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NXST

Nexstar

$62.35

0.75 (1.22%)

, SBGI

Sinclair Broadcast

$31.50

0.1 (0.32%)

07:06
08/08/17
08/08
07:06
08/08/17
07:06

Nexstar says 'excited' about consortium established with Sinclair Broadcast

Nexstar (NXST) says: "Looking forward, we are excited about the consortium established with Sinclair Broadcast Group (SBGI) to promote innovation and develop and explore products and services associated with ATSC 3.0. New ATSC 3.0 product and service offerings will create monetization opportunities such as virtual MVPD platforms, multicast channels, automotive applications, single frequency networks and wireless data applications, among others.... Our collaboration with Sinclair demonstrates Nexstar's commitment to making 'NextGen' television a reality for the communities and businesses we serve across America. Our research and analysis indicates that this market-based solution to the transition benefits broadcasters as well as television viewers who will soon have access to the enhanced over-the-air services of this new technology, thereby enabling us to remain highly competitive in today's multi-platform environment. With the operating momentum across our business and significant and growing net income and free cash flow, Nexstar has the financial flexibility to take a range of actions to enhance shareholder value including our return of capital initiatives through the quarterly cash dividend and share repurchases, leverage reduction and pursuing opportunistic, accretive tuck-in acquisitions."

NXST

Nexstar

$62.35

0.75 (1.22%)

SBGI

Sinclair Broadcast

$31.50

0.1 (0.32%)

  • 08

    Aug

  • 16

    Aug

NXST Nexstar
$62.35

0.75 (1.22%)

03/01/17
BNCH
03/01/17
NO CHANGE
Target $89
BNCH
Buy
Nexstar price target raised to $89 on M&A potential at Benchmark
Benchmark analyst Daniel Kurnos said Nexstar reported "solid" Q4 results and "perhaps more importantly" management was clear they plan to participate in the expected next wave of consolidation "aggressively," he tells investors in a post-earnings research note. The analyst, who expects accretive deals to continue to drive shares higher this year, raised his price target on Nexstar to $89 from $70 and keeps a Buy rating on the stock.
03/14/17
RBCM
03/14/17
INITIATION
Target $83
RBCM
Outperform
Nexstar initiated with an Outperform at RBC Capital
RBC Capital analyst Leo Kulp started Nexstar Media Group with an Outperform rating and $83 price target.
07/14/17
WELS
07/14/17
NO CHANGE
WELS
Nexstar Fox deal positive, says Wells Fargo
Wells Fargo says the market is failing to fully appreciate Nexstar's (NXST) deal with 21st Century Fox (FOXA). The analyst says that the OTT master agreement within the deal was positive and removes an overhang on Nexstar. Wells says that the company's management "is doing everything right," and it recommends buying the stock now.
07/26/17
WELS
07/26/17
DOWNGRADE
Target $76
WELS
Market Perform
Lamar Advertising downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo analyst Marci Ryvicker downgraded Lamar Advertising (LAMR) to Market Perform with a reduced price target of $76 citing the slow advertising environment and limited upside to AFFO. The shares may be range-bound until advertising meaningfully accelerates, the analyst contends. Ryvicker thinks Gray Television (GTN) and Nexstar (NXST) will have the best Q2 results in the Advertising space.
SBGI Sinclair Broadcast
$31.50

0.1 (0.32%)

05/04/17
WELS
05/04/17
NO CHANGE
WELS
Sinclair Broadcast weakness overdone, says Wells Fargo
Wells Fargo blamed the decline in Sinclair's (SBGI) stock on what it sees as the company's "soft" Q2 guidance and Time Warner's (TWX) comments about soft national ad trends. However, Wells says that Sinclair's reiteration of its 2017-2018 free cash flow guidance and "continued diversification" are more important. Wells says that the stock's weakness is overdone and keeps an Outperform rating on the stock.
05/08/17
WELS
05/08/17
NO CHANGE
WELS
Outperform
Wells Fargo likes Sinclair's acquisition of Tribune Media
Wells Fargo analyst Marci Ryvicker likes Sinclair Broadcast's acquisition of Tribune Media (TRCO). The deal was done at a "very attractive" multiple and is "clearly accretive" to free cash flow, Ryvicker tells investors in a research note. Applying 40% of free cash flow accretion per share, the analyst arrives at a "fair market value" price for Sinclair of $55 per share. The stock in early trading is up $1.12 to $38.08.
05/12/17
WELS
05/12/17
NO CHANGE
WELS
Sinclair Broadcast 'weakness completely unwarranted,' says Wells Fargo
After Sinclair (SBGI) announced that it had agreed to buy Tribune Media (TRCO) on May 8 and Tribune's stock fell over 5% since then, Wells Fargo calls Tribune's weakness "completely unwarranted." The firm says that the deal is significantly accretive to Sinclair's free cash flow. It adds that Sinclair is outperforming its peers in advertising ,while its leverage could drop to four times by 2018. Wells keeps an Outperform rating on Sinclair.
06/02/17
SPHN
06/02/17
NO CHANGE
SPHN
Overweight
Regulatory uncertainty may cause volatility for Sinclair, Tribune, says Stephens
Stephens analyst Kyle Evans noted that a federal court has temporarily delayed effectiveness of the FCC's decision to reinstate the UHF discount, which he said is critical for Sinclair Broadcast's (SBGI) deal to acquire Tribune Media (TRCO). The deal could be jeopardized if the court permanently blocked the UHF discount and regulatory uncertainty may cause volatility in the stocks, said Evans. The analyst reiterates his Overweight rating and $46 price target on Sinclair shares.

