Broadcasting TV stocks: Grupo Televisa SAB (NYSE:TV), Central European Media Enterprises (NASDAQ:CETV), Gray Television (NYSE:GTN), Scripps Networks Interactive (NYSE:SNI)

Broadcaster Grupo Televisa SAB (ADR) (NYSE:TV) was declared as dominant in television, and faces specific regulation such as sharing its infrastructure with rival broadcasters and providing its channels free of charge to pay-television systems. Grupo Televisa SAB (ADR) (NYSE:TV) shares after opening at $32.63 moved to $33.15 on last trade day and at the end of the day closed at $32.83. Company price to sales ratio in past twelve months was calculated as 3.69 and price to cash ratio as 14.68. Grupo Televisa SAB (ADR) (NYSE:TV) showed a positive weekly performance of 3.66%.

Central European Media Enterprises Ltd. (Nasdaq:CETV) and Time Warner Media Holdings B.V. (“Time Warner” which, unless the context indicates otherwise, includes Time Warner Inc. (NYSE: TWC) and its affiliates other than CME) entered into a Standby Purchase Agreement (the “Standby Purchase Agreement”) in connection with CME’s previously-announced rights offering. Central European Media Enterprises Ltd. (NASDAQ:CETV) shares advanced 10.58% in last trading session and ended the day on $ 3.03. CETV return on equity ratio is recorded as -52.40% and its return on assets is -13.90%. Central European Media Enterprises Ltd. (NASDAQ:CETV) yearly performance is -29.21%.

Shares of Gray Television (NYSE:GTN) were picking up static, falling as much as 14% and finishing down 11% after the broadcast TV sector was downgraded by Wells Fargo this morning. Gray Television, Inc. (NYSE:GTN) shares moved up 5.36% in last trading session and was closed at $9.83 while trading in range of $9.21 – $9.84 – Gray Television, Inc. (NYSE:GTN) year to date (YTD) performance is -33.94%.

Julie Yoo has been selected to lead corporate development strategy and activities for Scripps Networks Interactive (NYSE:SNI). Scripps Networks Interactive, Inc. (NYSE:SNI) weekly performance is 1.65%. On last trading day company shares ended up $75.73. Scripps Networks Interactive, Inc. (NYSE:SNI) distance from 50-day simple moving average (SMA50) is -1.81%. Analysts mean target price for the company is $83.82.

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