The Federal Communications Commission (FCC) on Thursday asked investment firm Standard General to produce further information about its proposed $5.4 billion takeover of U.S. broadcaster Tegna Inc. The FCC said it needed further information in order to review applications seeking consent to transfer control of Tegna’s subsidiaries, which own several licenses, to Standard General. Tegna, […]
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The Federal Communications Commission (FCC) on Thursday asked for further information pertaining to the sale of U.S. TV station operator Tegna Inc to Standard General. Tegna, which owns 64 news brands in 51 U.S. markets, agreed to be acquired by Standard General in a $5.4 billion all-cash deal in February. Standard General, which is Tegna’s […]
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The Federal Communications Commission is asking for further information in regards to television broadcaster Tegna''s (TGNA) planned sale to Standard General. The FCC requests that…
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Wednesday''s IBD Screen of the Day searches for stocks with relative strength lines at new highs. Media company Tegna (TGNA) and portable space company WillScot Mobile Mini Holdings (WSC) are making new highs and approaching buy points on their charts. True Crime Network Tegna is a broadcast and digital media company owning 64 news brands and other outlets, including True…
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Tegna (TGNA) shares are whipsawing around and are down 1.6% on a report that Federal Trade Commission nominee will likely be seated on the agency for the vote on the Standard…
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US broadcaster Tegna is getting acquired by a consortium of PE buyers, including Standard General and Apollo. Read more here.
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TEGNA Inc. (NYSE: TGNA) today announced its stations have won six 2022 National Edward R. Murrow Awards for excellence in broadcast journalism. The Edward R. Murrow Awards are sponsored by the Radio Television Digital News Association (RTDNA) and honor outstanding achievements in broadcast and digital journalism. “Our purpose of serving the greater good of our communities empowers our journalists
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TEGNA Inc (NYSE: TGNA ) reported second-quarter FY22 revenue growth of 7.1% year-on-year to $784.88 million, missing the consensus of $800.8 million. A growth in political and subscription revenue drove the results. Subscription revenue of $389 million was up … Full story available on Benzinga.com
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Tegna (NYSE: TGNA ) reported its Q2 earnings results on Monday, August 8, 2022 at 09:00 AM. Here''s what investors need to know about the announcement. Earnings Tegna missed estimated earnings by 3.23%, reporting an EPS of $0.6 versus an … Full story available on Benzinga.com
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TEGNA press release (TGNA): Q2 Non-GAAP EPS of $0.60.Revenue of $784.88M (+7.1% Y/Y).Total company Adjusted EBITDA was a second quarter record of $256M, representing an increase of…
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Companies Reporting Before The Bell • Pyxis Tankers (NASDAQ: PXS ) is likely to report earnings for its second quarter. • Kandi Technologies Gr (NASDAQ: KNDI ) is projected to report earnings for its second quarter. • Tredegar (NYSE: TG ) is estimated to report earnings for its second quarter. • PowerFleet (NASDAQ: PWFL ) is likely to report quarterly loss at $0.12 per share on revenue of $34.36 million. • PDS Biotechnology (NASDAQ: PDSB ) is projected to report earnings for its second quarter. • LENSAR (NASDAQ: LNSR ) is expected to report quarterly loss at $0.72 per share on revenue of $9.30 million. • Precision BioSciences (NASDAQ: DTIL ) is likely to report quarterly loss at $0.41 per share on revenue of $4.97 million. • Delcath Systems (NASDAQ: DCTH ) is likely to report quarterly loss at $0.95 per share on revenue of $420 thousand. • CPI Card (NASDAQ: PMTS ) is estimated to report quarterly earnings at $0.37 per share on revenue of $101.80 million. • Grupo Televisa (NYSE: TV ) is estimated to report quarterly loss at $0.
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TEGNA (TGNA) is scheduled to announce Q2 earnings results on Monday, August 8th, before market open.The consensus EPS Estimate is $0.63 (+26.0% Y/Y) and the consensus Revenue Estimate…
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TEGNA (NYSE:TGNA) declares $0.095/share quarterly dividend, in line with previous.Forward yield 1.8%Payable Oct. 3; for shareholders of record Sept. 9; ex-div Sept.
