Edition:
United States

Meredith Corp (MDP.N)

MDP.N on New York Stock Exchange

57.00USD
23 Jun 2017
Change (% chg)

$1.30 (+2.33%)
Prev Close
$55.70
Open
$55.75
Day's High
$57.10
Day's Low
$55.60
Volume
182,752
Avg. Vol
148,326
52-wk High
$66.20
52-wk Low
$44.00

MDP.N

Chart for MDP.N

About

Meredith Corporation is a diversified media company. The Company is focused primarily on the home and family marketplace. The Company operates through two segments: Local Media and National Media. As of June 30, 2016, the Company's Local Media segment includes 16 owned television stations, one managed television station and... (more)

Overall

Beta: 1.22
Market Cap(Mil.): $2,525.64
Shares Outstanding(Mil.): 44.59
Dividend: 0.52
Yield (%): 3.65

Financials

  MDP.N Industry Sector
P/E (TTM): 48.68 29.65 21.93
EPS (TTM): 1.17 -- --
ROI: 2.46 10.70 11.95
ROE: 5.53 12.44 14.03

BRIEF-Meredith Corp says continues to expect FY adj. EPS of $3.85-$3.90

* Meredith Corp - for full-year fiscal 2017, Meredith continues to expect record earnings per share of $4.13 to $4.18 on a GAAP basis

May 10 2017

Time Inc and Meredith Corp end talks over merger deal

Time Inc said it was "definitely" not up for sale on Friday, sending its shares and those of U.S. broadcasting and publishing group Meredith Corp , its most prominent suitor, sharply lower.

Apr 28 2017

UPDATE 4-Time Inc and Meredith Corp end talks over merger deal

April 28 Time Inc said it was "definitely" not up for sale on Friday, sending its shares and those of U.S. broadcasting and publishing group Meredith Corp , its most prominent suitor, sharply lower.

Apr 28 2017

Time Inc says to pursue own strategic plan, shares plunge

April 28 Time Inc said on Friday its board had evaluated a number of expressions of interest but decided to pursue its own strategic plan, sending its shares down 19 percent in premarket trading.

Apr 28 2017

U.S. FCC approves Time Warner sale of Atlanta TV station

WASHINGTON The U.S. Federal Communications Commission said on Monday it approved Time Warner Inc's sale of a broadcast station in Atlanta to Meredith Corp, a transaction that could help speed Time Warner's planned merger with AT&T Inc.

Apr 18 2017

FCC approves Time Warner sale of Atlanta TV station

WASHINGTON The U.S. Federal Communications Commission said on Monday it approved Time Warner Inc's sale of a broadcast station in Atlanta to Meredith Corp , a transaction that could help speed Time Warner's planned merger with AT&T Inc .

Apr 17 2017

U.S. FCC approves Time Warner sale of Atlanta TV station

WASHINGTON, April 17 The U.S. Federal Communications Commission said on Monday it approved Time Warner Inc's sale of a broadcast station in Atlanta to Meredith Corp, a transaction that could help speed Time Warner's planned merger with AT&T Inc.

Apr 17 2017

Deals of the day-Mergers and acquisitions

April 12 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

Apr 12 2017

Meredith falls short of Time Inc's deal price expectations-sources

U.S. media group Meredith Corp has made a preliminary acquisition offer to Time Inc that fell short of the price expectations of the publisher of Sports Illustrated and Fortune magazines, according to people familiar with the matter.

Apr 12 2017

Business Watch: A deal that falls short, flight overbooking and more

Billionaire investor Carl Icahn's oil refining company, CVR Energy, made a massive bet last year that prices for U.S. government biofuels credits would fall - just before Icahn became an 'unpaid adviser' to President Trump. The strategy looked prescient at the time, but it now seems like Icahn's might have had an inside edge.

Apr 12 2017

More From Around the Web

Competitors

Earnings vs. Estimates