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Stock Market & Financial Investment News

News Breaks
March 19, 2014
07:04 EDTNEWMNew Media reports Q4 net income $955.4M vs. $794.6M a year ago
Reports Q4 revenue $160.4M, one estimate $157.23M.
News For NEWM From The Last 14 Days
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March 4, 2015
13:13 EDTNEWMNew Media price target raised to $32 from $26 at Barrington
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February 26, 2015
07:16 EDTNEWMNew Media reports Q4 EPS 31c, consensus 31c
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07:15 EDTNEWMNew Media raises quarterly dividend 11.1% to 30c per share
The company says "Given the accretive acquisitions we have been able to execute on, the Board of Directors has voted to increase the Q4 dividend to 30c per common share, an 11.1% increase vs. the previous dividend payment. With total gross debt at approximately $350M, we remain focused on operating the company with a modest leverage profile at approximately 2.2x gross debt." The dividend is payable on March 19, 2015 to shareholders of record as of the close of business on March 11, 2015.

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