NEW YORK, December 11, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting CBS Corporation (NYSE: CBS), DIRECTV, Inc. (NASDAQ: DTV), News Corp. (NASDAQ: NWSA), Sinclair Broadcast Group Inc. (NASDAQ: SBGI), and Gray Television Inc. (NYSE: GTN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
CBS Corporation Research Report
On November 26, 2013, CBS Corp. (CBS) announced that its Board of Directors has approved a quarterly dividend of $0.12 per share on the Company's common stock. According to the Company, the dividend will be paid on January 1, 2014, to shareholders of record as on December 11, 2013. The Full Research Report on CBS Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
DIRECTV, Inc. Research Report
On December 4, 2013, DIRECTV, Inc. (DIRECTV) announced its partnership with two leading digital technology companies, namely, LiveClips and i.TV. According to the Company, the LiveClips technology platform aggregates live, post-game or archived sports feeds to create, digitize and deliver discrete searchable video clips of every play for delivery to linear broadcast and digital devices. LiveClips' unique technology system delivers immediate personalized sports highlights for the DIRECTV NFL SUNDAY TICKET App experience. Meanwhile, DIRECTV will be integrating i.TV's capabilities into its next-generation second screen app, which is scheduled to launch before the end of 2013. Tony Goncalves, Senior Vice President, Digital Entertainment Products, DIRECTV, announced "We look forward to working closely with the management and Board members of these companies to bring new features and functionality that will wow our customers and define the next stage in the evolution of the television experience, especially in an evolving mobile world. These, and other investments, are more than financial, they're partnerships. We acquire unique capabilities to embed in our products and the ability to influence roadmaps. In turn, these companies gain access to a world-class technology team and the subscriber scale of DIRECTV." The Full Research Report on DIRECTV, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
News Corp. Research Report
On December 4, 2013, News Corp. announced that it has appointed Jim Kennedy as the Company's Chief Communications Officer. According to the Company, in his new role, Jim will be responsible for the Company's global corporate communications and media relations initiatives and strategy. "Jim Kennedy is the canniest of communicators and the wisest of wordsmiths," said News Corp's Chief Executive, Robert Thomson. "His global experience and Washington expertise mean that he has a contact network that extends from Tokyo to Tucson." The Full Research Report on News Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Sinclair Broadcast Group Inc. Research Report
On November 25, 2013, Sinclair Broadcast Group, Inc. (Sinclair) announced that it has completed acquisition of 18 television stations owned by Barrington Broadcasting Group, LLC for $370.0 million. Further, the Company stated that it has entered into agreements to operate or provide sales services to another six stations. According to the Company, the 24 stations are located in 15 markets and reach 3.4% of the U.S. TV households. Sinclair added that the acquisition was funded through cash on hand. The Full Research Report on Sinclair Broadcast Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Gray Television Inc. Research Report
On November 20, 2013, Gray Television, Inc. (Gray) announced that the Company together with Excalibur Broadcasting, LLC, has agreed to acquire a total of 15 network-affiliated television stations in seven markets from Hoak Media, LLC (Hoak) and Parker Broadcasting, Inc. (Parker). According to the Company, the transaction is valued at $335.0 million in cash, plus a working capital adjustment. "We are thrilled to have the opportunity to bring the Hoak, Parker and Prime Cities television stations into the Gray community," said Hilton Howell, Gray's President and CEO. "These transactions will yield impressive synergies, many of which are unique to Gray given how well the stations' locations, operations and culture complement our own." Gray stated that it expects the transactions to provide significant free cash flow and be immediately accretive to the Company's free cash flow. The Full Research Report on Gray Television Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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SOURCE Analysts' Corner