Money is leaving growth stocks for value names. That’s not good for the overall market

Money is leaving growth stocks for value names. That’s not good for the overall market

A renewed rotation out of growth stocks and into value names has more sinister implications for the overall market, historical records indicate. In a Monday note, Stifel strategist Barry Bannister wrote that investors may not be cautious enough as the market rotates out of large-cap growth stocks into their value counterparts. The strategist added that…

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Broadcast station owners want to consolidate. They’re struggling to get deals done

Broadcast station owners want to consolidate. They’re struggling to get deals done

The Sinclair Broadcast Group, Inc. headquarters are seen July 17, 2024 in Cockeysville, Maryland. Kevin Dietsch | Getty Images The broadcast television industry knows it needs to consolidate. It’s just struggling with how to do it. In August, Nexstar Media Group, the largest owner of broadcast stations in the U.S., announced a proposed $6.2 billion…

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