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SBGI

Sinclair Broadcast

$29.30

0.1 (0.34%)

, TRCO

Tribune Media

$40.33

0.34 (0.85%)

06:47
04/19/18
04/19
06:47
04/19/18
06:47

DOJ close to clearing $6.6B Sinclair Broadcast-Tribune merger, NY Post says

The Department of Justice, or DOJ, is days away from approving Sinclair Broadcast's (SBGI) $6.6B acquisition of Tribune Media (TRCO), according to the New York Post, citing sources familiar with the matter. As the deal stands, Sinclair would cover 72% of households in the U.S after the merger. Sinclair would still have to sell 13 of the 42 Tribune stations and get past the FCC review to gain regulatory approval. Reference Link

SBGI

Sinclair Broadcast

$29.30

0.1 (0.34%)

TRCO

Tribune Media

$40.33

0.34 (0.85%)

SBGI Sinclair Broadcast
$29.30

0.1 (0.34%)

02/08/18
SPHN
02/08/18
NO CHANGE
SPHN
Court ruling on ownership rules positive for broadcasters, says Stephens
Stephens analyst Kyle Evans noted that a Third Circuit Court ruling protects the new FCC ownership rules for 6 months and he views the stay on petitions in this matter as a positive for the broadcasting group. However, he still thinks continued uncertainty around the timing and final structure of Sinclair's (SBGI) deal for Tribune Media (TRCO), high leverage and tax reform complications on market swaps as possible constraints on near-term deal activity. Other companies in the space include Gray Television (GTN), Nexstar (NXST) and Tegna (TGNA).
01/04/18
BNCH
01/04/18
NO CHANGE
BNCH
Benchmark includes Alibaba, Activision among best ideas for first half
Benchmark analysts have complied their list of Best Ideas for the first half of 2018, which includes Axcelis (ACLS), Activision Blizzard (ATVI), Alibaba (BABA), BioTelemetry (BEAT), LivePerson (LPSN), Marvell (MRVL), NCR Corp. (NCR), Omnicell (OMCL), Pegasystems (PEGA), Quantenna (QTNA), Sinclair Broadcast (SBGI), Select Medical (SEM), STAAR Surgical (STAA) and Western Digital (WDC).
12/14/17
JEFF
12/14/17
INITIATION
Target $48
JEFF
Buy
Sinclair Broadcast initiated with a Buy at Jefferies
Jefferies analyst John Janedis started Sinclair Broadcast Group (SBGI) with a Buy rating and $48 price target. The benefits of the Tribune Media (TRCO) transaction are not fully appreciated in today's stock price, the analyst contends.
10/31/17
10/31/17
INITIATION
Target $43

Buy
Sinclair Broadcast initiated with a Buy at FBR Capital
FBR Capital analyst Barton Crockett started Sinclair Broadcast Group with a Buy rating and $43 price target. The analyst also added the shares to his firm's Alpha Generator List. The stock is "absurdly mispriced," with secular concerns for TV overly pressuring the valuation, Crockett tells investors in a research note. The analyst sees the pending $3.5B Tribune merger as a potential catalyst. He estimates the deal could lift free cash flow per share by 40%.
TRCO Tribune Media
$40.33

0.34 (0.85%)

08/08/17
BNCH
08/08/17
NO CHANGE
BNCH
Buy
Fox-ION 'rumors' most likely a negotiating tactic, says Benchmark
Benchmark analyst Daniel Kurnos highlighted a "slew" of "inconsistencies" that make him skeptical of last week's "unsubstantiated rumor published by Bloomberg" regarding Fox (FOXA) potentially forming a JV with ION and pulling all of its affiliate agreements from Sinclair (SBGI), concluding in a note to investors that this was "just another negotiating tactic by the network." Fox's "cozy" agreements with Tribune (TRCO) may get disrupted by Sinclair's acquisition, added Kurnos, who has a Buy rating on Sinclair shares.
06/02/17
SPHN
06/02/17
NO CHANGE
SPHN
Overweight
Regulatory uncertainty may cause volatility for Sinclair, Tribune, says Stephens
Stephens analyst Kyle Evans noted that a federal court has temporarily delayed effectiveness of the FCC's decision to reinstate the UHF discount, which he said is critical for Sinclair Broadcast's (SBGI) deal to acquire Tribune Media (TRCO). The deal could be jeopardized if the court permanently blocked the UHF discount and regulatory uncertainty may cause volatility in the stocks, said Evans. The analyst reiterates his Overweight rating and $46 price target on Sinclair shares.