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CDTI

CDTi

$0.34

0.01 (3.08%)

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DUK

Duke Energy

$79.82

-0.81 (-1.00%)

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Duke Energy restored nearly 1.8M outages in NC, SC during past week »

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JNJ

Johnson & Johnson

$142.85

0.85 (0.60%)

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UAL

United Continental

$89.94

0.8 (0.90%)

17:39
09/21/18
09/21
17:39
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17:39
Periodicals
United pilots refuse contract changes on regional routes, Reuters says »

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  • 21

    Sep

XLE

Energy Select Sector SPDR

$75.11

0.5132 (0.69%)

, XLU

Utilities SPDR

$53.04

0.2049 (0.39%)

17:36
09/21/18
09/21
17:36
09/21/18
17:36
General news
Week ending ETF Scorecard: Materials outperform, Utlilites slump »

S&P500 SECTORS:…

XLE

Energy Select Sector SPDR

$75.11

0.5132 (0.69%)

XLU

Utilities SPDR

$53.04

0.2049 (0.39%)

IYR

DJ US Real Estate Index Fund

$81.88

-0.06 (-0.07%)

XLP

Consumer Staples Sector SPDR

$55.02

0.1285 (0.23%)

XLY

Consumer Discretionary Sector SPDR

$116.98

-0.4288 (-0.37%)

XLB

S&P Select Materials SPDR

$60.54

-0.1312 (-0.22%)

XLF

Financial Select Sector

$28.73

-0.1175 (-0.41%)

XLV

Health Care Select Sector SPDR

$94.26

0.1571 (0.17%)

XLK

Technology Select Sector SPDR

$74.68

-0.2056 (-0.27%)

XLI

Industrial Select Sector SPDR

$79.71

0.2338 (0.29%)

GLD

SPDR Gold Trust

$113.48

-0.77 (-0.67%)

SLV

iShares Silver Trust

$13.44

-0.01 (-0.07%)

USO

United States Oil Fund

$14.95

0.145 (0.98%)

UNG

United States Natural Gas Fund

$24.60

0.235 (0.96%)

HYG

iShares iBoxx $ High Yield Corporate Bond

$86.24

0.05 (0.06%)

LQD

iShares iBoxx $ Investment Grade Corporate Bond

$114.72

0.04 (0.03%)

TLT

iShares 20+ Year Treasury Bond Fund

$117.12

-0.02 (-0.02%)

IEF

iShares 7-10 Year Treasury Bond ETF

$101.00

0.03 (0.03%)

SHY

iShares 1-3 Year Treasury Bond

$83.05

0.02 (0.02%)

IWD

iShares Russell 1000 Value

$129.51

0.13 (0.10%)

IWF

iShares Russell 1000 Growth

$155.30

-0.55 (-0.35%)

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OHGI

One Horizon Group

$0.18

-0.0088 (-4.63%)

17:34
09/21/18
09/21
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17:34
Syndicate
Breaking Syndicate news story on One Horizon Group »

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CYTX

Cytori Therapeutics

$0.41

-0.033 (-7.38%)

17:31
09/21/18
09/21
17:31
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17:31
Syndicate
Breaking Syndicate news story on Cytori Therapeutics »

Cytori Therapeutics files…

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NEM

Newmont Mining

$31.56

0.05 (0.16%)

17:22
09/21/18
09/21
17:22
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17:22
Syndicate
Breaking Syndicate news story on Newmont Mining »

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  • 23

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  • 25

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CB

Chubb

$139.87

-0.05 (-0.04%)

17:22
09/21/18
09/21
17:22
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17:22
Hot Stocks
Chubb CEO Greenberg sells $8.6M in common stock »

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VTVT

vTv Therapeutics

$0.80

0.0096 (1.21%)

17:21
09/21/18
09/21
17:21
09/21/18
17:21
Hot Stocks
vTv says FDA advised that azeliragon efficacy be shown in at least 2 trials »

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VYGR

Voyager Therapeutics

$18.21

-0.27 (-1.46%)

17:17
09/21/18
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17:17
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Breaking Hot Stocks news story on Voyager Therapeutics »

