NEW YORK, November 30, 2016 /PRNewswire/ --
Stock-Callers.com today is closely watching the following equities to see how current market conditions have influenced their most recent performances: Grupo Televisa S.A.B. (NYSE: TV), TEGNA Inc. (NYSE: TGNA), Scripps Networks Interactive Inc. (NASDAQ: SNI), and Sinclair Broadcast Group Inc. (NASDAQ: SBGI). These companies belong to the global TV Broadcasting industry which is forecasted to generate $318.3 billion in revenue in 2020. You can access of our complimentary research reports on these stocks now at:
At the close on Tuesday, shares in Mexico City, Mexico-based Grupo Televisa S.A.B. rose 1.50%, ending the day at $20.94. The stock recorded a trading volume of 5.04 million shares, which was above its three months average volume of 2.72 million shares. The Company's shares are trading below their 50-day moving average by 14.56%. Moreover, shares of Grupo Televisa, which operates as a media company in the Spanish-speaking world, have a Relative Strength Index (RSI) of 30.59.
On October 27th, 2016, Grupo Televisa's net sales increased by 6.6% to Ps.23,722.3 million in Q3 2016 compared to Ps.22,255.6 million in Q3 2015. The company's operating segment income in the reported quarter increased by 4.1%, reaching Ps.9,979.1 million with a margin of 40.6%. Net income attributed to the company's stockholders decreased to Ps.1,062.1 million in Q3 2016 compared to Ps.6,545.8 million in Q3 2015. Visit us today and download your complete report on TV for free at:
Shares in McLean, Virginia headquartered TEGNA Inc. ended the day 0.40% higher at $22.37, with a total trading volume of 1.35 million shares. In the last month and the previous three months, the stock has gained 13.78% and 9.99%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 7.50% and 0.93%, respectively. Furthermore, shares of TEGNA, which engages in media and digital businesses in the US, have an RSI of 60.38.
On November 15th, 2016, CareerBuilder, which is owned by TEGNA, Tribune Media, and McClatchy, announced that it plans to use Google Cloud Jobs API, the latest cloud-based machine learning API offered by Google Cloud Platform, to help job seekers connect with the right employers faster than ever before. Equipped with deep knowledge in recruitment and human capital management, CareerBuilder is leveraging the scale of Google's expertise in machine learning to provide swifter, more relevant results for workers looking for jobs.
On November 23rd, 2016, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'. The complimentary research report on TGNA can be accessed at:
Scripps Networks Interactive
On Tuesday, shares in Knoxville, Tennessee headquartered Scripps Networks Interactive Inc. finished 1.51% higher at $70.06 with a total trading volume of 1.13 million shares. The stock has advanced 10.23% in the last one month, 10.64% over the previous three months, and 27.45% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 8.11% and 9.61%, respectively. Additionally, shares of Scripps Networks Interactive, which develops lifestyle-oriented content for linear and interactive video platforms in the US, the UK and other European markets, the Middle East and Africa, the Asia-Pacific, and Latin America, have an RSI of 58.51.
On November 10th, 2016, Scripps Networks Interactive's board of directors declared a quarterly dividend of $0.25 per share payable on December 10th, 2016, to shareholders of record at the close of business on November 30th, 2016. Register for free on Stock-Callers.com and download the PDF research report on SNI at:
Sinclair Broadcast Group
Hunt Valley, Maryland headquartered Sinclair Broadcast Group Inc.'s shares recorded a trading volume of 1.01 million shares at the end of yesterday's session and closed the day at $32.35, gaining 1.73%. The stock has advanced 29.40% in the last one month, 13.07% over the previous three months, and 1.15% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 16.19% and 9.10%, respectively. Additionally, shares of Sinclair Broadcast Group, which operates as a television broadcasting company in the US, have an RSI of 71.29.
On November 29th, 2016, Sinclair Broadcast announced that during Q1 2017 the news production for WNWO (NBC24) in Toledo, Ohio will be reorganized in order to improve both the news product and production efficiencies. All of the local news content will continue to be covered by local reporters and will be produced in Toledo, but the technical aspects of the newscast will be handled by staff at Sinclair's South Bend, Indiana station. The master control for WNWO by which content is readied for broadcast and commercials are inserted, will also be handled out of South Bend. Get free access to your research report on SBGI at:
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