add another third quarter earnings call for a broadcast media company to an already crowded November 4 slate. At 10am, company representatives from Urban One will share details of the multimedia operation's three-month period ending September 30.
As Retrans Battles Widen, TEGNA Sets Q4 ’21 Earnings Date
With a pair of retransmission consent disputes as a backdrop, TEGNA has selected the final day in February for hosting a conference call to discuss its Q4 and full-year 2021 fiscal results.
Gray Selects Its Q1 2022 Release Date
Gray Television has announced when it will release its earnings results for the quarter ending March 31, 2022. Could the results finally give Gray shares the spark they need to climb past the $25 mark?