|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||18.50 - 18.55|
|52 Week Range||9.90 - 19.65|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 14, 2018 - Feb 19, 2018|
|Forward Dividend & Yield||0.16 (0.86%)|
|1y Target Est||18.50|
Investors are always looking for growth in small-cap stocks like Time Inc (NYSE:TIME), with a market cap of US$1.84B. However, an important fact which most ignore is: how financially healthyRead More...
Magazine and broadcasting company Meredith says it's closing a customer service center in Tampa, Florida, as it integrates the operations of Time Inc., which it acquired last week. Meredith spokeswoman ...
Meredith Corp. plans to phase out operations at a customer service center in Tampa it acquired when it bought Time Inc. About 600 people will impacted by the move, according to a statement from Meredith, which confirmed earlier reports in the New York Post and the Observer. "After careful evaluation we made the difficult decision to move the acquired Time Inc. titles to CDS Global, Meredith's current fulfillment provider. Our company is better served not being in the fulfillment business, and we will see significant savings as a result of this change," the statement said.
As Meredith prepares to close its acquisition of Time this week, Meredith Chief Operating Officer Tom Harty has been named CEO of the combined media company.
NEW YORK , Jan. 29, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: S&P SmallCap 600 constituent Healthcare Services Group Inc. (NASD:HCSG) ...
The Offer will now expire one minute after 11:59 p.m. (Eastern Time) on January 30, 2018, unless further extended. Computershare Trust Company, N.A., the depository for the Offer, has advised Meredith that as of the close of business (Eastern Time) on January 25, 2018, approximately 65,987,804 shares of common stock of Time (not including 1,305,100 shares tendered by notice of guaranteed delivery for which shares have not yet been delivered) have been validly tendered and not properly withdrawn pursuant to the Offer, representing approximately 65% of the outstanding shares of common stock of Time.
As a result, Meredith plans to complete the transaction – first announced on November 26, 2017 – within the next 30 days, subject to satisfaction of the other terms and conditions of the tender offer.
The Offer will now expire one minute after 11:59 p.m. (Eastern Time) on January 25, 2018, per terms of the merger agreement, unless further extended. All other terms and conditions of the Offer remain unchanged. Computershare Trust Company, N.A., the depository for the Offer, has advised Meredith that as of the close of business (Eastern Time) on January 10, 2018, approximately 59,024,324 shares of common stock of Time (not including 4,812,404 shares tendered by notice of guaranteed delivery for which shares have not yet been delivered) have been validly tendered and not properly withdrawn pursuant to the Offer, representing approximately 58.7% of the outstanding shares of common stock of Time.
You’ve read the news, we’re giving you the takes! Time Inc.’s next generation global entertainment network, PeopleTV, confirms plans to launch a new interactive, nightly series, The Chatter, which is built exclusively for the Twitter audience.
NEW YORK, Jan. 8, 2018 /PRNewswire/ -- WeissLaw LLP announced that a class action was commenced in the United States District Court for the Southern District of New York on behalf of shareholders of Time, Inc. ("Time") (TIME) seeking to pursue remedies under the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the proposed acquisition of Time by Meredith Corporation ("Meredith") (MDP). On November 26, 2017, Time and Meredith announced that they had entered into a definitive agreement pursuant to which Meredith will acquire all outstanding shares of Time in a cash transaction valued at approximately $2.8 billion ("Proposed Transaction").
Rating Action: Moody's assigns B1 CFR to Meredith Corp., outlook is stable. Global Credit Research- 04 Jan 2018. New York, January 04, 2018-- Moody's Investors Service, assigned a B1 Corporate Family Rating ...
Time Inc. has sold Essence, the monthly African-American women’s lifestyle magazine, to a company formed by Sundial Brands co-founder Richelieu Dennis.
Time Inc. agreed to sell Essence Magazine. The acquiring entity, Essence Ventures, announced that it would buy the "multi-platform media company Essence Communications Inc." from New York-based Time for an undisclosed price. Essence president Michelle Ebanks will continue at the helm of the new company and join its board of directors.
Time magazine named “The Silence Breakers” as its 2017 person of the year on Wednesday, referring to the many individuals who helped expose the prevalence of sexual harassment and gender discrimination ...
NEW YORK, NY / ACCESSWIRE / December 20, 2017 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a boutique securities firm headquartered at the Empire State Building in New ...