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TYSONS, Va.--(BUSINESS WIRE)--TEGNA''s Board of Directors declare a regular quarterly dividend of 9.5 cents per share.
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In trading on Tuesday, shares of TEGNA Inc (Symbol: TGNA) crossed above their 200 day moving average of $20.84, changing hands as high as $20.90 per share. TEGNA Inc shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of TGNA
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Hourglass Capital, an investment management firm, published its first-quarter 2022 investor letter – a copy of which can be downloaded here.
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TEGNA Inc. (NYSE: TGNA) today announced it has been named a 2022 honoree of The Civic 50 by Points of Light and the Telecommunications Sector Leader. The Civic 50 honors the most community-minded companies in the United States. 2022 marks TEGNA’s third consecutive year on the list. “Local broadcast stations play an important role in the communities we serve, which has been especially evident
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TEGNA Inc. (NYSE: TGNA) today announced that KUSA, its NBC affiliate in Denver, was awarded a Peabody Award in the News category for its “Prone” investigative series on the dangers of the prone position chokehold restraint. Peabody Awards honor the most compelling and empowering stories released in broadcasting and streaming media. This press release features multimedia. View the full release
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Emerald Holding, Inc. (NYSE:EEX) ("Emerald" or the "Company") today announced the creation of a new division dedicated to launching dynamic brands that curate year-round communities through face-to-face and digital experiences. Emerald Xcelerator will build upon the Company''s broader capabilities across a diverse portfolio of brands and services, including more than 150 events, media, content,
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Gainers Hemisphere Media Group, Inc (NASDAQ: HMTV ) shares climbed 78.8% to close at $6.74 on Monday after the company announced it entered into a definitive agreement to be acquired for $7.00 per share in cash by a subsidiary of Gato Investments, a portfolio investment of Searchlight Capital Partners. Blue Water Vaccines, Inc. (NASDAQ: BWV ) gained 44.2% to close at $5.42 on heavy volume. Points.com Inc. (NASDAQ: PCOM ) rose 43.3% to close at $24.46. Plusgrade announced plans to acquire Points for $25 per share in cash. ServiceSource International, Inc. (NASDAQ: SREV ) gained 41.7% to settle at $1.4450 after the company announced it will be acquired by Concentrix Corporation in an all-cash merger. LogicBio Therapeutics, Inc. (NASDAQ: LOGC ) gained 34.4% to close at $0.6673 after the company announced the FDA lifted the clinical hold on its LB-001 Investigational New Drug Application, allowing patient enrollment to resume in the Phase 1/2 SUNRISE trial for pediatric patients with methylmalonic acidemia.
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Companies Reporting Before The Bell • Atlantica Sustainable (NASDAQ: AY ) is likely to report quarterly loss at $0.08 per share on revenue of $277.90 million. • NAPCO Security (NASDAQ: NSSC ) is estimated to report quarterly earnings at $0.07 per share on revenue of $34.66 million. • GEO Group (NYSE: GEO ) is projected to report quarterly earnings at $0.10 per share on revenue of $39.26 million. • Madison Square Garden (NYSE: MSGE ) is expected to report quarterly earnings at $0.04 per share on revenue of $441.64 million. • Mersana Therapeutics (NASDAQ: MRSN ) is likely to report quarterly loss at $0.32 per share on revenue of $8.14 million. • Alimera Sciences (NASDAQ: ALIM ) is estimated to report quarterly loss at $0.69 per share on revenue of $12.90 million. • Eagle Pharmaceuticals (NASDAQ: EGRX ) is expected to report quarterly earnings at $3.88 per share on revenue of $123.33 million. • Lordstown Motors (NASDAQ: RIDE ) is projected to report earnings for its first quarter. • Tegna (NYSE: TGNA ) is expected to report quarterly earnings at $0.
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TEGNA''s board of directors on Thursday declared a second bumped-up dividend payable to shareholders on Oct. 1, so long as they are stockholders of record as of market close on September 3.TEGNA''s leader notes the move comes in recognition of the company''s strength. Yet, its stock price has moved steadily downward since mid-April.
