NEW YORK, May 10, 2017 /PRNewswire/ --
Companies in the Broadcasting TV industry broadcast television programs for free to the public and for cable subscribers. The
profitability of individual firms depends on advertising volume, programming mix, and efficient operations. Today,
Stock-Callers.com shifts focus on these flour stocks: Grupo Televisa S.A.B. (NYSE: TV), News Corp. (NASDAQ: NWSA), TEGNA Inc.
(NYSE: TGNA), and Sinclair Broadcast Group Inc. (NASDAQ: SBGI). Learn more about these stocks by downloading their comprehensive
and free reports at:
http://stock-callers.com/registration
Grupo Televisa
On Tuesday, shares in Mexico City, Mexico-based Grupo Televisa S.A.B. rose 0.41%, ending the
day at $24.72. The stock recorded a trading volume of 4.66 million shares, which was above its
three months average volume of 1.80 million shares. The Company's shares have advanced 9.82% over the previous three months and
18.33% since the start of this year. The stock is trading above its 200-day moving average by 1.51%. Moreover, shares of Grupo
Televisa, which operates as a media company in the Spanish-speaking world, have a Relative Strength Index (RSI) of 44.41.
On April 28 th, 2017, Grupo Televisa announced that, as required, the Company's Form
20-F has been filed with the US SEC. The document is available on the Company's corporate website. Shareholders may request for a
printed copy of the Form 20-F filed, free of charge, by contacting Televisa's investor relations department. TV complete
research report is just a click away and free at:
http://stock-callers.com/registration/?symbol=TV
News
Shares in New York headquartered News Corp. ended the day 2.50% higher at $13.11. A total volume of 3.32 million shares was traded, which was above their three months average volume of
2.08 million shares. In the last month and the previous three months, the stock has gained 4.80% and 8.33%, respectively.
Additionally, the Company's shares have advanced 15.33% on an YTD basis. The stock is trading above its 50-day and 200-day moving
averages by 3.49% and 3.66%, respectively. Furthermore, shares of News Corp., which focuses on creating and distributing content
to consumers and businesses worldwide, have an RSI of 64.29.
On May 08 th, 2017, News Corp. announced that Marc Frons has been appointed Chief
Technology Officer. Mr. Frons has served in that role in an interim capacity since October 2016.
Additionally, Latha Maripuri, who currently serves as the Company's Chief Information Security
Officer, and Christina Scott, CTO for News UK, have both been promoted to the Deputy CTO
positions, while retaining their existing responsibilities. The complimentary report on NWSA can be downloaded at:
http://stock-callers.com/registration/?symbol=NWSA
TEGNA
At the close of trading on Tuesday, shares in McLean, Virginia headquartered TEGNA Inc.
finished 6.75% lower at $24.05. A total volume of 5.83 million shares was traded, which was above
their three months average volume of 2.06 million shares. The stock has advanced 4.36% over the previous three months and 13.05%
on an YTD basis. The Company's shares are trading above their 200-day moving average by 6.81%. Additionally, shares of TEGNA,
which engages in media and digital businesses in the US, have an RSI of 33.41.
On May 04 th, 2017, TEGNA and Cars.com announced they will hold separate investor
meetings focused on the upcoming spin-off of Cars.com. As previously announced, the spin will create two independent, publicly
traded companies: TEGNA, an innovative media company with the largest broadcast group among major network affiliates in the top
25 markets; and Cars.com, a leading digital automotive marketplace. The spin is expected to be completed on May 31 st, 2017. Sign up for your complimentary research report on TGNA at:
http://stock-callers.com/registration/?symbol=TGNA
Sinclair Broadcast
Sinclair Broadcast Group Inc.'s shares recorded a trading volume of 3.90 million shares at the end of yesterday's session,
which was higher than their three months average volume of 1.80 million shares. The stock closed the day 2.16% lower at
$35.35. The Company's shares have advanced 5.06% in the previous three months and 6.47% on an YTD
basis. The stock is trading above its 200-day moving average by 8.27%. Additionally, shares of Sinclair Broadcast Group, which
operates as a television broadcasting company in the US, have an RSI of 23.49.
On May 04 th, 2017, research firm The Benchmark Company reiterated its 'Buy' rating
on the Company's stock with an increase of the target price from $45 a share to $52 a share.
On May 08 th, 2017, Sinclair Broadcast and Tribune Media Company announced that they
have entered into a definitive agreement under which the former will acquire 100% of the issued and outstanding shares of Tribune
for $43.50 per share, for an aggregate purchase price of approximately $3.9
billion, plus the assumption of approximately $2.7 billion in net debt. Get free access to
your research report on SBGI at:
http://stock-callers.com/registration/?symbol=SBGI
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