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Stock Market & Financial Investment News

News Breaks
November 19, 2012
13:40 EDTMDPRobert W. Flynn reports 8.1% passive stake in Meredith
News For MDP From The Last 14 Days
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August 21, 2015
07:25 EDTMDPCiti sees much less probability of Meredith acquiring Time
Citi analyst Jason Bazinet reduced his probability of Meredith (MDP) acquiring Time (TIME) to 20% from 65%. Time's moves to cut costs and monetize assets bring less opportunity for Meredith to create value, the analyst tells investors in a research note. He lowered his price target for Buy-rated Time to $29 from $30 and Neutral-rated Meredith to $47 from $57. Bazinet still believes Time is an attractive investment as a standalone company.

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