On May 21, CTC Media, Inc. (NASDAQ:CTCM) Russia’s leading independent media company, announces that all resolutions proposed at CTC Media’s 2014 Annual Stockholders Meeting, held on Monday, May 19, 2014, have been passed. CTC Media, Inc. (NASDAQ:CTCM) net profit margin is 18.80% and weekly performance is 7.82%. On last trading day company shares ended up $10.07. Analysts mean target price for the company is $11.59. CTC Media, Inc. (NASDAQ:CTCM) distance from 50-day simple moving average (SMA50) is 9.64%.
Zacks cut shares of Entravision Communication (NYSE:EVC) from an outperform rating to a neutral rating in a research note issued to investors on Friday. The firm currently has $6.70 price target on the stock. Entravision Communication (NYSE:EVC) shares advanced 0.58% in last trading session and ended the day on $5.24. Gross Margin is 53.70% and its return on assets is 28.60%. Entravision Communication (NYSE:EVC) quarterly performance is -15.21%.
Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) announced that it acquired the stock of Enterprise Technology Group (“ETG”), a provider of cloud-based content management, engagement and monetization solutions. The tuck-in acquisition adds new IP, technology and a team of skilled developers which complement Nexstar’s current content management businesses, and was funded through internal sources. Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) shares moved up 1.77% in last trading session and was closed at $44.83, while trading in range of $43.17 – $45.21. Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) year to date (YTD) performance is -18.98%.
LIN Media LLC (NYSE:LIN) a local multimedia company, announced that Adrienne Roark has been appointed President and General Manager of KOIN-TV, the local CBS affiliate, in Portland, OR. Ms. Roark is an accomplished television executive with more than 20 years of experience and a proven track record of strengthening television stations’ news positions across all platforms. She will join LIN Media after spending the last four years as Vice President and News Director at KTVT-TV, the local CBS affiliate in Dallas-Fort Worth, TX. During her tenure, Ms. Roark implemented an innovative digital and social media strategy and transformed the station’s largest department into a multiplatform content center that works hand-in-hand with every department to achieve results. Prior to that role, Ms. Roark was News Director at WFOR-TV, the local CBS affiliate in Miami, FL and Assistant News Director for WESH-TV, the local NBC affiliate in Orlando, FL. LIN MEDIA LLC (NYSE:LIN) ended the last trading day at $24.63. Company weekly volatility is calculated as 2.45% and price to cash ratio as 65.29. LIN MEDIA LLC (NYSE:LIN) showed a negative weekly performance of -0.85%.
Media General, Inc. (NYSE:MEG) a local broadcast television and digital media company, announced that James F. Woodward, Senior Vice President-Finance and Chief Financial Officer, received the “Distinguished CFO Award” at the annual conference of the Media Financial Management Association (MFM) in Miami, Florida. Media General, Inc. (NYSE:MEG) net profit margin is 8.60% and weekly performance is 1.84%. On last trading day company shares ended up $17.13. Analysts mean target price for the company is $3.50. Media General, Inc. (NYSE:MEG) distance from 50-day simple moving average (SMA50) is 2.33%.