Breaking News Instant updates and real-time market news.

ETM

Entercom

$13.00

0.21 (1.64%)

, BBGI

Beasley Broadcast

$5.10

-0.1269 (-2.43%)

09:04
10/18/16
10/18
09:04
10/18/16
09:04

Entercom to buy four radio stations from Beasley Broadcast for $24M in cash

Entercom Communications Corp. (ETM) announced an agreement to acquire four radio stations in Charlotte, NC from Beasley Broadcast Group, Inc. (BBGI) for $24 million in cash. Beasley is selling the stations to comply with FCC ownership limitations related to its previously announced acquisition of Greater Media, Inc. The Company expects to being operating WLNK-FM and WBT AM/FM under a time brokerage agreement starting November 1 and will begin operating WFNZ-AM under a TBA on January 1, 2017 if the acquisition has not already closed. The transaction is expected to close in either late fourth quarter or early in the first quarter of 2017.

ETM

Entercom

$13.00

0.21 (1.64%)

BBGI

Beasley Broadcast

$5.10

-0.1269 (-2.43%)

  • 07

    Nov

ETM Entercom
$13.00

0.21 (1.64%)

12/11/15
SPHN
12/11/15
INITIATION
Target $12
SPHN
Equal Weight
Entercom initiated with an Equal Weight at Stephens
Stephens analyst Kyle Evans started Entercom with an Equal Weight rating and $12 price target.
12/11/15
12/11/15
INITIATION

On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: ACI Worldwide (ACIW) initiated with a Neutral at Credit Suisse... Alliance Data (ADS) initiated with a Neutral at Credit Suisse... Apple (AAPL) initiated with an Outperform at BMO Capital... B&G Foods (BGS) initiated with a Neutral at DA Davidson... Blackhawk (HAWK) initiated with an Outperform at Credit Suisse... Brocade (BRCD) initiated with a Market Perform at BMO Capital... CSRA (CSRA) initiated with an Outperform at Raymond James... Cardtronics (CATM) initiated with a Neutral at BofA/Merrill... Cempra (CEMP) initiated with a Buy at Janney Capital... Dean Foods (DF) initiated with a Neutral at DA Davidson... Demandware (DWRE) initiated with a Buy at Goldman... Entercom (ETM) initiated with an Equal Weight at Stephens... FIS (FIS) initiated with a Neutral at Credit Suisse... First Data (FDC) initiated with a Neutral at Credit Suisse... Fiserv (FISV) initiated with a Neutral at Credit Suisse... FleetCor (FLT) initiated with a Neutral at Credit Suisse... Franco-Nevada (FNV) initiated with a Hold at Deutsche Bank... Global Payments (GPN) initiated with an Outperform at Credit Suisse... HP Enterprise (HPE) initiated with an Outperform at BMO Capital... HP Inc. (HPQ) initiated with a Market Perform at BMO Capital... Hain Celestial (HAIN) initiated with a Buy at Wunderlich... Heartland Payment (HPY) initiated with an Outperform at Credit Suisse... Hortonworks (HDP) initiated with a Buy at Goldman... Kosmos (KOS) initiated with a Neutral at Goldman... Lifeway Foods (LWAY) initiated with a Buy at DA Davidson... Madison Square Garden (MSG) initiated with a Buy at Guggenheim... Marketo (MKTO) initiated with a Neutral at Goldman... MicroStrategy (MSTR) initiated with a Buy at Mizuho... Milestone Scientific (MLSS) initiated with a Buy at Maxim... NetApp (NTAP) initiated with a Market Perform at BMO Capital... New Relic (NEWR) initiated with a Neutral at Goldman... Nimble Storage (NMBL) initiated with a Market Perform at BMO Capital... NxStage Medical (NXTM) initiated with a Buy at Sterne Agee CRT... PayPal (PYPL) initiated with an Outperform at Credit Suisse... Pinnacle Foods (PF) initiated with a Neutral at DA Davidson... Pure Storage (PSTG) initiated with an Outperform at BMO Capital... Qlik Technologies (QLIK) initiated with a Buy at Goldman... Royal Gold (RGLD) initiated with a Buy at Gabelli... Seagate (STX) initiated with a Market Perform at BMO Capital... ServiceNow (NOW) initiated with a Neutral at Goldman... Splunk (SPLK) initiated with a Neutral at Goldman... Strongbridge Biopharma (SBBP) initiated with a Buy at Janney Capital... Tableau (DATA) initiated with a Neutral at Goldman... Tahoe Resources (TAHO) initiated with an Overweight at JPMorgan... Teradata (TDC) initiated with a Sell at Goldman... Total System (TSS) initiated with an Underperform at Credit Suisse... Townsquare Media (TSQ) nitiated with an Overweight at Stephens... Twitter (TWTR) initiated with an Underperform at CLSA... Vantiv (VNTV) initiated with an Outperform at Credit Suisse... Verifone (PAY) initiated with a Neutral at Credit Suisse... WEX Inc. (WEX) initiated with an Outperform at Credit Suisse... Western Digital (WDC) initiated with a Market Perform at BMO Capital... WhiteWave (WWAV) initiated with a Hold at Wunderlich... Yamana Gold (AUY) initiated with an Overweight at JPMorgan... Zendesk (ZEN) initiated with a Buy at Goldman.
05/03/16
WELS
05/03/16
NO CHANGE
WELS
Entercom reported 'great' Q1 results, says Wells Fargo
Wells Fargo notes that Entercom's Q1 same station revenue excluding political came in above expectations. The firm thinks that the company is gaining share, while its stations are executing very well. It keeps an Outperform rating on the shares.
BBGI Beasley Broadcast
$5.10

