New York headquartered Time Warner Inc.'s shares declined 0.10%, closing Wednesday's trading session at $96.32. The stock recorded a trading volume of 4.32 million shares, which was above its three months average volume of 4.04 million shares. The Company's shares have advanced 5.90% in the previous three months. The stock is trading 0.61% above its 50-day moving average and 15.74% above its 200-day moving average. Additionally, shares of Time Warner, which operates as a media and entertainment company in the US and internationally, have a Relative Strength Index (RSI) of 51.39.
On February 09th, 2017, research firm Drexel Hamilton downgraded the Company's stock rating from 'Buy' to 'Hold'.
On February 15th, 2017, Time Warner announced that its shareholders voted to adopt the merger agreement between AT&T Inc. and Time Warner Inc., with 78% of the outstanding shares of common stock voting in favor; and of the shares voted, 99% were cast in favor of the proposal. Having obtained shareholders' approval of the transaction, and with regulatory review of the deal underway, the Company continues to expect the transaction to close before year end 2017. Visit us today and download your complete report on TWX for free at:
Twenty-First Century Fox
On Wednesday, shares in New York headquartered Twenty-First Century Fox Inc. recorded a trading volume of 1.68 million shares. The stock rose 0.30%, ending the day at $30.15. The Company's shares have advanced 2.17% in the last month, 8.88% in the previous three months, and 10.64% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.73% and 10.13%, respectively. Furthermore, shares of Twenty-First Century Fox, which operates as a diversified media and entertainment company worldwide, have an RSI of 55.46.
On February 21st, 2017, FOX News Channel (FNC), owned by 21st Century Fox, announced that it has signed oncologist and Affordable Care Act architect Dr. Ezekiel Emanuel as a contributor. In this role, effective immediately, he will offer healthcare and policy analysis across FNC and FOX Business Network's daytime and primetime programming. The complimentary research report on FOX can be accessed at:
New York headquartered Viacom Inc.'s stock finished the day 0.43% lower at $44.51 with a total trading volume of 3.34 million shares. The Company's shares have gained 10.39% in the last one month, 18.52% in the previous three months, and 26.81% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 13.48% and 12.22%, respectively. Additionally, shares of Viacom, which operates as media brand worldwide, have an RSI of 73.08.
On February 10th, 2017, research firm Barclays downgraded the Company's stock rating from 'Overweight' to 'Equal Weight' with a target price of $45 per share.
On February 22nd, 2017, Viacom announced that Brad Grey will step down from his role as Chairman and Chief Executive Officer of Paramount Pictures. The Company is commencing a comprehensive search to identify a successor, and Grey will remain at Paramount for a period to support the transition. Register for free on Stock-Callers.com and download the PDF research report on VIAB at:
Shares in New York headquartered AMC Networks Inc. ended yesterday's session 0.33% lower at $57.50. The stock recorded a trading volume of 659,809 shares. The Company's shares have advanced 1.45% in the last one month, 9.57% over the previous three months, and 9.86% on an YTD basis. The stock is trading 4.88% and 3.35% above its 50-day and 200-day moving averages, respectively. Moreover, shares of AMC Networks, which engages in the ownership and operation of various cable televisions' brands delivering content to audiences, and a platform to distributors and advertisers in the US and internationally, have an RSI of 63.77.
On February 02nd, 2017, AMC Networks announced that it will host a conference call to discuss results for Q4 and full year 2016 on February 23rd, 2017, at 10:00 a.m. ET. AMC Networks will issue a press release reporting its results prior to the market opening.
On February 10th, 2017, research firm Deutsche Bank initiated a 'Hold' rating on the Company's stock with a target price of $64 per share. Get free access to your research report on AMCX at:
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