Local Corporation (LOCM)
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E.W. Scripps CEO Adam Symson Briefs Wall Street On Major Layoffs, Touts AI “Revolution” In Local TV News
E.W. Scripps CEO Adam Symson briefed Wall Street analysts Friday on the company's “transformation plan,” which has entailed cutting 12% of its total workforce amid an embrace of AI. The layoffs, mostly at the company's local TV stations, come as the company adopts a 24-hour streaming news model enabled by artificial intelligence.
Gray Media: A Leveraged Local TV Recovery Bet With 2026 Political Upside
Gray Media: A Leveraged Local TV Recovery Bet With 2026 Political Upside
Suncrete: Local Scale Can Make Ready-Mix More Valuable Than It Looks
Suncrete Inc. earns a buy rating due to its local scale advantage in ready-mix concrete, driving growth and margin potential. RMIX's roll-up strategy—acquiring and integrating local operators—should enhance operational efficiency, margin expansion, and earnings compounding over time. Despite mixed residential demand, RMIX's Sunbelt focus and exposure to public infrastructure provide a robust demand backdrop and opportunity for share gains.
NUKZ Holding Constellation Injects Millions Into Local Economies
Constellation Energy (CEG) is demonstrating the economic benefits of nuclear infrastructure by investing significant capital in local economies. As the nation's largest producer of clean energy, the utility is proving that the nuclear industry delivers substantial tangible revenue to regional businesses well beyond the utilities sector itself.
Robinhood Fields State Requests for Local Trump Accounts Programs
Robinhood's participation in the Trump Accounts program may lead to the company entering additional public-sector partnerships, Bloomberg reported Friday (May 29). The federal program could serve as a model for similar initiatives, and some states and other public-sector organizations have approached Robinhood about partnering on similar projects, Robinhood Chief Financial Officer Shiv Verma said in the report.
M&T Bank: Make Your Local Bank Your Friend
M&T Bank delivers robust returns, with Q1 2026 EPS up 24.4% and strong capital allocation discipline. MTB's forward P/E of 11.4 and 10.1% projected EPS CAGR through 2028 signal a 12% discount to $250 fair value. Consistent share buybacks and a 2.7% yield, supported by a low-30% payout ratio, underpin MTB's 8% annual dividend growth.
The FCC Is About To Target Disney-Owned Local TV Affiliates
Several news outlets are reporting that the FCC is preparing to order an early review of Disney's eight ABC station licenses.On Tuesday morning, Semafor broke the news about the move, which could be officially announced this week.
Standard Uranium inks exploration agreement with Kineepik Métis Local
Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF, FRA:9SU0) announced that it has signed an exploration agreement with Kineepik Métis Local (KML), formalizing an existing relationship and establishing a framework for future collaboration in Saskatchewan's southeastern Athabasca Basin region. KML represents Métis rights holders with ties to the area near the Village of Pinehouse, where Standard Uranium is advancing critical mineral projects, including the Rocas project located within KML's land and occupancy area.
Wix Turns to Stripe to Expand Local Payment Offerings in Europe
Wix has teamed with Stripe to offer more local payment options in Europe. Although Wix Payments has been operating in Europe since 2019, this marks the first time Wix and Stripe are expanding their partnership outside North America, the companies said in a Tuesday (Dec. 16) news release.
Nexstar CEO Calls Local Media “The Least Sexy, Most Sticky Part Of The Media Ecosystem” As It Pursues Deal For Tegna
Nexstar, the CW owner and giant broadcaster that's angling to get even bigger, said it's made a home in local media because that's a lucrative place to be. “Everybody's focused on networks and streaming and top down and national media.
Tegna Stock Rockets On Nexstar Merger Talks; FCC Appears Set To Ease Local TV Rules In Order To Smooth Deal's Path
Shares in local TV giant Tegna surged nearly 30% in mid-day trading Monday on news that leading station owner Nexstar is in advanced talks to acquire the company. A source familiar with the discussions confirmed them to Deadline. The valuation remains unclear for the time being, but it will be well into the billions.
Can The E.W. Scripps Company's Local Media Rebound in 2025?
SSP leans on advertiser demand expected later in 2025 and station swaps to stabilize Local Media as revenues dip and rivals tighten competition.
