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Stock Market & Financial Investment News

News Breaks
March 17, 2014
06:03 EDTGTN, LIN, NXST, SBGIBroadcast TV sector downgraded to Market Weight at Wells Fargo
Wells Fargo downgraded the Broadcast TV sector to Market Weight from Overweight and cut Gray Television (GTN), LIN Media (LIN), Nexstar (NXST) and Sinclair Broadcast (SBGI) to Market Perform from Outperform. Wells expects future and pending mergers and acquisitions to be on hold due to a more negative regulatory environment, which it expects to limit share upside.
News For GTN;LIN;NXST;SBGI From The Last 14 Days
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September 15, 2014
10:39 EDTLINMedia General renewal with CBS a positive, says Wells Fargo
Wells Fargo views Media General's (MEG) announcement that it has renewed its affiliation agreements with all 12 of its CBS (CBS) stations as a positive that, along with LIN Media's (LIN) prior renewal with CBS, should end investor concerns about additional ''lost affiliations'' for the two. The firm maintains its Outperform rating on Media General.

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