International Speedway stock may rise on TV profit-Barron's
NEW YORK, Feb 10 (Reuters) - International Speedway Corp (ISCA.O) shares may jump 20 percent with the company in position to benefit from long-term television contracts, Barron's said in its Feb. 11 edition.
Barron's said the company was well-positioned to endure a weakening U.S. economy with a larger portion of its earnings already locked in, citing its long-term broadcasting pacts with ABC/ESPN and Fox Sports. (Reporting by Justin Grant, editing by Maureen Bavdek)
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