Tag Archives: trading

Sccripps Networks Interactive stock hits new high

Scripps Networks Interactive stock appears ready to end the trading week with a new 52-scripps2_asb_13138.jpgweek high.

The Knoxville based lifestyle media company has been its share price move steadily higher in recent weeks and is trading over $62 today.

The company’s share price started the year around $43.

Scripps Networks portfolio of cable television networks and related websites includes HGTV, Food Network, Travel Channel, DIY Network, Cooking Channel and country music network Great American Country.

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Scripps Networks testing new 52-week high

Investors are rewarding Scripps Networks Interactive strong second quarter results.
The lifestyle media company’s stock is trading above its 52-week high today reaching as high as $58.64 before easing back to just below $58.

The Knoxville-based company said last week that earnings for the quarter rose to $142 million, or 93 cents per share, easily beating analysts expectations.

Scripps headlines:
The Street: Scripps Networks Interactive hits new 52-week high

Investors Business Daily: Scripps Networks Spins Products From Cable Shows

Full disclosure: I own a small number of SNI shares.

alyst expectations.

 

Scripps Networks Interactive trading over 52-week high

Scripps Networks Interactive shareholders are having a very good day. The Knoxville-based
scripps2_asb_13138.jpgcompany’s stock price is trading at its highest price in more than a year.

In late-morning trading, the stock was up more than $1 to $56.31. So far today, the stock has traded as high as $56.39.

The lifestyle media company’s stock has moved steadily higher since dipping below $40 last fall.

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Investors eye healthcare companies

Investors are paying close attention to healthcare companies today following Sunday’s historic vote on the reform bill.

Barron’s Stocks to Watch blog notes that most health insurers are up in morning trading and offers a roundup of analysts comments about what it all means.

Among East Tennessee companies, shares of Knoxville-based phyisican-staffing company Team Health Holdings Inc., and Chattanooga-based insurance carrier Unum Group were both down slightly in late-morning trading.