16.10.2013 14:00:00
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Repurchase Programs, New Launches, Management Changes, Upcoming Financial Results Schedules, and Stock Price Movements - Research Report on SiriusXM, Discovery, Scripps, Nexstar, and Gray Television
NEW YORK, October 16, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Sirius XM Radio Inc. (NASDAQ: SIRI), Discovery Communications Inc. (NASDAQ: DISCA), Scripps Networks Interactive, Inc. (NYSE: SNI), Nexstar Broadcasting Group, Inc. (NASDAQ: NXST), 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.
Sirius XM Radio Inc. Research Report
On October 10, 2013, Sirius XM Radio Inc. (SiriusXM) announced that the Company's Board of Directors approved an additional $2 billion common stock repurchase program. The Company stated that it may purchase shares of common stock from time to time in the open market and in privately negotiated transactions. SiriusXM plans to fund the repurchases through cash on hand, future cash flow from operations, and future borrowings. In addition, SiriusXM informed that it has agreed to repurchase $500 million of common stock from Liberty Media and its affiliates at a price per share determined based on a discount to the volume weighted average price of the common stock during a period following the release of the Company's Q3 2013 earnings. The Company also disclosed its intention to purchase the shares in three installments in November 2013, January 2014, and April 2014. 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]
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Discovery Communications Inc. Research Report
On October 4, 2013, Discovery Communications Inc. (Discovery Communications) announced the debut of Animalist, an online video network that celebrates the connection between humans and animals. The Company informed that Animalist launches with 15 short-form series that highlights the entirety of the animal kingdom, all available at Animalist.com, and across mobile, YouTube, Xbox, and in association with additional distribution partners. Discovery Communications added that the programming lineup includes several new shows such as Discovery Sharks and Animals with Low Self-Esteem, which leverage the Company's library of nature and animal footage. The Company informed that Jackson Galaxy of Animal Planet's My Cat from Hell will also headline a new show set to launch later in 2013.The Full Research Report on Discovery Communications 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/10c7_DISCA]
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Scripps Networks Interactive, Inc. Research Report
On October 11, 2013, Scripps Networks Interactive, Inc. (Scripps) announced that Laureen Ong, President of Travel Channel, a television network operated by Scripps, will be stepping down at the end of October 2013. Commenting on her resignation, Ong said, "I feel my mission at Travel Channel is complete. I came here to help transition Travel Channel into the Scripps family of lifestyle brands, put together a great leadership and creative team, and position the network for unprecedented growth. With those objectives accomplished, I'm looking forward to Travel Channel's continuing evolution into a uniquely defined and competitively powerful lifestyle television brand." The Company said that Ong's successor has not been named yet, and Burton Jablin, President of the Company's Scripps Networks operating division, will oversee the network's operations and development on an interim basis while Ong's successor is selected. The Full Research Report on Scripps Networks Interactive, 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/d3d0_SNI]
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Nexstar Broadcasting Group, Inc. Research Report
On October 11, 2013, Nexstar Broadcasting Group, Inc. (Nexstar Broadcasting Group) announced that the Company will report its Q3 2013 financial results before the market opens on November 5, 2013. Nexstar Broadcasting Group said that it will also host a conference call and webcast at 10:00 a.m. ET on the same day to review the results. The Company informed that a live webcast of the call can be accessed through the "Webcast/Presentations" section of its website.The Full Research Report on Nexstar Broadcasting Group, 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/19de_NXST]
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Gray Television, Inc. Research Report
On October 11, 2013, Gray Television Inc.'s (Gray Television) stock rose by 9.03%, ending the day at $8.33. Over the previous three trading sessions, shares of Gray Television gained 14.58%, outperforming the S&P 500 which gained 2.88% during the same period. 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]
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Gray Television IncShs | 4,16 | 2,46% | |
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