Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Research Reports Initiation on Broadcasting - TV Stocks -- Tribune Media, Scripps Networks Interactive, Gray Television, and Nexstar Media

GTN, NXST

PR Newswire

NEW YORK, May 1, 2017 /PRNewswire/ --

TV Broadcasting firms operate studios and facilities that program and deliver audiovisual content to the public via over-the-air transmission. The types of programming offered by these companies can be made by broadcasters or by affiliates that exist outside the industry. Pre-market, Stock-Callers.com has lined up for scanning the following four stocks: Tribune Media Co. (NYSE: TRCO), Scripps Networks Interactive Inc. (NASDAQ: SNI), Gray Television Inc. (NYSE: GTN), and Nexstar Media Group Inc. (NASDAQ: NXST). Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

Tribune Media  

Last Friday, Chicago, Illinois-based Tribune Media Co.'s stock declined 0.76%, to close the day at $36.56. A total volume of 443,689 shares was traded. The Company's shares have advanced 29.46% in the previous three months and 25.29% on an YTD basis. The stock is trading 16.06% above its 200-day moving average. Additionally, shares of Tribune Media, which through its subsidiaries, operates as a media and entertainment company in the US, have a Relative Strength Index (RSI) of 41.61.

On April 20 th, 2017, research firm Wells Fargo downgraded the Company's stock rating from 'Outperform' to 'Market Perform'.

On April 27 th, 2017, CareerBuilder, a global, end-to-end human capital solutions company owned by Tribune Media, TEGNA Inc., and McClatchy, announced that in its new survey, 74% of employers said that they plan to hire recent college graduates this year, up from 67% last year, and the highest outlook since 2007. 50% of employers plan to offer recent college graduates higher pay this year than in 2016, and 39% will pay a starting salary of $50,000 or more. The free research report on TRCO is available at:

http://stock-callers.com/registration/?symbol=TRCO


Scripps Networks Interactive  

Shares in Knoxville, Tennessee headquartered Scripps Networks Interactive Inc. saw a decline of 1.22%, finishing Friday's session at $74.72. The stock recorded a trading volume of 983,272 shares. The Company's shares have gained 4.69% since the start of this year. The stock is trading above its 200-day moving average by 6.20%. Furthermore, shares of Scripps Networks Interactive, which develops lifestyle-oriented content in the US, the UK and other European markets, Middle East and Africa, Asia-Pacific, and Latin America, have an RSI of 36.29.

On April 12 th, 2017, Food Network, general partner of and managed by Scripps Networks Interactive, announced that culinary icons Bobby Flay and Giada De Laurentiis return as mentors and judges on its competition series Food Network Star, premiering Sunday, June 04th, 2017, at 9:00 p.m. ET. Thirteen fresh competitors enter the kitchen to showcase their cooking and on-camera skills over 11 episodes to prove that they have what it takes to join the Food Network family. The complimentary report on SNI can be downloaded at:


http://stock-callers.com/registration/?symbol=SNI


Gray Television  

Atlanta, Georgia headquartered Gray Television Inc.'s stock finished 4.25% lower at $14.65 last Friday at the close. A total volume of 1.00 million shares was traded, higher than their three months average volume of 938,260 shares. The Company's shares have advanced 6.16% in the past month, 27.39% in the previous three months, and 35.02% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.78% and 28.14%, respectively. Additionally, shares of Gray Television, which owns and operates television stations and digital assets in the US, have an RSI of 51.04.

On April 13 th, 2017, Gray Television announced that it will release its earnings results for the quarter ending March 31 st, 2017 on Thursday, May 04 th, 2017. The Company will host a conference call to discuss its operating results beginning 11:00 a.m. ET on the same day. The call will be webcast live and available for replay. Visit us today and download our complete research report on GTN for free at:

http://stock-callers.com/registration/?symbol=GTN


Nexstar Media Group  

Irving, Texas headquartered Nexstar Media Group Inc.'s shares ended the session 1.43% lower at $69.00. The stock recorded a trading volume of 755,867 shares, which was above its three months average volume of 509,490 shares. Shares of the Company have advanced 0.73% in the last month, 8.91% over the previous three months, and 9.51% on an YTD basis. The stock is trading 15.42% above its 200-day moving average. Moreover, shares of Nexstar Media, which operates as a television broadcasting and digital media company in the US, have an RSI of 48.68.

On April 21 st, 2017, Nexstar Media announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share of its Class A common stock. The dividend is payable on Friday, May 26 th, 2017, to shareholders of record on Friday, May 12 th, 2017. Get free access to your technical report on NXST at:

http://stock-callers.com/registration/?symbol=NXST

--

Stock Callers:  

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES :

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you ' re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number:  +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP


CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Chelmsford Park SA