-0.1269 (-2.43%)

TODAY'S FREE FLY STORIES

VDNRF

Vedanta Resources

10:41
04/25/17
04/25
10:41
04/25/17
10:41
Downgrade
Vedanta Resources rating change  »

Vedanta Resources…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EXPE

Expedia

$134.14

2.16 (1.64%)

10:41
04/25/17
04/25
10:41
04/25/17
10:41
Options
Notable pre-earnings option play in Expedia »

Notable pre-earnings…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

  • 16

    May

10:40
04/25/17
04/25
10:40
04/25/17
10:40
General news
Treasury Option Action: a round of positioning »

Treasury Option Action: a…

JBLU

JetBlue

$21.75

0.22 (1.02%)

, EADSY

Airbus

$20.02

0.84 (4.38%)

10:39
04/25/17
04/25
10:39
04/25/17
10:39
Hot Stocks
JetBlue says fleet review 'going to take a little bit of time' »

JetBlue (JBLU) says…

JBLU

JetBlue

$21.75

0.22 (1.02%)

EADSY

Airbus

$20.02

0.84 (4.38%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

MRAM

Everspin Technologies

$9.29

0.14 (1.53%)

, SSNLF

Samsung

10:38
04/25/17
04/25
10:38
04/25/17
10:38
Periodicals
Samsung to give new MRAM memory details next month, Patently Apple says »

Following on a report…

MRAM

Everspin Technologies

$9.29

0.14 (1.53%)

SSNLF

Samsung

IBM

IBM

$161.45

0.7 (0.44%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

  • 18

    May

AVXS

AveXis

$79.18

2.42 (3.15%)

10:37
04/25/17
04/25
10:37
04/25/17
10:37
Hot Stocks
AveXis says AVXS-101 appears to have favorable safety profile in Phase 1 trial »

AveXis presented results…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

  • 06

    Jun

TSLA

Tesla

$308.03

2.43 (0.80%)

10:35
04/25/17
04/25
10:35
04/25/17
10:35
Periodicals
Union workers claim Tesla illegally intimidated them, BuzzFeed says »

The United Automobile…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 03

    May

  • 30

    May

AEP

American Electric

$67.86

-0.11 (-0.16%)

10:35
04/25/17
04/25
10:35
04/25/17
10:35
Hot Stocks
American Electric says to invest $17.3B in capital over next three years »

American Electric Power…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

  • 27

    Apr

10:35
04/25/17
04/25
10:35
04/25/17
10:35
General news
U.S. consumer confidence fell to a still-robust 120.3 »

U.S. consumer confidence…

FCX

Freeport McMoRan

$13.19

0.955 (7.81%)

10:34
04/25/17
04/25
10:34
04/25/17
10:34
Hot Stocks
Freeport McMoRan says near-term debt situation ins manageable »

At some point looking…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

JBLU

JetBlue

$21.75

0.22 (1.02%)

, EADSY

Airbus

$20.02

0.84 (4.38%)

