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Stock Market & Financial Investment News

News Breaks
February 20, 2013
06:52 EDTTWX, MDPMeredith upgraded to Buy from Neutral at Citigroup
Citigroup upgraded Meredith (MDP) after press reports indicated that its publishing unit could merge with most of Time Warner's (TWX) publishing division, as Citigroup thinks that the resulting cost savings could allow Meredith's stock to reach $63.
News For MDP;TWX From The Last 14 Days
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January 29, 2015
09:05 EDTMDPMeredithand and FTD Companies renew brand licensing agreement
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07:29 EDTTWXImagicTV Inc. to air Sunday night two-hour block on Time Warner cable
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January 28, 2015
09:21 EDTMDPMeredith sees Q3 EPS 66c-71c, consensus 70c
While Meredith expects the addition of the Shape brand to be accretive to earnings for full fiscal 2015, Meredith expects it will be 4c dilutive to earnings per share in its third fiscal quarter. This is due to the timing of certain expenses occurring prior to the generation of revenue.
09:21 EDTMDPMeredith sees FY15 EPS $3.25-$3.35, consensus $3.18
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09:19 EDTMDPMeredith reports Q4 Local Media Group revenue $157M
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09:19 EDTMDPMeredith reports Q2 EPS excl items $1.00, consensus 98c
Reports Q2 revenue $398.91M, consensus $393.67M
09:06 EDTMDPMeredith to acquire Shape brand from American Media
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January 25, 2015
13:26 EDTTWXWarner Bros.' 'American Sniper' keeps top spot at box office, WSJ says
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January 22, 2015
15:29 EDTTWXTime Warner names Mitchell Klaif as Chief Information Officer
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January 21, 2015
07:34 EDTTWXNetflix CEO sees room for competition in video streaming market, CNet says
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06:17 EDTTWXOverstock to introduce streaming-video service later this year, WSJ reports
Overstock.com (OSTK) is planning to launch a streaming-video service later this year, CEO Patrick Byrne announced at the National Association of Television Program Executives conference, The Wall Street Journal reports. Overstock would compete in the space with Amazon (AMZN), Hulu (DIS, CMCSA, CMCSK, FOXA), Netflix (NFLX), and Time Warner's (TWX) HBO is also planning a standalone online streaming service that will launch this year. The new Overstock service would be tied to the company's $20-per-year Club O membership program and will launch with about 30,000 titles. Reference Link
January 20, 2015
17:46 EDTTWXNetflix says 'looking good' to reach 60M-90M U.S. subscriptions
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14:06 EDTTWXCitizens, Keysight identified as long positions by Einhorn
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13:24 EDTTWXGreenlight has new long positions in Citizens, Time Warner, Bloomberg says
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10:17 EDTMDPMeredith's Allrecipes Magazine increases rate base to 1.1M
Meredith Corporation announced the rate base of Allrecipes magazine has been increased to 1.1 million, beginning with the February/March 2015 issue on newsstands now. This marks the brand's third rate base increase and a 120% growth since the magazine launched with a rate base of 500,000 in November 2013.
07:35 EDTTWXTime Warner downgraded at Morgan Stanley
As previously reported, Morgan Stanley downgraded Time Warner to Equal Weight from Overweight. The firm downgraded shares based on balanced risk/reward, and downside risk from affiliate fee growth and TV advertising. Price target lowered to $85 from $90.
06:29 EDTTWXTime Warner downgraded to Equal Weight from Overweight at Morgan Stanley
January 18, 2015
16:46 EDTTWXWarner Bros.' 'American Sniper' takes top spot with $90.2M at box office
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January 16, 2015
10:01 EDTTWXOn The Fly: Analyst Downgrade Summary
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