|Bid||29.60 x 800|
|Ask||29.65 x 2200|
|Day's Range||29.60 - 30.05|
|52 Week Range||26.50 - 40.15|
|PE Ratio (TTM)||5.21|
|Earnings Date||Aug 8, 2018|
|Forward Dividend & Yield||0.72 (2.49%)|
|1y Target Est||50.00|
The U.S. Federal Communications Commission said on Monday it wants additional comments on Sinclair Broadcast Group Inc's (SBGI.O) planned $3.9 billion (£2.9 billion) acquisition of Tribune Media Co (TRCO.N) and disclosed it does not expect to make a decision before July 12. Sinclair said in April it would divest 23 television stations in a bid to win government approval but would still need FCC permission to own more than one station in some markets. The FCC will take comments and responses through July 12.
The U.S. Federal Communications Commission said on Monday it wants additional comments on Sinclair Broadcast Group Inc's planned $3.9 billion acquisition of Tribune Media Co and disclosed it does not expect to make a decision before July 12. Sinclair said in April it would divest 23 television stations in a bid to win government approval but would still need FCC permission to own more than one station in some markets. The FCC will take comments and responses through July 12.
BALTIMORE , May 21, 2018 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that 18 of its newsrooms have earned at total of 222 Emmy® nominations so far this year. The National Academy ...
Today I will be providing a simple run-through of the discounted cash flows (DCF) method to estimate the attractiveness of Sinclair Broadcast Group Inc (NASDAQ:SBGI) as an investment opportunity. IfRead More...
Milwaukee Fox television affiliate WITI-TV (Channel 6) will remain with the network after the station is sold to Sinclair Broadcast Group.
Walmart is making a $16 billion bet on India's booming economy. Walmart and Amazon have been fighting to catch up. Major companies could see billions of dollars in commercial deals canceled because of the U.S. decision to reinstall sanctions on Iran, experts say.
Fox’s acquisition of seven Sinclair TV stations will bolster Fox after Disney buys its entertainment assets and smooth the way for Sinclair’s acquisition of Tribune.
NEW YORK (AP) — Media company Twenty-First Century Fox has agreed to buy seven TV stations from Sinclair Broadcast Group for $910 million.
The Hunt Valley broadcaster reported earnings of $43.1 million, or 42 cents per share, compared to $57.2 million, or 61 cents per share, in the first quarter a year ago.
The Tribune Media purchase, which has faced regulatory scrutiny, was originally valued at $3.9 billion when it was announced in May 2017. Wednesday, Sinclair said the combined company will reach 62% of U.S. TV households if the deal closes, well below the 72% of U.S. TV households that was originally expected.
Sinclair Broadcast Group Inc. said it will sell seven TV stations to Fox Broadcasting Co. in a move to win regulators’ approval of its proposed merger with Tribune Media Co. The seven stations being sold, in markets such as Miami and Seattle, are part of a batch of 23 stations identified for sale last month by the Maryland-based broadcaster, which needs approval from the Federal Communications Commission and Justice Department antitrust authorities to complete the $3.9 billion purchase it proposed in May 2017. The Justice Department is “wrapping up” its vetting of station buyers, and Sinclair wants to move on to FCC approval “very shortly,” Chief Executive Officer Chris Ripley told investors.
Twenty-First Century Fox Inc said on Wednesday it agreed to buy seven television stations from Sinclair Broadcast Group Inc for about $910 million. The company said the deal would grow Fox Television Stations' ...
(Reuters) - Twenty-First Century Fox Inc (FOXA.O) said on Wednesday it agreed to buy seven television stations from Sinclair Broadcast Group Inc (SBGI.O) for about $910 million (670 million pounds). The ...
The Hunt Valley, Maryland-based company said it had profit of 42 cents per share. Earnings, adjusted for non-recurring costs, came to 46 cents per share. The results did not meet Wall Street expectations. ...
Sinclair Broadcast Group Inc. said Wednesday that Fox Broadcasting Co. is a purchaser, along with Standard Media Group, LLC (an affiliate of Standard General L.P.), Meredith Corporation , Howard Stirk and Cunningham Broadcasting Corporation, of certain TV stations it is selling as part of its acquisition of Tribune Media Co., in a deal valued at $4.6 billion after divestitures. Sinclair said in April it was selling about 23 stations to a group of buyers, one of which was not disclosed at the time.
BALTIMORE , May 9, 2018 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share on the Company's Class ...
Transaction will expand reach of Fox Television Stations to nearly half of all US households and 19 of top-20 markets; Adds Key Sports Markets to Stations Footprint NEW YORK , May 9, 2018 /PRNewswire/ ...
- INCREASES REVENUE COMPARED TO PRIOR YEAR - REPORTS $0.42 DILUTED EARNINGS PER SHARE - DECLARES $0.18 QUARTERLY DIVIDEND PER SHARE BALTIMORE , May 9, 2018 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ...
Sinclair (And Licensees Of Certain Stations To Which It Provides Services) Also Reaches Agreement For Multi-Year Renewals Of 34 Fox Affiliations, Including All Tribune Fox Affiliations, And Obtains An ...
Meredith, Sinclair Broadcast Group, and Nexstar Media Group are technology companies which share a common feature – they’re also great dividend stocks. The tech sector is known to be highlyRead More...