Meredith Corp (NYSE:MDP)

Time Magazine Sold for $190 Million

Posted: September 17, 2018 at 4:46 am

The head of Salesforce.com Inc. (NYSE: CRM) bought Time magazine and related properties for $190 million. Meredith Corp (NYSE: MDP), which bought Time parent company Time Inc. in January 2018, ...
Read Full Story »

Top Analyst Upgrades and Downgrades: AbbVie, Apple, Broadcom, Exxon, Fabrinet, HP, Match, Target and More

Posted: May 30, 2018 at 8:45 am

The futures looked solidly higher Wednesday morning as some of the nervousness over the political and banking situation in Italy appeared to have died down. While concern remains, an imminent ...
Read Full Story »

Meredith Finally Kills Off Time

Posted: March 22, 2018 at 6:25 am

After Meredith Corp. (NYSE: MDP) bought storied Time Inc., the largest magazine publisher in America, there was some hope that it would keep all the Time properties and that layoffs ...
Read Full Story »

6 Most Important Things in Business Today

Posted: March 22, 2018 at 5:14 am

Facebook Inc. (NASDAQ: FB) CEO Mark Zuckerberg said the company would do more to protect user data. 24/7 Wall St. covered the news. Two senior tech executives have left Ford ...
Read Full Story »

6 Most Important Things in Business Today

Posted: March 19, 2018 at 5:06 am

Alphabet Inc.'s (NASDAQ: GOOGL) Google will begin to make money from searches with e-commerce partners. According to Reuters: Alphabet Inc’s Google routinely fields product queries from millions of shoppers. Now ...
Read Full Story »

Top Analyst Upgrades and Downgrades: Bazaarvoice, GM, Home Depot, MGIC, Nike, T-Mobile and More

Posted: November 28, 2017 at 9:05 am

Stocks were indicated higher on Tuesday after a mixed session on Monday. The markets remain right at all-time highs, and the one trend that has won time after time is ...
Read Full Story »

6 Most Important Things in Business Today

Posted: November 28, 2017 at 5:19 am

Softbank's investment in Uber is based on a 30% discount to its peak valuation. According to Reuters: Japan’s SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc ...
Read Full Story »

6 Most Important Things in Business Today

Posted: November 27, 2017 at 4:31 am

The Consumer Financial Protection Bureau (CFPB) chief has sued the Trump administration over who would run the agency. According to The Wall Street Journal: An Obama-era official at the Consumer ...
Read Full Story »

6 Most Important Things in Business Today

Posted: November 22, 2017 at 5:07 am

Meg Whitman, a long time leader of several tech companies, will retire as CEO of Hewlett Packard Enterprises (NYSE: HPE) early next year Uber paid a hacker $100,000 to cover ...
Read Full Story »

6 Most Important Things in Business Today

Posted: November 17, 2017 at 5:18 am

According to several reports, Comcast Corp. (NASDAQ: CMCSA) has approached Twenty-First Century Fox Inc. (NYSE: FOXA) about buying many of its assets. Comcast owns NBCUniversal, and the deal would give ...
Read Full Story »

Conservative Koch Brothers May Support Buyout of Time Inc

Posted: November 16, 2017 at 5:38 am

According to a number of media reports, the billionaire Koch brothers, among the nation's leading conservatives, may financially support a buyout of storied publisher Time Inc. (NYSE: TIME) by magazine ...
Read Full Story »

6 Most Important Things in Business Today: A Buyout of Time Inc?

Posted: November 16, 2017 at 5:19 am

Mattel Inc. (NYSE: MAT) has rejected a buyout offer from Hasbro Inc. (NYSE: HAS). Reuters reports: Mattel’s rebuttal indicates that Margaret Georgiadis, who took over as the company’s chief executive ...
Read Full Story »

Top Analyst Upgrades and Downgrades: Adobe, AMD, Angie’s List, Enbridge, Noble Energy and More

Posted: May 2, 2017 at 9:10 am
Last updated: January 9, 2019 7:34 am

Stocks were looking for direction on Tuesday after a mixed bag on Monday. The bull market is now more than eight years old and investors have bought every single market ...
Read Full Story »

Could Verizon Be a Time Inc. Bidder?

Posted: April 22, 2017 at 9:15 am

The New York Post reported that Verizon Communications Inc. (NYSE: VZ) maybe a bidder for Time Inc. (NYSE: TIME), an arrangement that would seem improbable at first consideration. However, a ...
Read Full Story »

Is Meredith Buying Time Inc or Not?

Posted: April 14, 2017 at 6:10 am
Last updated: January 9, 2019 9:26 am

Meredith Corp. (NYSE: MDP), the publishing, database and television station owner, has been described in several media reports as the most likely buyer of Time Inc. (NYSE: TIME). However, there ...
Read Full Story »