|Day Low/High||37.27 / 38.50|
|52 Wk Low/High||25.12 / 39.88|
Sinclair is selling the stations in order to win approval for its acquisition of Tribune Media.
The addition of Tribune will give Sinclair Broadcasting another 43 television stations.
Stocks creep lower to begin the new week even as Emmanuel Macron's victory in the French election brought certainty to global markets.
Sinclair-Tribune Media and Coach-Kate Spade verify that stocks may be cheaper than we think.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Monday's trending stocks including Coach COH, Sinclair SBGI, Charter Communications CHTR, Comcast CMCSA, Disney DIS and Nvidia NVDA.
Sinclair Broadcasting is said to be near a deal to buy Tribune Media.
The global stock rally that started after the French Presidential election is fizzling.
21st Century Fox is teaming with Blackstone Group to take on Sinclair in a bid for Tribune.
Negotiators reach an agreement last night to fund the government through September, avoiding a government shutdown.
Old-line momentum favorites fare well.
Starboard Value recently disclosed a stake in the broadcaster, an investment suggesting a campaign pushing for stock buybacks, asset sales or an auction of the whole company could be next.
These companies show signs of a change of direction.
Aramark (ARMK) may be a giant in the food services industry, but it currently has far smaller margins than competitor Compass Group.
TV stations are set to change hands as business improves and private-equity owners look to cash out, says Moody's media analyst Carl Salas.