Salem Buys Finance Site TradersCrux

Salem Media Group in Camarillo has added investment information website TradersCrux to its growing portfolio of financial advisory services. TradersCrux operates TradersCrux.com, a website that offers investment insights for individual investors. The site also publishes a daily newsletter with links to articles from around the internet, according to Salem. TradersCrux will join Salem’s Eagle Financial Publications, a division that includes StockInvestor.com, DividendInvestor.com and RetirementWatch.com. Eagle Financial also offers financial software and services from investment experts such as Mike Turner, whose product line Salem purchased in October. Salem announced the acquisition Thursday. The company’s stock (SALM) rose 10 cents, or 1.4 percent, to close Friday at $7.15 on the Nasdaq.