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TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA declared a dividend of 9.5 cents per share, payable on Oct. 1, 2021 to stockholders of record as of the close of business on Sept. 3, 2021.
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With a healthy 1-year target estimate handed to TEGNA by Wall Street analysts and a beneficial long-term prognosis in hand, company executives could be preparing a positive Q2 2021 earnings report. We now know when those results will be released.
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TEGNA to Webcast Second Quarter 2021 Earnings Conference Call on Monday, August 9
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"What is real? How do you define real?'' When it comes to true and false information spread on the internet, or via word of mouth, TEGNA believes it has a brand-new brand that can help the public distinguish the two. And, it''s hired a trio of journalists to help disseminate fact from fiction.
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Since 2018, she''s served as President/GM of TEGNA''s ABC affiliate serving Louisville, WHAS-11. Now, this longtime company local station leader is being promoted to the role of President/GM for TEGNA''s stations serving the Pacific Northwest''s largest market.
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TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA announced that Christy Moreno has been named president and general manager at KING 5, the NBC affiliate in Seattle, effective August 2, 2021.
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TEGNA Inc. (TGNA:USA) currently trades below corporate averages relative to UAFRS-based (Uniform) earnings, with a 10.6x Uniform P/E. At these levels, the market is pricing in bearish expectations for the firm, but management is excited about the Supreme Court media ownership ruling and confident about Premions performance and the firms cost management Specifically, management generated an Read More The post TGNA Market expectations are for Uniform ROA to erode, but management is excited about the Supreme Court ruling and confident about Premion and cost management appeared first on Valens Research .
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Looking at Q1, Tegna (NYSE: TGNA ) earned $195.93 million, a 50.23% increase from the preceding quarter. Tegna''s sales decreased to $727.05 million, a 22.45% change since Q4. Tegna earned $393.65 million, and sales totaled $937.58 million in Q4. Why ROCE Is Significant Changes in earnings and sales indicate shifts in Tegna''s Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher Full story available on Benzinga.com
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Software platform MadHive has attracted broadcast media companies such as FOX, TEGNA and The E.W. Scripps Co., which have elected to go with the tech company to power their linear reach extension offerings. Now, MadHive has announced it will be the first partner to license "the only cross-screen and cross-walled garden dataset" in the U.S.
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TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA has been named a 2021 honoree of The Civic 50 by Points of Light, marking the Companys second consecutive year on the list.
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TYSONS, Va. & NEW YORK--(BUSINESS WIRE)-- #TEGNA--TEGNA announced that TVSquared has been chosen to power cross-platform, closed-loop measurement and attribution for thousands of its advertisers.
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TEGNA has made a decision on what company to use to power its needs for "cross-platform, closed-loop measurement and attribution." It is a deal for which the broadcast TV station owner aims to achieve incremental reach and web, location and app outcomes for local data-driven linear television and CTV and OTT campaigns.
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TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA''s WUSA and WKYC have won four Gracie Awards from the Alliance for Women in Media Foundation.
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Soohyung Kim has become known for his Standard General''s equity interest TEGNA and for his partnership in New York with Jeff Smulyan that involves Hot 97 and WBLS. Now, it''s become known that Kim has attributable interest in the radio broadcasting company led by Mary Berner.
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Understanding Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the communication services sector that may be worth watching: MSG Networks (NYSE: MSGN ) - P/E: 5.13 Momo (NASDAQ: MOMO ) - P/E: 9.18 Tegna (NYSE: TGNA ) - P/E: Full story available on Benzinga.com
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12 News, TEGNA Inc.s NBC affiliate in Phoenix, Arizona, was honored today with a Walter Cronkite Award for reporting on systemic racism for The Work is Hard and Not Done: Being Black in the Valley, which explores the Black experience and historical events in Arizona and includes interviews with mothers, faith leaders, neighbors, and 12 [More] The post 12 News KPNX in Phoenix Wins 2021 Walter Cronkite Award for Exceptional Reporting on Systemic Racism appeared first on Greater Phoenix In Business Magazine .
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TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--KPNX, TEGNA Inc.s NBC affiliate in Phoenix, was honored with a Walter Cronkite Award for The Work is Hard and Not Done: Being Black in the Valley."
