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Stock Market & Financial Investment News

News Breaks
June 16, 2014
12:29 EDTSSPE.W. Scripps closes purchase of two stations
E.W. Scripps closed its deal to acquire two television stations owned by Granite Broadcasting Detroit MyNetworkTV affiliate WMYD and Buffalo, N.Y., ABC affiliate WKBW. The $110M transaction is structured as a purchase of assets and was funded with cash on hand. Scripps has said the two stations would add $30M in revenue and $10M of segment profit in the first full year it operates them.
News For SSP From The Last 14 Days
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May 12, 2015
14:46 EDTSSPGabelli raises stake in E.W. Scripps to 8.43% from 6.86%
May 8, 2015
10:48 EDTSSPJPMorgan broadcasting analysts hold analyst/industry conference call
Broadcasting Analysts, along with Gannett Broadcasting President Lougee, E.W. Scripps Senior Vice President of Television Lawlor, TVB CEO Lanzano and Nexstar Broadcasting CEO Sook discuss the Broadcasting Industry outlook on an Analyst/Industry conference call to be held on May 8 at 11 am.
08:11 EDTSSPE.W. Scripps sees FY15 Television revenue to be down in low single digits
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08:10 EDTSSPE.W. Scripps sees Q2 Television revenue to be flat, Radio revenue to be flat
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08:09 EDTSSPE.W. Scripps reports Q1 EPS (9c) vs. 1c last year
Reports Q1 revenue $214.50M, one estimate $214.55M. Reports Q1 Television revenue $120M. Reports Q1 Newspaper revenue $91.5M.

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