Local Corporation (LOCM)
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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.
Local TV Groups E.W. Scripps And Gray Media Swap Stations In Five Markets
Gray Media and the E.W. Scripps Co., two of the largest U.S. owners of local TV stations, have engineered a swap of stations in five small and mid-sized markets. The move will create new duopolies, coveted sources of extra revenue within a single market allowed under federal broadcast ownership rules, for each company.
Red Rock Resorts: This Vegas Local Hero Might Be Worth A Bet
Red Rock Resorts' focus on local Las Vegas residents creates a resilient, recurring revenue model with strong customer loyalty and high barriers to entry. The company boasts robust cash flow, valuable land assets for expansion, and a healthy balance sheet, supporting steady growth prospects. Expansion opportunities, such as the North Fork property and undeveloped land, position RRR for continued revenue and cash flow growth amid favorable local demographics.
Coca-Cola Consolidated Is Dominating Through Local Strength And Innovation
Coca-Cola Consolidated's 10-for-1 stock split increases accessibility, reflecting management's confidence in future growth, and broadening its investor base. Strong cash flows, robust balance sheet, and investments in operational efficiency support my optimistic outlook, despite short-term headwinds in Q1 2025. The company outperforms rivals through local market focus, healthy product innovations, and advanced distribution systems, driving steady revenue and margin expansion.
Lockheed Martin Speeds Up European Defense Tie-Up Talks Amid EU Push to Buy Local
The U.S. defense contractor is trying to expand its production and supply chains in Europe, a senior executive said.
EM Local Bonds Outpace Dollar Peers: Winning ETFs in Focus
Emerging-market (EM) local-currency bonds have outperformed their dollar-denominated peers in 2025, even as they offer yields lower than those of US Treasuries. The strong start to the year marks their best performance since 2022, thanks to growing expectations of rate cuts in developing nations and a cooling of global inflation.
Eni Boosts Baleine Offshore Production to Support Local Energy Demands
E mentions that a significant increase in production at the Baleine field has been realized by working closely with the Ivorian authorities and Petroci Holding.
Local unions call on Kroger's board to replace CEO after $7.5 billion buyback plan
United Food and Commercial Workers local unions on Friday urged Kroger's board to replace CEO Rodney McMullen following the company's announcement of a $7.5 billion stock buyback plan after terminating a deal to buy Albertsons.
Local governments are using AI without clear rules or policies, and the public has no idea
In 2017, the city of Rotterdam in the Netherlands deployed an artificial intelligence (AI) system to determine how likely welfare recipients were to commit fraud. After analyzing the data, the system developed biases: it flagged as "high risk" people who identified as female, young, with kids, and of low proficiency in the Dutch language.
Local council pension funds caution against London Stock Exchange reforms
A collective of UK pension funds representing £350 billion in assets under management has restated its opposition to the London Stock Exchange (LES)'s perceived push to lower the boardroom standards of British plcs. The Evening Standard reported that the Local Authority Pension Fund Forum (LAPFF) is “resolute” in its criticisms of the exchange's push for listing reforms.
