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Financial Results, Company Announcements, and Investors Conferences - Research Report on Gray, LIN Media, Pandora, SIRIUS XM, and News Corp.


News provided by

Analysts' Corner

Nov 14, 2013, 08:00 ET

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NEW YORK, November 14, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Gray Television Inc. (NYSE: GTN), LIN Media LLC (NYSE: LIN), Pandora Media, Inc. (NYSE: P), SIRIUS XM Radio Inc. (NASDAQ: SIRI), and News Corp. (NASDAQ: NWSA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Gray Television Inc. Research Report

On November 7, 2013, Gray Television Inc. (Gray) reported its financial results for Q3 2013. Gray's total revenue went down to $88.3 million for Q3 2013, down 14.2% YoY. The Company informed that the decline in revenue was primarily due to the expected decrease in political advertising revenue during the "off-year" of the two-year political advertising cycle. For Q3 2013, Gray's net income attributable to common stockholders was $7.1 million or $0.12 per diluted share, compared with $14.6 million or $0.26 per diluted share in Q3 2012. 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:

[http://www.AnalystsCorner.com/r/full_research_report/4813_GTN]

--

LIN Media LLC Research Report

On November 6, 2013, LIN Media LLC (LIN Media) reported its financial results for Q3 2013. The Company's net revenues went up 22.6% to $163.1 million. Net income attributable to LIN Media was $146.9 million or $2.63 per diluted share, compared with $19.7 million or $0.36 per diluted share in Q3 2012. LIN Media's President and CEO Vincent L. Sadusky commented, "We achieved another quarter of significant growth in revenues from our digital businesses and pay TV subscriber fees and our core time sales continue to gain momentum. Looking forward, our long-term strategy and the increased demand for our innovative multiscreen advertising solutions position us well for the remainder of 2013 and the political year ahead." The Full Research Report on LIN Media LLC - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.AnalystsCorner.com/r/full_research_report/e93e_LIN]

--

Pandora Media, Inc. Research Report

On November 6, 2013, Pandora Media, Inc. (Pandora Media) reported that it will release its Q3 FY 2014 financial results on Thursday, November 21, 2013, after the market closing. Pandora Media will also hold a conference call at 2:00 p.m. PT (5:00 p.m. ET) to review the quarterly financial results with the event participants. The Company informed that interested parties can access a live audio webcast of the event via its Investor Relations website. The Full Research Report on Pandora Media, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.AnalystsCorner.com/r/full_research_report/b421_P]

--

SIRIUS XM Radio Inc. Research Report

On November 11, 2013, SIRIUS XM Radio Inc. (SIRIUS XM) reported that Joe Torre will take part at an exclusive Q&A session with an audience made up of SiriusXM listeners at the SiriusXM Studios in New York City on Monday, November 18, 2013. The Company reported that Torre is Major League Baseball's EVP of Baseball Operations, a nine-time All-Star and four-time World Series Champion manager. The event is part of SiriusXM's exclusive "Town Hall" series. Entitled "SiriusXM's Town Hall with Joe Torre," the event will air live at 2:00 p.m. ET on Mad Dog Sports Radio, SiriusXM channel 86 - to be moderated by the channel's headline host, Chris Russo. Torre commented, "Throughout my career in baseball, I've always appreciated the interaction with the fans. So I am looking forward to what will be a unique conversation with SiriusXM's listeners and Chris Russo on November 18, and I am pleased to have the opportunity to talk about my time in the game and the important work we are doing off the field with the Safe At Home Foundation." The Full Research Report on SIRIUS XM Radio Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.AnalystsCorner.com/r/full_research_report/1575_SIRI]

--

News Corp. Research Report

On November 11, 2013, News Corp. reported its financial results for Q1 FY 2014 (period ended September 30, 2013). The Company's revenues for the quarter were $2.1 billion, down 2.9% YoY. Net income attributable to News Corp. stockholders was $27 million or $0.05 per diluted share, compared with net loss available to News Corp. stockholders of $92 million or $0.16 per diluted share in Q1 FY 2013. Chief Executive Robert Thomson commented, "Our first quarter as the new News was the beginning of a journey in the digital development of the company. There are certainly headwinds in Australia, magnified by inauspicious foreign currency movements, but we have been consistently cost conscious and are transforming our publishing operations longer-term into multi-platform businesses. We are vigorously pursuing a strategy to improve our revenue prospects and we look forward to updating all in future quarters." The Full Research Report on News Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.AnalystsCorner.com/r/full_research_report/0e59_NWSA]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is 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 by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does 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.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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