Tag: SBGI

  • Broadcasting TV stocks: News Corp (NASDAQ:NWSA), Grupo Televisa (NYSE:TV), Liberty Media (NASDAQ:LMCA), Sinclair Broadcast Group (NASDAQ:SBGI), Central European Media Enterprises (NASDAQ:CETV)

    NWS Digital Asia Pte Limited, a subsidiary of News Corp (NASDAQ:NWSA) announced that it has formed a strategic partnership with FromOne Co., Ltd. (FromOne) to represent BallBall (BallBall.com), its exclusive digital European football platform in Japan for mobile and online. News Corp (NASDAQ:NWSA) net profit margin is -7.10% and weekly performance is 0.23%. On last trading day company shares ended up $17.09. Analysts mean target price for the company is $18.65. News Corp (NASDAQ:NWSA) distance from 50-day simple moving average (SMA50) is -0.57%.

    On May 2, Grupo Televisa S.A.B. (ADR) (NYSE:TV) reported disappointing financial results for the first quarter of 2014. Net income was approximately $66 million, down 20.2% year over year. Earnings per Global Depository Shares (GDS) were 11 cents, missing the Zacks Consensus Estimate of 13 cents. Quarterly consolidated net revenue of around $1,303.4 million improved 9% over the prior-year quarter. However, the figure significantly fell short of the Zacks Consensus Estimate of $1,449 million. Grupo Televisa SAB (ADR) (NYSE:TV) shares fell -0.63% in last trading session and ended the day on $33.28. Gross Margin is 46.40% and its return on assets is 4.90%. Grupo Televisa SAB (ADR) (NYSE:TV) quarterly performance is 13.54%.

    Liberty Media Corp (NASDAQ:LMCA) had its target price decreased by Maxim Group from $220.00 to $191.00 in a research note released on Thursday morning. They currently have a buy rating on the stock. Liberty Media Corp (NASDAQ:LMCA) shares moved up 0.67% in last trading session and was closed at $126.73, while trading in range of $124.90 – $127.14. Liberty Media Corp (NASDAQ:LMCA) year to date (YTD) performance is 9.98%.

    Sinclair Broadcast Group Inc (NASDAQ:SBGI) VP Barry Faber unloaded 6,400 shares of the company’s stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $29.33, for a total transaction of $187,712.00. Following the sale, the vice president now directly owns 62,066 shares in the company, valued at approximately $1,820,396. Sinclair Broadcast Group Inc (NASDAQ:SBGI) ended the last trading day at $30.20. Company weekly volatility is calculated as 2.51% and price to cash ratio as 9.25. Sinclair Broadcast Group Inc (NASDAQ:SBGI) showed a positive weekly performance of 3.89%.

    Central European Media Enterprises (NASDAQ:CETV) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Thursday. The firm currently has a $2.80 price target on the stock.Zacks‘s target price indicates a potential upside of 0.72% from the stock’s previous close. Central European Media Enterprises Ltd. (NASDAQ:CETV) net profit margin is -32.40% and weekly performance is 2.16%. On last trading day company shares ended up $2.84. Central European Media Enterprises Ltd. (NASDAQ:CETV) distance from 50-day simple moving average (SMA50) is -4.03%.