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VKTX

Viking Therapeutics

$19.47

9.07 (87.21%)

08:28
09/19/18
09/19
08:28
09/19/18
08:28
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    Oct

ZEAL

Zealand Pharma

$18.48

0.4 (2.21%)

, NVO

Novo Nordisk

$47.44

-0.2 (-0.42%)

08:27
09/19/18
09/19
08:27
09/19/18
08:27
Recommendations
Zealand Pharma, Novo Nordisk analyst commentary  »

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ZEAL

Zealand Pharma

$18.48

0.4 (2.21%)

NVO

Novo Nordisk

$47.44

-0.2 (-0.42%)

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WLK

Westlake Chemical

$83.89

-1.82 (-2.12%)

08:26
09/19/18
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08:26
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08:26
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ALLK

Allakos

$44.88

0.95 (2.16%)

08:25
09/19/18
09/19
08:25
09/19/18
08:25
Conference/Events
William Blair biotech analysts to hold an analyst/industry conference call »

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  • 19

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SPWR

SunPower

$7.55

0.97 (14.74%)

, ENPH

Enphase Energy

$4.35

0.48 (12.40%)

08:24
09/19/18
09/19
08:24
09/19/18
08:24
Recommendations
SunPower, Enphase Energy, First Solar analyst commentary  »

Tariff exemption a…

SPWR

SunPower

$7.55

0.97 (14.74%)

ENPH

Enphase Energy

$4.35

0.48 (12.40%)

FSLR

First Solar

$49.56

1.81 (3.79%)

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  • 15

    Nov

08:23
09/19/18
09/19
08:23
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08:23
Conference/Events
JPMorgan to hold a summit »

India Investor Summit…

$DJT

DJ Transportation Average

$0.00

(0.00%)

08:21
09/19/18
09/19
08:21
09/19/18
08:21
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DJ Transportation Average: Pivot points »

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08:20
09/19/18
09/19
08:20
09/19/18
08:20
General news
Senate Judiciary vote on Kavanaugh Supreme Court vote cancelled, CNN reports »

The Senate Judiciary…

$DJU

DJ Utility Average

$0.00

(0.00%)

08:20
09/19/18
09/19
08:20
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08:20
Technical Analysis
DJ Utility Average: Pivot points »

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OKTA

Okta

$69.82

0.3 (0.43%)

, ZS

Zscaler

$39.79

-0.455 (-1.13%)

08:20
09/19/18
09/19
08:20
09/19/18
08:20
Conference/Events
William Blair to hold a tour »

Cybersecurity Bus Tour…

OKTA

Okta

$69.82

0.3 (0.43%)

ZS

Zscaler

$39.79

-0.455 (-1.13%)

PANW

Palo Alto Networks

$234.07

2.1 (0.91%)

03/08/13
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  • 19

    Sep

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  • 26

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    Sep

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    Sep

  • 03

    Oct

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    Oct

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    Oct

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    Dec

DJX

Dow Jones Industrial Average

$0.00

(0.00%)

08:20
09/19/18
09/19
08:20
09/19/18
08:20
Technical Analysis
Dow Jones Industrial Average: Pivot points »

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IYT

iShares Transportation Average

$207.47

0.89 (0.43%)

08:20
09/19/18
09/19
08:20
09/19/18
08:20
Technical Analysis
iShares Transportation Average: Pivot points »

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08:20
09/19/18
09/19
08:20
09/19/18
08:20
General news
U.S. housing starts preview: »

U.S. housing starts…

08:20
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08:20
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08:20
General news
U.S. current account preview: »

U.S. current account…

XLK

Technology Select Sector SPDR

$74.46

0.45 (0.61%)

08:19
09/19/18
09/19
08:19
09/19/18
08:19
Technical Analysis
Technology Select Sector SPDR: Pivot points »

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XLE

Energy Select Sector SPDR

$74.89

0.52 (0.70%)

08:19
09/19/18
09/19
08:19
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08:19
Technical Analysis
Energy Select Sector SPDR: Pivot points »

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XLY

Consumer Discretionary Sector SPDR

$116.98

1.5 (1.30%)

08:19
09/19/18
09/19
08:19
09/19/18
08:19
Technical Analysis
Consumer Discretionary Sector SPDR: Pivot points »

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XLB

S&P Select Materials SPDR

$59.68

0.065 (0.11%)

08:19
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09/19
08:19
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08:19
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S&P Select Materials SPDR: Pivot points »

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XLU

Utilities SPDR

$54.37

-0.11 (-0.20%)

08:18
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09/19
08:18
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08:18
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Utilities SPDR: Pivot points »

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XLP

Consumer Staples Sector SPDR

$54.72

-0.25 (-0.45%)

08:18
09/19/18
09/19
08:18
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08:18
Technical Analysis
Consumer Staples Sector SPDR: Pivot points »

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SWKS

Skyworks

$86.82

0.58 (0.67%)

08:18
09/19/18
09/19
08:18
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08:18
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Skyworks analyst commentary  »

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XLV

Health Care Select Sector SPDR

$93.71

0.5 (0.54%)

08:18
09/19/18
09/19
08:18
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08:18
Technical Analysis
Health Care Select Sector SPDR: Pivot points »

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CIVB

Civista Bancshares

$22.95

-0.23 (-0.99%)

08:18
09/19/18
09/19
08:18
09/19/18
08:18
Upgrade
Civista Bancshares rating change  »

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IWM

iShares Trust Russell 2000 Index Fund

$170.24

0.68 (0.40%)

08:18
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Technical Analysis
iShares Trust Russell 2000 Index Fund: Pivot points »

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DIA

Diamonds Fund ETF

$262.87

1.89 (0.72%)

08:17
09/19/18
09/19
08:17
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08:17
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Diamonds Fund ETF: Pivot points »

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