Viacom out of running for Scripps

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Viacom out of running for Scripps

Scripps Lifestyle Studios, the digital division of Scripps Networks Interactive (SNI), is expanding its efforts internationally with a focus on digital marketing, global content production, and diverse talent development. The company has a 50 day moving average of $68.68 and a 200 day moving average of $73.46. The count of Hold ratings in that period was 0. Scripps Networks Interactive had a net margin of 16.94% and a return on equity of 30.71%. The typical day in the last one month has seen about a 2.52% volatility. The median target of analyst views collected by Yahoo Finance was as much as $-5.95 below SNI's recent stock price. Mascoma Wealth Management LLC acquired a new position in Scripps Networks Interactive during the second quarter worth $130,000. A month ago, analyst EPS consensus estimated earnings of US$1.55 per share. The overall volume in the last trading session was 4.41 million shares. UBS Asset Management Americas has an ownership of 223,303 company stock worth at $15,938,000 after scooping up an extra 31,000 shares through out the quarter. Its revenue totaled $300000 down -18.92% from the previous quarter. Moffett Nathanson reiterated a "sell" recommendation on stocks of Scripps Networks Interactive in a study report published on Fri, Jun 9th.

ILLEGAL ACTIVITY NOTICE: "Amalgamated Bank Has $504,000 Stake in Scripps Networks Interactive, Inc (NASDAQ:SNI)" was reported by BNB Daily and is the sole property of of BNB Daily. The 1-year high was reported on Jul, 26 by Barchart.com. The current EPS for the company has been recorded at $4.47 and the beta value recorded by the company stands at 1.43 points. Transamerica Financial Advisors Inc. now owns 9,204 shares of the company's stock worth $722,000 after buying an additional 60 shares in the last quarter. If you are reading this piece on another site, it was illegally copied and republished in violation of United States & global trademark and copyright legislation.

Analysts expect Scripps Networks Interactive, Inc. Two Brokerage firms have recommended the share with a sell recommendation, nine have issued a hold recommendation and four have published a buy recommendation to the firms shares. The family controls 92 percent of Scripps' voting stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Glenmede Trust Company Na increased Abb Ltd (NYSE:ABB) stake by 262,037 shares to 302,287 valued at $6.37M in 2016Q4. Eqis Capital Mngmt Incorporated holds 0.16% or 34,798 shares in its portfolio. And the values below 20 that it is oversold indicate prices could very well bounce upwards.

The acquisition would bring together Scripps' HGTV, Travel Channel and Food Network and Discovery's Animal Planet and Discovery Channel, giving the combined company more pricing power with which to negotiate with cable TV operators such as Comcast Corp and Charter Communications Inc. Over the last three months, insiders sold 376,466 shares of company stock worth $25,477,051. Scripps Jimmy R. sold $13.93 million worth of Scripps Networks Interactive, Inc. The Company's content is distributed through multiple methods, including television, the Internet, digital platforms and licensing arrangements.

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