Broadcasting TV stocks: News Corp (NASDAQ:NWSA), Sinclair Broadcast Group (NASDAQ:SBGI), CTC Media (NASDAQ:CTCM), Liberty Media Corp (NASDAQ:LMCA)

NWS Digital Asia Pte Limited, a subsidiary of News Corp (NASDAQ:NWSA) announced on 7 april the launch of its strategic partnership with Galaxy Media & Entertainment (Galaxy ME) in Vietnam to represent BallBall, the exclusive digital European Football platform in Vietnam for mobile and online (BallBall.com). News Corp (NASDAQ:NWSA) shares after opening at $16.72 moved to $17.02 on last trade day and at the end of the day closed at $16.88. Company price to sales ratio in past twelve months was calculated as 1.11 and price to cash ratio as 3.34. News Corp (NASDAQ:NWSA) showed a positive weekly performance of 0.30%.

Sinclair Broadcast Group Inc. (NASDAQ:SBGI) is moving forward with its plans to spin off some television properties to allow it to buy the ALLBRITTON television stations, hiring MOELIS AND COMPANY to serve as exclusive financial advisor for the potential sale of WHP-TV. Sinclair Broadcast Group Inc. (NASDAQ:SBGI) shares advanced 0.51% in last trading session and ended the day on $27.55. SBGI return on equity ratio is recorded as 76.50% and its return on assets is 3.50%. Sinclair Broadcast Group Inc. (NASDAQ:SBGI) yearly performance is 12.17%.

CTC Media (NASDAQ:CTCM) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued on Wednesday, AnalystRatingsNetwork.com reports. They currently have a $8.90 price objective on the stock. Zacks‘s price objective suggests a potential upside of 2.18% from the company’s current price. CTC Media, Inc. (NASDAQ:CTCM) shares moved up 2.39% in last trading session and was closed at $9.84, while trading in range of $9.52 – $9.95. CTC Media, Inc. (NASDAQ:CTCM) year to date (YTD) performance is -27.86%.

Earlier this month, Liberty Media Corp. (NASDAQ:LMCA) also agreed to reduce its stake in Barnes & Noble. John Malone’s media company said it would retain about 10% of its stake and Liberty Chief Executive Greg Maffei has left the company’s board. Liberty Media Corp (NASDAQ:LMCA) weekly performance is 0.28%. On last trading day company shares ended up $124.76. Liberty Media Corp (NASDAQ:LMCA) distance from 50-day simple moving average (SMA50) is -5.23%. Analysts mean target price for the company is $168.27.