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NYSE:TGNA 20 August 2025 - 20 March 2026

Nexstar-Tegna Merger Approved by FCC, DOJ as Lawsuits Threaten $6.2 Billion Local TV Deal

Nexstar-Tegna Merger Approved by FCC, DOJ as Lawsuits Threaten $6.2 Billion Local TV Deal

Nexstar Media Group completed its $6.2 billion acquisition of Tegna on Thursday, creating the largest owner of local U.S. TV stations after receiving clearance from the FCC and Justice Department. The FCC granted a waiver allowing Nexstar to reach about 80% of TV households, despite a 39% cap. California and seven other states sued to block the deal, citing antitrust concerns. Nexstar will operate 265 stations in 44 states and Washington, D.C.
Nexstar-Tegna Merger Hit by 8-State Lawsuit, Threatening $6.2 Billion TV Deal

Nexstar-Tegna Merger Hit by 8-State Lawsuit, Threatening $6.2 Billion TV Deal

California and seven other states sued to block Nexstar Media Group’s $6.2 billion purchase of Tegna, saying it would create the largest U.S. local TV owner and drive up pay-TV costs. The complaint, filed in Sacramento federal court, says the merger would combine rival stations in 31 markets and control 221 Big Four affiliates. DirecTV filed a separate antitrust suit Thursday. Nexstar and Tegna did not comment.
Nexstar (NXST) stock jumps as Trump backs Tegna deal and FCC ownership fight heats up

Nexstar (NXST) stock jumps as Trump backs Tegna deal and FCC ownership fight heats up

Nexstar shares surged 14.3% to $252.88 Monday after former President Trump and FCC Chairman Brendan Carr backed its proposed Tegna takeover. The Senate Commerce Committee will hold a hearing Feb. 10 on broadcast ownership rules, including the 39% national cap. Tegna and other TV broadcasters also rose. Investors await regulatory signals and Nexstar’s Feb. 26 earnings.
9 February 2026
Tariff Tsunami, Tech Tumble & Peace Talk Buzz – Global Business Roundup (Aug 19–20, 2025)

Tariff Tsunami, Tech Tumble & Peace Talk Buzz – Global Business Roundup (Aug 19–20, 2025)

Nvidia shares fell sharply on August 19, 2025, as a tech selloff pulled the Nasdaq down 1.5%. President Trump met Ukraine’s president and pledged U.S. support for Ukraine’s security in any peace deal. The U.S. Commerce Department expanded 232 tariffs to 407 new categories, affecting over $200 billion in imports. New Zealand’s central bank cut rates to 3.00%, sending the kiwi dollar to $0.584.

Stock Market Today

  • Williams-Sonoma Gains 1.58% as Market Declines, Eyes Upcoming Earnings
    May 19, 2026, 7:31 PM EDT. Williams-Sonoma (WSM) shares rose 1.58% to $171.83, outperforming the S&P 500's 0.67% drop. The stock had declined 16.27% over the past month, lagging the sector's 0.69% loss but behind the S&P 500's 4% gain. Investors await WSM's upcoming earnings report, expected to show $1.80 per share in EPS, down 2.7% year-over-year, with revenue projected to rise 4.25% to $1.8 billion. The company's full-year estimates anticipate 4.75% EPS growth and 4.39% revenue growth. Analyst estimate revisions have nudged EPS projections higher by 0.58% in 30 days, with WSM holding a Zacks Rank #3 (Hold). Valuation indicators show a Forward P/E of 18.27, slightly below industry average, while the PEG ratio of 2.12 exceeds the Retail - Home Furnishings sector average of 1.63.

Latest articles

James Hardie Drops After Warning on Housing, Even With Q4 Beat

James Hardie Drops After Warning on Housing, Even With Q4 Beat

20 May 2026
James Hardie’s U.S.-listed shares dropped 6.1% Tuesday and slid another 2.6% after hours after reporting a 35% fall in quarterly net income to $28.5 million, despite a 45% jump in net sales to $1.40 billion. The company cited weak housing demand and warned the market remains uncertain. ASX shares had not traded post-earnings; they last closed at A$26.78, up 2.9%.
SELLAS Stock Jumps as One Trial Number Puts Cancer Readout in Focus

SELLAS Stock Jumps as One Trial Number Puts Cancer Readout in Focus

20 May 2026
SELLAS Life Sciences shares rose 4.1% to $7.59 Tuesday after CEO Angelos Stergiou said its Phase 3 AML trial is two events from final analysis. The company reported $107.1 million in cash and a first-quarter net loss of $8.4 million. The REGAL trial’s main measure is overall survival. SELLAS remains blinded to results until the 80th event triggers data review.
Red Robin Shares Rise After Earnings Beat

Red Robin Shares Rise After Earnings Beat

20 May 2026
Red Robin shares surged 15.6% after hours to $4.45 Tuesday, following first-quarter revenue of $378.3 million that beat Wall Street estimates despite a 0.6% drop in comparable sales and a 1.6% decline in guest traffic. Net loss was $2.2 million, or 12 cents per share. The company reaffirmed its 2026 outlook and said refranchising talks are in final stages.
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