|Bid||46.18 x 800|
|Ask||46.37 x 2200|
|Day's Range||46.11 - 46.40|
|52 Week Range||32.52 - 46.53|
|Beta (3Y Monthly)||-0.03|
|PE Ratio (TTM)||10.68|
|Forward Dividend & Yield||1.00 (2.16%)|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") affirmed Scripps (E.W.) Company (The)'s ("Scripps") B1 corporate family rating (CFR) and B1-PD probability of default rating (PDR). Concurrently, Moody's upgraded the rating on the company's senior secured bank credit facility to Ba2 from Ba3 and affirmed the B3 rating on the company's senior unsecured notes.
Twenty years ago, Jason Mudrick launched his own distressed credit and event driven-oriented hedge fund, Mudrick Capital Management. The fund is headquartered in New York City, and its current Chief Investment Officer is its founder. At the time of the launching, the fund had around $5 million of initial capital and over the years, it […]
Shares in Sinclair Broadcast Group Inc fell by 1.6% after the U.S. Federal Communications Commission disclosed it has opened an investigation into whether the company misled the agency in its failed effort to win approval for a $3.9 billion bid to purchase Tribune Media Co. In a June 25 letter to Sinclair posted Wednesday on the FCC’s website, the government agency's media bureau directed Sinclair to answer a series of questions by July 9. On Thursday, the letter had been removed from the FCC's website.
The Federal Communications Commission has opened a new investigation into whether Sinclair Broadcast Group Inc engaged in misrepresentations or a lack of candor in its failed effort to win approval for a $3.9 billion bid to purchase Tribune Media Co. Sinclair did not immediately respond to a Reuters request for comment. An administrative judge in March dropped a hearing into allegations that Sinclair, the largest U.S. broadcast station owner, may have misled regulators.
Earlier this week, money managers at top hedge funds around the country submitted 13F filings with the U.S. Securities and Exchange Commission (SEC). Seth Klarman, the billionaire head of Baupost Group, is a favorite of those who closely follow the quarterly 13F releases, and for good reason: his firm's 13F filing for Q2 suggests that Baupost's 13F portfolio value climbed by more than $1 billion in that three-month period. Other new positions in Klarman's portfolio include Tribune Media Co. (TRCO) and Sinclair Broadcast Group Inc. (SBGI).
The Insider Monkey team has completed processing the quarterly 13F filings for the March quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]
Moody's Investors Service ("Moody's") today affirmed the B1 corporate family rating (CFR) and B1-PD probability of default rating (PDR) of Nexstar Broadcasting, Inc. (Nexstar). Moody's also assigned Ba3 ratings to the proposed $700 million Term Loan A and $3,040 million Term Loan B and a B3 to the proposed $1,120 million in senior unsecured notes due 2027.
Real estate billionaire Sam Zell and other former officers and directors of Tribune Co have reached a $200 million settlement resolving allegations of fraudulent transactions related to the media company's disastrous 2007 leveraged buyout. Marc Kirschner, a litigation trustee representing Tribune creditors, filed the proposed settlement on May 31 with the U.S. bankruptcy court in Wilmington, Delaware. Lawyers for Zell and FitzSimons did not immediately respond on Wednesday to requests for comment.
Marc Kirschner, a litigation trustee representing Tribune creditors, filed the proposed settlement on May 31 with the U.S. bankruptcy court in Wilmington, Delaware. Lawyers for Zell and FitzSimons did not immediately respond on Wednesday to requests for comment.
Tribune Media Co NYSE:TRCOView full report here! Summary * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for TRCO with fewer than 5% of shares on loan. 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. Money flowETF/Index ownership | NeutralETF activity is neutral. The $1.87 billion in inflows that ETFs holding TRCO received over the last one-month is a decline from earlier in the period and among the weakest of the past year. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Channel 9's morning news product is cut from a different template than most, and it's yielding great results.
NBC owned-and-operated Channel 5 looks to have benefited from a May in which political change was big news in Chicago.
TEGNA's (TGNA) first-quarter 2019 results benefit from increase in subscription revenues, partially offset by lack of political, Olympic and Super Bowl revenues.
On a per-share basis, the Chicago-based company said it had profit of $1.27. Earnings, adjusted for one-time gains and costs, were 60 cents per share. The operator of the WGN America network and local ...