Net News search results for: nasdaq stock market
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August 2, 2016
Spanish Broadcasting System Requests Hearing With NASDAQ Over Possible Delisting
SPANISH BROADCASTING SYSTEM has notified the SEC that it will ask for a hearing with the NASDAQ Hearings Panel to address its possible delisting from the stock exchange's Global Market and request continued listing. SBS was notified on JANUARY 28th … more »
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July 8, 2016
Paul Brenner Becomes An Executive Dir. At Emmis, Company Announces 4-For-1 Reverse Stock Split
In a Form 8-K filed with THE SECURITIES AND EXCHANGE COMMISSION, EMMIS BROADCASTING revealed a promotion for TAGSTATION/NEXTRADIO Pres. PAUL BRENNER and a 4-for-1 reverse stock split. EMMIS WROTE, "on JULY 6, 2016, the Board of Directors named … more »
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May 16, 2016
Emmis Board Proposes Reverse Split To Regain NASDAQ Listing Compliance
Among the items in EMMIS' proxy statement for its shareholder meeting scheduled for JULY 7th is approval of a reverse stock split to maintain listing on NASDAQ's Global Select Market. EMMIS fell out of compliance with the exchange's $1/share … more »
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May 5, 2016
Cumulus Revenues Down, Loss Widens In First Quarter
CUMULUS MEDIA INC. first-quarter net revenue fell 0.9% to $268.5 million; Adjusted EBITDA dropped 6.1% to $41.9 million, and net loss widened from $12 million to $14.4 million (loss of 6 cents/share). Radio station revenue rose 0.5% to $177 million, … more »
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May 5, 2016
Emmis Radio Revs Down 6% In Q4, Plans Reverse Stock Split If Necessary This Summer
EMMIS COMMUNICATIONS CORP, has released results for its fourth fiscal quarter and full-year ending FEBRUARY 29th, 2016. EMMIS' radio net revenues for the fourth fiscal quarter were $36.4 million, down from $38.8 million from the prior year, a … more »
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March 18, 2016
Emmis Preferred-To-Common Stock Conversion Set For April 4th After Delisting Of Preferred Stock From NASDAQ
EMMIS COMMUNICATIONS CORP.'s plans to convert its Preferred Stock to Class A Common Stock have come to fruition with the company informing the SEC that the conversion will take place on APRIL 4th. The company has filed with the SEC to formally … more »
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November 5, 2015
NASDAQ Warns Cumulus Of Possible Delisting From Global Select Market If Stock Price Doesn't Recover
CUMULUS MEDIA INC. has been warned in a notification by NASDAQ's Listing Qualifications Department of possible delisting from its Global Select Market for having a closing price below $1 per share for 30 consecutive business days. The company has 180 … more »
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September 24, 2015
Cumulus Stock Sinks To New Record Low: 76 Cents Per Share
CUMULUS MEDIA's stock price continued its slide THURSDAY with a 15.54% drop to close at 76 cents per share, dropping from 87 cents at the day's open and representing a new record low, a plummet from a 52-week high of $4.51/share on FEBRUARY 17th. … more »
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August 25, 2015
NASDAQ Warns Emmis Of Possible Delisting Of Preferred Stock If Value Doesn't Rise Over $1 Million
EMMIS COMMUNICATIONS CORP. has been warned by NASDAQ that it faces delisting if its Preferred Stock price does not regain compliance with the exchange's requirements. The letter from NASDAQ, received on AUGUST 21st, told EMMIS that its Series A … more »
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March 23, 2015
Spanish Broadcasting System Stock Back In Compliance With NASDAQ Minimum Value
SPANISH BROADCASTING SYSTEM, INC. has regained compliance with NASDAQ's minimum market value for listing. SBS received word on MARCH 17th that its shares had risen above the minimum value of $15 million for 10 consecutive days, putting it in … more »