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Stock Market & Financial Investment News

News Breaks
August 5, 2014
07:33 EDTSBGI, LIN, MEGMedia General reports Q2 EPS 8c, consensus 16c
Reports Q2 revenue $154.1M, consensus $153.33M. On March 21, Media General (MEG) announced plans to merge with LIN Media (LIN) in a transaction that will more than double the size of Media General and create the second-largest pure-play local television company in the United States. The merger with LIN Media is expected to be immediately accretive on a free cash flow per share basis and should be completed in early 2015, subject to regulatory approvals, the approval of Media General and LIN Media shareholders and other customary closing conditions. Additionally, on June 23,Media General announced a definitive agreement with Sinclair Broadcast Group (SBGI) to purchase WHTM, an ABC affiliate in Harrisonburg, PA, a transaction that is subject to regulatory approval and other customary closing conditions.
News For MEG;LIN;SBGI From The Last 14 Days
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February 27, 2015
08:25 EDTLIN, MEGMedia General shares have likely bottomed, says Wells Fargo
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February 26, 2015
07:35 EDTMEGMedia General sees Q1 revenue $295M-$301M, consensus 324.60M
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07:32 EDTMEGMedia General reports Q4 EPS 29c, consensus 31c
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February 18, 2015
07:45 EDTSBGISinclair Broadcast sees FY15 barter and trade revenue $129.0M
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07:44 EDTSBGISinclair Broadcast sees Q1 net broadcast revenues up 22.2%-23.3%
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07:40 EDTSBGISinclair Broadcast reports Q4 adjusted EPS 84cc, consensus 76c
Reports Q4 revenue $613.8M, consensus $599.47M.
February 17, 2015
15:32 EDTSBGINotable companies reporting before tomorrow's open
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