|Bid||27.80 x 100|
|Ask||35.05 x 100|
|Day's Range||33.03 - 33.45|
|52 Week Range||26.70 - 43.05|
|PE Ratio (TTM)||11.62|
|Forward Dividend & Yield||0.72 (2.40%)|
|1y Target Est||N/A|
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last month, growth of ETFs holding SBGI is favorable, with net inflows of $5.09 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
To Sinclair Broadcast's many critics, the FCC is acting out of political favoritism. To Chairman Ajit Pai, it's simply doing what he promised he'd do.
The FCC moved one step closer to potentially raising the national cap on corporate television station ownership, a move that would likely spur more consolidation in the local television industry.
Federal Communications Commission Chairman Ajit Pai said the agency will consider altering and possibly killing a national limit on TV station ownership, in a move that may lead to more media mergers such ...
The Federal Communications Commission, the US government office that regulates the media, voted today (Nov. 16) to roll back rules dating back to 1975 designed to make sure American citizens had diverse sources of news. After the FCC vote, companies that control a television broadcast station in one market can now own newspapers there as…
The U.S. Federal Communications Commission on Thursday voted to remove key roadblocks to increased consolidation among media companies, potentially unleashing new deals among TV, radio and newspaper owners as they seek to better compete with online media. The Republican-led FCC voted 3-2 to eliminate the 42-year-old ban on cross-ownership of a newspaper and TV station in a major market. It also voted to make it easier for media companies to buy additional TV stations in the same market, and for local stations to jointly sell advertising time and for companies to buy additional radio stations in some markets.
Announcement: Moody's: Looser local media ownership rules will benefit US television broadcasters. Global Credit Research- 16 Nov 2017. New York, November 16, 2017-- The US Federal Communication Commission's ...
A divided Federal Communications Commission approved a new TV broadcast standard backed by Sinclair Broadcast Group Inc., sparking renewed criticism that the agency is favoring the company -- a notion ...
A divided Federal Communications Commission approved a new TV broadcast standard that promises better pictures and interactive services while posing costs for consumers and letting broadcasters harvest ...
The U.S. Federal Communications Commission on Thursday voted to undo key roadblocks to increased consolidation among media companies, potentially unleashing new deals among TV, radio and newspaper owners as they seek to better compete with online media. The Republican-led FCC voted 3-2 to eliminate the 42-year-old ban on cross-ownership of a newspaper and TV station in a major market and to make it easier for media companies to buy additional TV stations in the same market, and for local stations to jointly sell advertising time and for companies to buy additional radio stations in some markets. Big media companies including Tegna Inc, CBS Corp and Nexstar Media Group Inc have cited the rule change as motivating them to consider expansion opportunities.
Sinclair Broadcast Group Inc. plans to add 367 new jobs over the next six years through an aggressive expansion of its Hunt Valley operations. The nation's largest broadcaster says it will invest $12 million into its headquarters and hopes to have 700 full-time employees in Baltimore County by the end of 2023. Sinclair is in the midst of a growth plan, which includes a planned $3.9 billion acquisition of Tribune Media Co.
Two U.S. House Democrats on Monday asked the Federal Communications Commission inspector general to probe whether FCC Chairman Ajit Pai was biased in favor of Sinclair Broadcast Group, which is seeking approval of a $3.9 billion acquisition of Tribune Media Co . Representatives Frank Pallone and Elijah Cummings cited FCC decisions that benefited Sinclair, the largest U.S. television broadcast group, and a media report last year that the election campaign of President Donald Trump struck a deal with Sinclair for favorable coverage.
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Sinclair Broadcast Group, Inc.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average ... Read more (Read more...)
Four state attorneys general urged the Federal Communications Commission to reject Sinclair Broadcast Group Inc's proposed $3.9 billion acquisition of Tribune Media Co, marking the latest hurdle for the controversial tie-up. Sinclair, the largest U.S. television broadcast group 92 stations, announced plans in May to acquire Tribune's 42 TV stations in 33 markets as well as cable network WGN America, extending its reach to 72 percent of American households. The deal has been criticized by Democrats, Dish Network Corp and some conservative media outlets.
The TV station owner, in reporting third-quarter earnings, pushes out expectations to close its $3.9 billion acquisition of Tribune Media to early 2018.
FBR Capital Markets TV station stocks, valued by the market as if they will be dead in eight years or less, are, we believe, much better than that. Valuations absurdly miss the mark on this appealing sector.
The former Fox News star has been looking for a new gig since being ousted in April amid allegations of sexual harassment, but Sinclair was not interested in hiring him.
Sinclair Broadcast Group Inc. on Wednesday reported third-quarter earnings that fell short of Wall Street's expectations. The broadcasting company reported net income of $30.6 million, or 30 cents per ...
Telecommunications provider CenturyLink Inc (CTL.N) on Monday won anti-trust approval from the U.S. Federal Communications Commission for its purchase of Level 3 Communications Inc (LVLT.N), the agency said. With the $24 billion deal, CenturyLink said it is seeking to expand its reach in the business communications market and compete with AT&T Inc (T.N) and Verizon Communications Inc (VZ.N). CenturyLink said in a statement it had received all needed approvals and planned to close the deal on Wednesday.
The FCC could cut regulations meant to keep massive media conglomerates from dominating the airwaves, which means fewer independent voices.
Sinclair Broadcast Group Inc. has prospered in Washington since President Donald Trump took office, as policy changes open a path for the conservative-leaning broadcaster to expand nationwide.
The U.S. Federal Communications Commission wants to rollback landmark media ownership regulations that prohibit owning a television station and newspaper in the same market and making it easier to acquire additional TV or radio stations, Chairman Ajit Pai said on Wednesday. If approved at the FCC's November meeting, the move would be a win for newspapers and broadcasters that have pushed for the change for decades, but was criticized by Democrats who said it could usher in a new era of media consolidation. The FCC in 1975 banned cross-ownership of a newspaper and broadcast station in the same market, unless it granted a waiver, to ensure a diversity of opinions.
When then-presidential candidate Donald Trump banned the Washington Post from campaign events, the paper didn’t stop covering them. Instead, reporter Jenna Johnson covered the rallies with the audience. ...