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The Committee on Petitions from the Turkish Grand National Assembly carried out a variety of contacts with state and government officials in the Turkish Republic of Northern Cyprus. During the visits emphasis was laid on the importance of developing relations between Turkey and the Turkish Republic of Northern Cyprus. The Committee on Petitions paid separate []
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Starting June 28, TEGNA will have a new Director of Consumer Marketing. It''s a woman who is joining the broadcast TV station owner from a soon-to-conclude daytime talk program seen on some of its own stations, including WGRZ-2 in Buffalo and KGW-8 in Portland, Ore.
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TEGNA Names Julie Eisenman President and General Manager of WNEP in Wilkes-Barre-Scranton Business Wire
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What’s New In Activism In a potential early signal of success for issuers this proxy season, Delek US Holdings Inc (NYSE:DK) and Tegna emerged from last week’s meetings unscathed, while Prescience Point dropped its fight at MiMedx Group Inc (NASDAQ:MDXG). Q1 2021 hedge fund letters, conferences and more Shareholders at Delek rejected three directors nominated […] The post Delek Rejects Board Nominations By Icahn-Controlled CVR appeared first on ValueWalk .
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https://www.investing.com/news/stock-market-news/us-tv-firm-tegna-defeats-hedge-fund-standard-general-in-proxy-vote-2499450
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NEW YORK , April 1, 2021 /PRNewswire/ -- Standard General L.P., the largest active shareholder of TEGNA Inc. (NYSE: TGNA ), issued the following letter to fellow TEGNA shareholders calling for change within the Company, urging shareholders to vote on the WHITE proxy card. Dear Fellow TEGNA Shareholder, Standard General has been TEGNA's largest active shareholder since the summer of 2019. In the four years since its separation from Gannett, prior to Standard General's involvement (1) , TEGNA's share price declined 28%. This is during a time when the shares of local broadcast peers (2) appreciated by 36%. With our involvement came our willingness to engage actively with management to hold them publicly accountable. Since our investment, TEGNA's share price has increased by 51% while its peers have seen an increase of 59%. Better, but not good enough. Standard General's push for change has created value for shareholders. We are an active investment manager. We believe that shareholders should have a voice.
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TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Kristie Gonzales vice president, media operations, overseeing KYTX in Tyler, TX in addition to her current role as president/GM at KVUE.
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Tegna Inc shareholder Standard General LP has called for an investigation into a "racially insensitive" incident involving Chief Executive Dave Lougee and a Black executive, who this year became a candidate for the broadcast company's board. Lougee last week apologized for…
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NEW YORK , March 18, 2021 /PRNewswire/ -- Standard General L.P., the largest active shareholder of TEGNA Inc. (NYSE: TGNA ), issued the following letter to the TEGNA Board calling for a full investigation into the racially insensitive incident involving TEGNA CEO Dave Lougee . Dear TEGNA Board of Directors, We are writing to reiterate Standard General's call for a full investigation into the racially insensitive incident involving Adonis Hoffman and TEGNA CEO Dave Lougee . In addition, we demand that Mr. Lougee and TEGNA cease the spread of false narratives related to the incident that they have undertaken in recent weeks. This letter follows our previous letter on March 9 when we asked the Board to conduct a full investigation. After Mr. Hoffman provided a written account of the racially insensitive incident involving Mr. Lougee to Tegna and to us on March 3 , we asked the Board to conduct a thorough, independent investigation into this incident and the conduct of Mr. Lougee. It did not.
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A media attorney has withdrawn his bid to be a board member for the broadcast company Tegna citing an incident where a board member mistook him for a valet
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Over the past three months, shares of Tegna (NYSE:TGNA) moved higher by 20.35%. Before we understand the importance of debt, let us look at how much debt Tegna has. Tegna’s Debt Based on Tegna’s financial statement as of March 1, 2021, long-term debt is at $3.55 billion and current debt is at $47.25 million, amounting… Read More »A Look Into Tegna’s Debt
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TYSONS, Va.--(BUSINESS WIRE)--TEGNA announces financial results for the fourth quarter and full-year ended December 31, 2020.
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On Monday, March 01, Tegna (NYSE:TGNA) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the …
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