10:31
04/25/17
04/25
10:31
04/25/17
10:31
Hot Stocks
JetBlue says early A321NEOs have Pratt & Whitney GTF engines »

JetBlue says "We…

JBLU

JetBlue

$21.75

0.22 (1.02%)

EADSY

Airbus

$20.02

0.84 (4.38%)

UTX

United Technologies

$117.06

0.74 (0.64%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

  • 26

    Apr

BIIB

Biogen

$276.86

3.92 (1.44%)

10:31
04/25/17
04/25
10:31
04/25/17
10:31
Recommendations
Biogen analyst commentary  »

With Spinraza 'just…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

  • 31

    May

UNXL

Uni-Pixel

$0.80

-0.01 (-1.23%)

10:31
04/25/17
04/25
10:31
04/25/17
10:31
Options
Uni Pixel with higher call volume »

Uni Pixel with higher…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    May

10:30
04/25/17
04/25
10:30
04/25/17
10:30
General news
The 5.8% March U.S. new home sales surge »

The 5.8% March U.S. new…

EAT

Brinker

$43.93

-1.53 (-3.37%)

10:29
04/25/17
04/25
10:29
04/25/17
10:29
Hot Stocks
Brinker says 'comfortable' with guidance provided for FY17 »

Management said on the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

  • 03

    May

JBLU

JetBlue

$21.75

0.22 (1.02%)

10:28
04/25/17
04/25
10:28
04/25/17
10:28
Hot Stocks
Breaking Hot Stocks news story on JetBlue »

JetBlue says committed to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

JBLU

JetBlue

$21.75

0.22 (1.02%)

, ERJ

Embraer

$19.51

-0.2483 (-1.26%)

10:27
04/25/17
04/25
10:27
04/25/17
10:27
Hot Stocks
Breaking Hot Stocks news story on JetBlue, Embraer »

JetBlue says timing…

JBLU

JetBlue

$21.75

0.22 (1.02%)

ERJ

Embraer

$19.51

-0.2483 (-1.26%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

QQQ

PowerShares QQQ Trust

$134.16

1.6 (1.21%)

10:27
04/25/17
04/25
10:27
04/25/17
10:27
Technical Analysis
PowerShares QQQ Trust hits fresh 52-week highs »

The breakout that began…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FCX

Freeport McMoRan

$13.15

0.9153 (7.48%)

10:27
04/25/17
04/25
10:27
04/25/17
10:27
Hot Stocks
Breaking Hot Stocks news story on Freeport McMoRan »

Freeport says Indonesia…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

C

Citi

$60.29

0.85 (1.43%)

10:26
04/25/17
04/25
10:26
04/25/17
10:26
Hot Stocks
Citi confirms receipt of CMA license in Saudi Arabia »

The Saudi Arabian Capital…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

  • 31

    May

  • 25

    Jul

FCX

Freeport McMoRan

$13.15

0.9153 (7.48%)

10:26
04/25/17
04/25
10:26
04/25/17
10:26
Hot Stocks
Breaking Hot Stocks news story on Freeport McMoRan »

Freeport says Indonesia…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

JBLU

JetBlue

$21.75

0.22 (1.02%)

, ERJ

Embraer

$19.51

-0.2483 (-1.26%)

10:26
04/25/17
04/25
10:26
04/25/17
10:26
Hot Stocks
JetBlue aiming for CASM ex-fuel flat to up 1% for 2018-2020 »

JetBlue (JBLU) says…

JBLU

JetBlue

$21.75

0.22 (1.02%)

ERJ

Embraer

$19.51

-0.2483 (-1.26%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

BBRY

BlackBerry

$9.29

0.21 (2.31%)

10:26
04/25/17
04/25
10:26
04/25/17
10:26
Options
BlackBerry call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

LLY

Eli Lilly

$81.41

-2.01 (-2.41%)

10:26
04/25/17
04/25
10:26
04/25/17
10:26
Hot Stocks
Eli Lilly says hasn't contemplated scenario to not pursue baricitinib in RA »

On Eli Lilly's Q1…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

  • 04

    May

  • 07

    May

  • 31

    May

10:25
04/25/17
04/25
10:25
04/25/17
10:25
General news
U.S. Richmond Fed manufacturing index dipped to 20 in April »

U.S. Richmond Fed…

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.