|Day Low/High||40.15 / 40.55|
|52 Wk Low/High||27.75 / 43.04|
The most recent short interest data has been released for the 08/31/2017 settlement date, which shows a 1,972,035 share increase in total short interest for Tribune Media Co , to 5,169,570, an increase of 61.67% since 08/15/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
Tronc's acquisition of the New York Daily News brings the Chicago company back to New York. The former Tribune Publishing owned the paper until the early 1990s.
Company's TV Stations Organize Local Relief Efforts, Raise Nearly $400,000; More Activities Ahead This Weekend
U.S. stock futures fall amid increasingly dangerous rhetoric between North Korea and the United States.
Sinclair Broadcast's proposed acquisition of Tribune Media has sparked opposition from industry groups across the political spectrum.
Rupert Murdoch's Fox is looking for a means to counter Sinclair, which is poised to acquire Tribune Media in a $6.6 billion deal.
Company to receive approximately $158 million in cash
The table is set for a surge in media consolidation, says Ropes & Gray's Paul Scrivano.
Tronc shares were slipping on Thursday after the publisher of the Chicago Tribune came up short in its quest to acquire the rival Chicago Sun-Times.
The magazine publisher may change its name to rebrand the company for the digital age. If it does, it may want to avoid something resembling Tronc or Tegna.
The Treasury Department is targeting a handful of Obama-era tax rules for reform, including one that could resurrect corporate inversions.
Chicago's Sun-Times, which has struggled to reverse declining circulation and advertising sales, nevertheless could be the object of a bidding war, as a Edwin Eisendrath-headed group has offered $15 million.
Investors in Tribune Media Co saw new options begin trading this week, for the August 18th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the TRCO options chain for the new August 18th contracts and identified the following put contract of particular interest.
As rules on station ownership have loosened, Tegna is the biggest potential target around.
Tribune Media, TV station operator Tenga Inc. and newspaper group McClatchy Co. are also owners and will retain a minority stake in the portal.
Reinstating the 'UHF discount' will allow Sinclair to buy Tribune's TV stations.
- 57 percent are less likely to interview a candidate they can't find online
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