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Stock Market & Financial Investment News

News Breaks
August 10, 2014
18:36 EDTGCI, NXST, SBGITake profits in Gannett, Barron's says
After the recent jump in Gannett's (GCI) shares, investors should take profits, Barron's advises in a follow up article. Investors should consider buying Sinclair Broadcast Group (SBGI) or Nexstar Broadcasting Group (NXST), which benefit from the same trends as Gannett, Barron's added. Reference Link
News For GCI;SBGI;NXST From The Last 14 Days
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December 15, 2014
08:34 EDTNXSTNexstar announces long-term affiliation agreement with NBC Television Network
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December 11, 2014
05:18 EDTNXSTNexstar, DISH reach distribution agreement
Nexstar Broadcasting (NXST) announced that it reached a new distribution agreement with DISH Network (DISH) allowing the satellite television provider the right to continue to air Nexstarís programming. The agreement covers Nexstarís broadcast platform inclusive of 60 network affiliated and local stations in 46 markets. On Monday, December 8, Nexstar granted DISH an extension until 11:59 p.m. ET tonight to the companiesí previous agreement.
December 10, 2014
11:41 EDTGCIGannett sees 2014 reported revenue up 16%, consensus $5.98B
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11:36 EDTGCIGannett sees Q4 EPS $1.00-$1.02, consensus $1.02
Gannett executives at the UBS Global Media and Communications Conference provided an update on the company's ongoing strategy and gave guidance. CFO Victoria Harker said, "Based on the trends we currently see, we estimate fourth quarter EPS to be in the range of $1.00 to $1.02."
07:53 EDTGCIUBS to hold a conference
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December 9, 2014
07:32 EDTNXSTUBS to hold a conference
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05:24 EDTNXSTNexstar provides third extension to DISH distribution agreement
Nexstar Broadcasting (NXST) announced that it has provided the third extension of its distribution agreement with DISH Network (DISH) allowing the satellite television provider the right to continue to air Nexstarís highly rated programming until 11:59 p.m. ET on Wednesday, December 10. The agreement covers Nexstarís broadcast platform inclusive of 60 network affiliated and local stations in 46 markets. DISHís previous extension with Nexstar expires at 11:59 p.m. ET. Nextar stated that for over two months, it has been negotiating in good faith to establish a mutually agreeable contract with DISH and Nexstar remains hopeful that a resolution can be reached without a service interruption to viewers in affected markets.

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