|Bid||3.1300 x 1100|
|Ask||3.1500 x 1200|
|Day's Range||3.0400 - 3.1600|
|52 Week Range||1.6500 - 6.0000|
|Beta (3Y Monthly)||1.37|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 31, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.00|
NEW YORK , May 22, 2019 /PRNewswire/ -- (NASDAQ: MDCA) – MDC Partners Inc. today announced the appointment of Seth Gardner to the newly created role of Chief Operating Officer, effective June 17, 2019. ...
MDC Partners to Present at the 47th Annual J.P. Morgan Global Technology, Media and Communications Conference
NEW YORK , May 7, 2019 /CNW/ -- (MDCA) – MDC Partners Inc. today announced two key appointments to the company's executive team. Frank Lanuto , a financial leader with significant advertising holding company experience, will take on the role of Executive Vice President and Chief Financial Offer, based in New York , and is expected to start during the second quarter. Jonathan Mirsky , an experienced corporate attorney, has been named Executive Vice President and General Counsel and Corporate Secretary, and will be based in Washington, D.C. , starting on June 17 . Lanuto and Mirsky will both report to Chairman and CEO Mark Penn . In order to ensure an effective and smooth transition, outgoing CFO David Doft and General Counsel Mitch Gendel will remain with the company over the coming months.
The New York-based company said it had a loss of 4 cents per share. The marketing communications company posted revenue of $328.8 million in the period. The company's shares closed at $2.19. A year ago, ...
NEW YORK , April 30, 2019 /PRNewswire/ -- (NASDAQ: MDCA) -- MDC Partners Inc. ("MDC Partners" or the "Company") announced today that it will report its results for the three months ...
NEW YORK, April 22, 2019 /PRNewswire/ -- (MDCA) – MDC Partners Inc. ("MDC Partners" or the "Company") today announced several changes to its Board of Directors. First, the Company has reached a settlement agreement (the "Agreement") with FrontFour Capital Group LLC ("FrontFour").
NEW YORK , April 9, 2019 /PRNewswire/ -- (NASDAQ: MDCA) – MDC Partners Inc. (the "Company") announced today that it had granted an inducement award to Mark Penn in connection with Mr. Penn's ...
NEW YORK, April 8, 2019 /PRNewswire/ -- (MDCA) – MDC Partners Inc. ("MDC Partners" or the "Company") announced today that Ambassador Charlene Barshefsky has been elected to its board of directors, effective today. Ambassador Barshefsky is the former United States Trade Representative and currently serves as Senior International Partner at WilmerHale.
Moody's Investors Service (Moody's) downgraded MDC Partners Inc.'s (MDC) corporate family rating (CFR) to B3 from B2 and the $900 million senior unsecured note was affirmed at B3. MDC also amended its revolving credit facility and increased the total leverage ratio to 6.25x from 5.5x until it reverts back to 5.5x in Q1 2021 and reduced the size of the revolver to $250 million from $325 million.
Portland-based digital creative agency Instrument is expanding after buying a Brooklyn digital product agency called This Also. The move marks the first official office outside the Rose City for the agency, said CEO Justin Lewis. All 14 members of This Also are joining Instrument.
The New York-based company said it had a loss of $1.46 per share. Losses, adjusted for non-recurring gains, were $1.48 per share. The marketing communications company posted revenue of $393.7 million in ...
NEW YORK , March 15, 2019 /PRNewswire/ -- COMPLETION OF CEO SEARCH AND STRATEGIC REVIEW: Mark Penn named CEO of MDC Partners The Stagwell Group invests $100 million in common and preferred stock MDC Partners ...
NEW YORK, March 15, 2019 /PRNewswire/ -- (MDCA) – MDC Partners Inc. ("MDC Partners" or the "Company") announced today that it has entered into an agreement with The Stagwell Group pursuant to which Stagwell, a private equity firm that manages investments in new media and digital marketing services, has invested $100 million in MDC Partners through the purchase of $50 million in MDC Partners common shares and $50 million non-voting convertible preference shares. In connection with the transaction, industry veteran Mark Penn will join MDC Partners as Chief Executive Officer and a member of its Board of Directors.
Stagwell Group, an ad company founded by Mark Penn, agreed to acquire a minority stake in ad-holding company MDC Partners Inc. for $100 million, the companies said Thursday. Mr. Penn, a Madison Avenue veteran and former adviser to Bill and Hillary Clinton, will also join the board of MDC and assume the role of chief executive officer, ending a roughly six-month search to replace Scott Kauffman. The talks between MDC and Stagwell as well as Mr. Penn’s possible appointment were reported by The Wall Street Journal last week.
NEW YORK , March 12, 2019 /PRNewswire/ -- (NASDAQ: MDCA) – MDC Partners Inc. ("MDC Partners" or the "Company") announced today that it will report its results for the three and twelve ...
The embattled ad company has been searching for a buyer and new chief executive since last fall. MDC, which has a market capitalization of $153 million, owns several well-regarded creative agencies including 72andSunny, Anomaly, and Crispin Porter Bogusky.