Original article by Max Mason
The Sydney Morning Herald – Page: 23 : 7-Apr-16
Nine Entertainment Company’s share price closed 2.2 per cent higher at $A1.18 on 6 April 2016. The stock had shed 23.7 per cent in the previous trading session, in response to a sharp fall in earnings for the third quarter of 2015-16. Nine was hit by disappointing ratings, but some media buyers expect its performance to improve with several popular programs set to return shortly. Meanwhile, UBS and Deutsche Bank analysts have "buy" recommendations on the stock.
CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, UBS HOLDINGS PTY LTD, DEUTSCHE BANK AG, TEN NETWORK HOLDINGS LIMITED – ASX TEN, SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, SMI MEDIA INCORPORATED, OZTAM PTY LTD