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Stock Price Update, Earnings Results, Appointment, Acquisitions, and Reclassification Plans - Analyst Notes on Liberty Media, Scripps Networks, Nexstar Broadcasting, Korn Ferry, and CTC Media

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


News provided by

Analysts Review

Mar 19, 2014, 08:00 ET

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NEW YORK, March 19, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Liberty Media Corporation (NASDAQ: LMCA), Scripps Networks Interactive, Inc. (NYSE: SNI), Nexstar Broadcasting Group Inc. (NASDAQ: NXST), KornFerry International (NYSE: KFY), and CTC Media, Inc. (NASDAQ: CTCM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

Liberty  Media  Corporation  Analyst  Notes

On March 13, 2014, Liberty Media Corporation (Liberty Media) announced that its Board of Directors has authorized the management to pursue a plan to reclassify its common stock so as to create two new tracking stock groups, one to be designated the Liberty Media Group and the other to be designated the Liberty Broadband Group, and to distribute subscription rights related to the Liberty Broadband Group. According to the Company, it intends to attribute to the Liberty Broadband Group its interest in Charter Communications, Inc., its interest in Time Warner Cable Inc. and its subsidiary TruePosition, Inc. along with a note obligation from the Liberty Broadband Group to the Liberty Media Group, a call option liability associated with Liberty's Time Warner Cable Inc. shares and liabilities at TruePosition, Inc. Liberty Media also said that cash raised from the exercise of Liberty Broadband subscription rights will be attributed to the Liberty Broadband Group. The full analyst notes on Liberty Media Corporation are available to download free of charge at:

http://www.AnalystsReview.com/03192014/LMCA/report.pdf

Scripps  Networks  Interactive,  Inc.  Analyst  Notes

On March 14, 2014, Scripps Networks Interactive, Inc.'s (Scripps Networks Interactive) stock increased 0.48%, ending the day at $78.74. Over the previous three trading sessions, shares of Scripps Networks Interactive declined 1.71%, compared to the Dow Jones industrial average Index which declined 1.75% during the same period. The full analyst notes on Scripps Networks Interactive, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03192014/SNI/report.pdf

Nexstar  Broadcasting  Group  Inc.  Analyst  Notes

On March 13, 2014, Nexstar Broadcasting Group Inc. (Nexstar Broadcasting) announced that it has entered into a definitive agreement to acquire the assets of Internet Broadcasting Systems, Inc. (IB), which is a leading digital publishing platform and digital agency services provider for $20.0 million in a transaction that is expected to be accretive to 2014 results. Nexstar Broadcasting said that the acquisition will be funded through internal sources and is expected to close later in March 2014. The Company stated that the planned acquisition of IB substantially broadens Nexstar's digital media portfolio with technologies that are complementary to the Company's and IB's clients' existing digital businesses and multi-screen strategies. Nexstar Broadcasting mentioned that IB will operate as a separate division in the Company's digital media portfolio. The full analyst notes on Nexstar Broadcasting Group Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03192014/NXST/report.pdf

KornFerry  International  Analyst  Notes

On March 12, 2014, KornFerry International (Korn Ferry) announced that Liz Boardman has joined the Company as Senior Client Partner of the firm's Sports Practice. According to the Company, Boardman has led senior executive assignments for sports organizations, major sports leagues, teams, conferences, and educational institutions. Jed Hughes, Vice Chair and Leader of Korn Ferry's Global Sports Practice, said, "Liz Boardman is a rising star and brings an impressive skill set and track record of accomplishment that she has developed through building outstanding relationships with key leaders in the industry. I am thrilled in her being a core part of our continued effort to expand our global sports practice. The credibility she has gained in the industry in just two years is unparalleled." The full analyst notes on KornFerry International are available to download free of charge at:

http://www.AnalystsReview.com/03192014/KFY/report.pdf

CTC  Media,  Inc.  Analyst  Notes

On March 6, 2014, CTC Media, Inc. (CTC Media) reported its financial results for Q4 2013 and full year 2013. Total operating revenue decreased 1.7% YoY to $259.7 million during the quarter. Net income attributable to CTC Mediastockholders was $45.5 million or $0.29 per diluted share in Q4 2013, compared to net income of $64.9 million or $0.41 per diluted share in Q4 2012. Full-year 2013 total operating revenue increased 3.4% YoY to $832.1 million. Full-year 2013 net income attributable to CTC Media stockholders was $152.3 million or $0.97 per diluted share, compared to net income of $93.1 million or $0.59 per diluted share in full-year 2012. The full analyst notes on CTC Media, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03192014/CTCM/report.pdf

About Analysts Review

We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

=============

EDITOR  NOTES:

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, 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.
  • 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.
  • 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 pubco [at] AnalystsReview.com.
  • For  any  urgent  concerns  or  inquiries, please contact us at compliance [at] AnalystsReview.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] AnalystsReview.com 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 Analysts Review. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Analysts Review in this article or report according to the Procedures outlined by Analysts Review. Analysts Review 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

Analysts Review 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

Analysts Review 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 Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review 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.

http://www.AnalystsReview.com

SOURCE Analysts Review

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