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GNRC

Generac

$57.99

-0.02 (-0.03%)

17:16
09/21/18
09/21
17:16
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17:16
Hot Stocks
Generac announces new $250M share repurchase program »

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GBNK

Guaranty Bancorp

$30.20

-0.5 (-1.63%)

, IBTX

Independent Bank

$67.60

-1.15 (-1.67%)

17:13
09/21/18
09/21
17:13
09/21/18
17:13
Conference/Events
Independent Bank to host special shareholder meeting »

Special Shareholder…

GBNK

Guaranty Bancorp

$30.20

-0.5 (-1.63%)

IBTX

Independent Bank

$67.60

-1.15 (-1.67%)

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  • 24

    Sep

  • 25

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HRS

Harris

$164.33

1.685 (1.04%)

17:13
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Harris awarded $255.4M Department of Defense contract »

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PMBC

Pacific Mercantile Bancorp

$9.25

-0.5 (-5.13%)

17:10
09/21/18
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Breaking Hot Stocks news story on Pacific Mercantile Bancorp »

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  • 07

    Nov

WSC

WillScot

$17.10

-0.05 (-0.29%)

17:10
09/21/18
09/21
17:10
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17:10
Syndicate
Breaking Syndicate news story on WillScot »

WillScot files to sell…

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DTEA

DAVIDsTEA

$2.50

-0.9 (-26.47%)

17:09
09/21/18
09/21
17:09
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17:09
Hot Stocks
Breaking Hot Stocks news story on DAVIDsTEA »

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NYT

New York Times

$23.45

0.3 (1.30%)

, EXPE

Expedia

$133.73

-0.77 (-0.57%)

17:08
09/21/18
09/21
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17:08
Hot Stocks
Expedia president Bhutani joins New York Times board »

The New York Times…

NYT

New York Times

$23.45

0.3 (1.30%)

EXPE

Expedia

$133.73

-0.77 (-0.57%)

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IBTX

Independent Bank

$67.60

-1.15 (-1.67%)

, GBNK

Guaranty Bancorp

$30.20

-0.5 (-1.63%)

17:08
09/21/18
09/21
17:08
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17:08
Conference/Events
Guaranty Bancorp to host special shareholder meeting »

Special Shareholder…

IBTX

Independent Bank

$67.60

-1.15 (-1.67%)

GBNK

Guaranty Bancorp

$30.20

-0.5 (-1.63%)

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  • 24

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MPC

Marathon Petroleum

$83.37

1.44 (1.76%)

, ANDV

Andeavor

$154.80

2.19 (1.44%)

17:01
09/21/18
09/21
17:01
09/21/18
17:01
Conference/Events
Andeavor to host special shareholder meeting »

Special Shareholder…

MPC

Marathon Petroleum

$83.37

1.44 (1.76%)

ANDV

Andeavor

$154.80

2.19 (1.44%)

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ANDV

Andeavor

$154.80

2.19 (1.44%)

, MPC

Marathon Petroleum

$83.37

1.44 (1.76%)

16:59
09/21/18
09/21
16:59
09/21/18
16:59
Conference/Events
Marathon Petroleum to host special shareholder meeting »

Special Shareholder…

ANDV

Andeavor

$154.80

2.19 (1.44%)

MPC

Marathon Petroleum

$83.37

1.44 (1.76%)

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  • 24

    Sep

EPRT

Essential Properties Realty Trust

$14.49

-0.015 (-0.10%)

16:45
09/21/18
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16:45
Hot Stocks
Breaking Hot Stocks news story on Essential Properties Realty Trust »

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BBSI

Barrett Business

$63.67

0.04 (0.06%)

16:43
09/21/18
09/21
16:43
09/21/18
16:43
Hot Stocks
SEC says Barrett Business to pay $1.5M penalty over improper accounting »

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SIGA

Siga Technologies

$7.25

0.5 (7.41%)

16:42
09/21/18
09/21
16:42
09/21/18
16:42
Conference/Events
Siga Technologies to host business news update conference call »

Management holds a…

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  • 27

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SPY

SPDR S&P 500 ETF Trust

$292.03

-0.1774 (-0.06%)

, USO

United States Oil Fund

$14.95

0.145 (0.98%)

16:36
09/21/18
09/21
16:36
09/21/18
16:36
General news
Weekly CFTC Commitment of Traders highlights »

S&P500 net long 0.1K…

SPY

SPDR S&P 500 ETF Trust

$292.03

-0.1774 (-0.06%)

USO

United States Oil Fund

$14.95

0.145 (0.98%)

GLD

SPDR Gold Trust

$113.48

-0.77 (-0.67%)

FXE

Euro Currency Trust

$112.55

-0.27 (-0.24%)

FXC

CurrencyShares Canadian Dollar Trust

$76.37

-0.09 (-0.12%)

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