On June 13, One of the biggest radio broadcasters in the world, Sirius XM Holdings Inc. (NASDAQ:SIRI) announced extensive coverage of the just commenced 2014 FIFA World Cup. Play-by-ball and daily analysis have been included in their coverage throughout the nation. The football World Cup is being played in Brazil until July 13 when the final is being held. Sirius XM Holdings Inc. (NASDAQ:SIRI) net profit margin is 12.00% and weekly performance is -0.74%. On last trading day company shares ended up $3.34. Analysts mean target price for the company is $4.25. Sirius XM Holdings Inc. (NASDAQ:SIRI) distance from 50-day simple moving average (SMA50) is 3.74%.
On June 13, Pandora Media Inc (NYSE:P) shares have been reiterated as a “sell” by TheStreet Ratings team with a ratings score of D. Pandora Media Inc (NYSE:P) shares advanced 2.04% in last trading session and ended the day on $27.04. Gross Margin is 42.10% and its return on assets is -11.80%. Pandora Media Inc (NYSE:P) quarterly performance is -23.70%.
On June 11, 2014 Clip Interactive announced its partnership with Cumulus Media Inc (NASDAQ:CMLS) launch interactive broadcast radio on their Indianapolis stations using the Clip Radio mobile app technology. The participating stations, WFMS 95.5 The Country Station, 104.5 WJJK Classic Hits and Indy’s i94 – 90’s to NOWlaunched their interactive apps. Cumulus Media Inc (NASDAQ:CMLS) shares moved down -0.95% in last trading session and was closed at $6.25, while trading in range of $6.16 – $6.42. Cumulus Media Inc (NASDAQ:CMLS) year to date (YTD) performance is -19.15%.
Emmis Communications Corporation (NASDAQ:EMMS) has informed the SEC that it has arranged a credit agreement with lenders headed by JPMORGAN CHASE and FIFTH THIRD BANK for a senior secured term loan facility of $185,000,000 and a senior secured revolving credit facility of $20,000,000, plus a possible uncommitted increase of up to $40,000,000. Emmis Communications Corporation (NASDAQ:EMMS) ended the last trading day at $2.69. Company weekly volatility is calculated as 3.20% and price to cash ratio as 21.85. Emmis Communications Corporation (NASDAQ:EMMS) showed a negative weekly performance of -0.74%.
On May 29, 2014 – Beasley Broadcast Group, Inc. (Nasdaq:BBGI) a large- and mid-size market radio broadcaster, announced that its Board of Directors declared a quarterly cash dividend of $0.045 per share of its Class A and Class B common stock. The dividend is payable on July 10, 2014, to shareholders of record on June 30, 2014. Beasley Broadcast Group Inc (NASDAQ:BBGI) net profit margin is 9.50% and weekly performance is -0.16%. On last trading day company shares ended up $6.10. Analysts mean target price for the company is $1.50. Beasley Broadcast Group Inc (NASDAQ:BBGI) distance from 50-day simple moving average (SMA50) is -18.96%.