|Bid||25.00 x 200|
|Ask||29.95 x 1500|
|Day's Range||28.90 - 30.80|
|52 Week Range||26.70 - 41.15|
|PE Ratio (TTM)||5.14|
|Earnings Date||May 9, 2018|
|Forward Dividend & Yield||0.72 (2.44%)|
|1y Target Est||50.71|
Sinclair Broadcast Group Inc. dropped after judges questioned a rule change that made way for the broadcaster’s proposed acquisition of Tribune Media Co., raising the possibility of turmoil for the $3.9 billion deal. Judges at the U.S. Court of Appeals for the D.C. Circuit questioned why the Federal Communications Commission had reinstated a rule allowing owners of some TV stations to count just part of their audience when tallying holdings against a national limit of 39 percent. The issue is important to Sinclair’s proposed purchase of Tribune, which would leave it covering 72 percent of U.S. households -- or about 45 percent when counting half the audience as allowed under the embattled rule.
BALTIMORE, April 18, 2018 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (SBGI) will report its first quarter 2018 earnings results at 7:30 a.m. ET on Wednesday, May 9, 2018, followed by a conference call to discuss the results at 9:30 a.m. ET. If you cannot listen to the live webcast or participate in the live conference call, a replay of the call and the earnings release will be available on Sinclair Broadcast Group's web site at www.sbgi.net. Members of the news media will be welcome on the call in a listen-only mode. Key executives will be made available to members of the news media, time permitting, following the conference call.
NAB returned to its local broadcasting roots this year, with much chatter about ATSC 3.0 and the growth of automated ad buying for local broadcasters
Stock Monitor: Entravision Communications Post Earnings Reporting LONDON, UK / ACCESSWIRE / April 13, 2018 / Active-Investors.com has just released a free earnings report on Sinclair Broadcast Group, Inc. ...
Twelve U.S. senators on Thursday asked the Federal Communications Commission to investigate Sinclair Broadcasting Group for "deliberately distorting news" and asked the commission to pause its ongoing review of the company's proposed $3.9 billion acquisition of Tribune Media Co. In a letter, the senators, 11 Democrats and independent Bernie Sanders, expressed concern about local news anchors at Sinclair-owned stations around the country being forced to read company-mandated scripts. "We are concerned that Sinclair is engaged in a systematic news distortion operation that seeks to undermine freedom of the press and the robust localism and diversity of viewpoint that is the foundation of our national broadcasting laws,” the senators wrote.
David Smith's recent interview with The Guardian comes as Hunt Valley-based Sinclair Broadcast Group faces an onslaught of criticism for having its TV anchors across the U.S. read company-mandated scripts lashing out about "fake news."
Sinclair Broadcast Group is encountering resistance from the Federal Communications Commission as it seeks approval for its $3.9 billion acquisition of Tribune Media.
ST. LOUIS (AP) — A conservative commentator who sent a tweet saying he would use "a hot poker" to sexually assault an outspoken 17-year-old survivor of the Florida high school shooting has resigned from a St. Louis TV station and been taken off the radio after several advertisers withdrew from his shows.
NEW YORK (AP) — The Sinclair Broadcast Group attacked CNN on Tuesday for what it considers hypocrisy about the chain's recent directive to local news anchors to read a message to viewers denouncing fake news.
According to The Wall Street Journal, Sinclair wants to sell WPIX-TV New York to a company it has close ties with.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 20. Index (PMI) data, output in the Consumer Services sector is rising.
TIP Initiative , a consortium of local television broadcasters including Nexstar Media Group, Sinclair Broadcast Group, TEGNA, Tribune Media and Hearst Television, today announced the release of an updated framework for standards-based transaction interfaces, highlighting the progress the work group has made toward its goal of accelerating electronic advertising transactions for local TV broadcasters ...
Newscasters at 200 US local TV news stations recently read out a prepared script . Ostensibly the message was about the purported bias of rival media. Critics howled it was more reflective of the rightwing ...
LAS VEGAS , April 6, 2018 /PRNewswire/ -- India based OTT/Cloud solutions company Gaian Solutions, Sinclair Broadcast Group (Nasdaq: SBGI) ("Sinclair") and its subsidiary ONE Media 3.0, LLC this ...
Sinclair Broadcast Group Inc. shares are on track to close at less than $30 for the first time since Nov. 8.
BALTIMORE, April 4, 2018 /PRNewswire/ -- Executives from Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), (the "Company," "Sinclair") will be honored with prestigious awards at the 2018 National Association for Broadcasters (NAB) Show next week in Las Vegas. In addition, members of the Company's leadership team will participate in many important panel discussions during the NAB Show, while the ONE Media and Sinclair teams will host ATSC 3.0 demonstrations. "Congratulations to Mark and Rob, on these well-deserved recognitions," said Chris Ripley, Sinclair's President and Chief Executive Officer.
President Donald Trump on Tuesday said he plans to order the U.S. military to guard the southern border, as he continued his attack on Amazon and touted a poll that showed his approval rating at 50%.
President Donald Trump’s been expressing support for Sinclair Broadcast Group Inc., but that hasn’t insulated the conservative-leaning broadcaster from a wider market slump.