Richmond, Virginia headquartered Media General Inc.'s stock declined 0.11%, finishing last Friday's session at $18.25. A total volume of 532,753 shares was traded. The Company's shares have advanced 4.58% in the past month, 2.59% in the previous three months, and 13.00% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.72% and 5.41%, respectively. Additionally, shares of Media General, which owns and operates television stations in the US, have a Relative Strength Index (RSI) of 65.09.
On November 9th, 2016, the Company reported a net loss attributable to Media General of $69 million ($0.53 loss per diluted share) compared to a net loss of $48 million ($0.38 loss per diluted share) in Q3 2015. The company's net revenues increased 17% to $377 million compared to $322 million in Q3 2015. Broadcast cash flow increased 50% to $135 million compared to $90 million in Q3 2015. Your complete research report on MEG can be retrieved for free at:
On Friday, shares in Chicago, Illinois-based Tribune Media Co. ended the session 1.70% lower at $35.24. The stock recorded a trading volume of 423,641 shares. The Company's shares have gained 5.43% in the last month and 7.00% since the start of this year. The stock is trading above its 50-day moving average by 2.45%. Moreover, shares of Tribune Media, which through its subsidiaries, operates as a media and entertainment company in the US, have an RSI of 60.26.
On November 16th, 2016, Tribune Media and ATTN: announced a strategic partnership that significantly expands Tribune's reach with audiences who rely primarily on content viewed on social and mobile platforms to stay informed. Tribune also announced an investment in ATTN:, the issue-driven media company reaching millions of people every day with original content specifically programmed for social platforms. Financial terms were not disclosed. TRCO free report is just a click away at:
The E. W. Scripps
Cincinnati, Ohio headquartered The E. W. Scripps Co.'s stock gained 0.12%, to close the day at $16.57 with a total trading volume of 437,176 shares. The Company's shares have advanced 18.44% in the last one month. The stock is trading 10.53% above its 50-day moving average and 2.38% above its 200-day moving average. Additionally, shares of E. W. Scripps, which together with its subsidiaries, operates as a media enterprise with a portfolio of television, radio, and digital media brands, have an RSI of 74.29.
On November 7th 2016, research firm The Benchmark Company reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $24 a share to $19 a share.
On November 9th, 2016, E. W. Scripps announced that Rich Boehne will retire from his role as the company's president and CEO of during H2 2017, and the company has appointed Chief Digital Officer, Adam Symson, to the new position of chief operating officer. As COO, Symson will report to Boehne and oversee day-to-day operations of the company's broadcast TV, digital media and radio divisions. He is expected to move into the chief executive role when Boehne retires. Sign up for your complimentary research report on SSP at:
The Liberty Media Group
Shares in US-based The Liberty Media Group recorded a trading volume of 462,426 shares, and ended Friday's session 0.76% higher at $33.01. The stock has gained 16.81% in the past month, 51.91% over the previous three months, and 19.76% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 16.22% and 40.27%, respectively. Furthermore, shares of Liberty Media, which through its subsidiaries, provides entertainment services, have an RSI of 77.49.
On November 8th, 2016, Liberty Media reported that Q3 2016 revenue climbed 9% to $1.3 billion, a quarterly record. The company's net income rose 16% to $194 million and adjusted EBITDA grew 10% to $492 million. During the reported quarter, Liberty Media made minority investment in Formula 1 and announced an agreement to acquire Formula 1.
On November 16th, 2016, research firm Pivotal Research Group reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $35 a share to $55 a share. Register for free on Stock-Callers.com and download the latest research report on LMCA at:
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 email@example.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.
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
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:
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