MDP - Meredith Corporation
| Previous Close | 52.99 |
| Open | 53.15 |
| Bid | 53.74 x 1000 |
| Ask | 53.75 x 800 |
| Day's Range | 52.83 - 54.01 |
| 52 Week Range | 47.46 - 62.40 |
| Volume | 234,017 |
| Avg. Volume | 361,714 |
| Market Cap | 2.467B |
| Beta (3Y Monthly) | 1.31 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.05 |
| Earnings Date | Aug 8, 2019 - Aug 12, 2019 |
| Forward Dividend & Yield | 2.30 (4.28%) |
| Ex-Dividend Date | 2019-05-30 |
| 1y Target Est | 60.33 |
- PR Newswire•7 days ago
Meredith Corporation Announces 2019 Meredith Excellence Awards Winners
Winners were chosen by an independent panel of judges and represent the best of the best in editorial and marketing DES MOINES, Iowa , June 13, 2019 /PRNewswire/ -- Meredith Corporation (NYSE: MDP; www.meredith.com ...
- Bloomberg•8 days ago
When a Ponzi Scheme and Bond Protections Collide
“All marketing efforts for Clearwater Cay will be coordinated through Cay Clubs,” according to bond documents, which also state that the developer “believes this to be a unique offering of resort services and amenities that will be unmatched in this area.” Those luxury amenities, like a water park and gondola-lined canal, are never built. In February 2016, Dave Clark, former chief executive officer of Cay Clubs, is sentenced to 40 years in prison because the company “came to operate as a Ponzi scheme,” according to the Justice Department. Evidence showed it experienced serious financial difficulties by “at least September 2006,” or two months before the district’s bond sale. All the while, you, the condo owner, are paying about $1,500 a year in assessments on your property to repay those bonds.
- PR Newswire•10 days ago
National Media Group President Jon Werther To Leave Meredith
"We thank Jon for his numerous accomplishments in his six years of service to Meredith, and wish him well in the future," said Meredith President and Chief Executive Officer Tom Harty. Harty said that Meredith does not plan to immediately fill the position, and that the group's senior leadership team will now report directly to him. Harty previously served as Meredith National Media Group President from 2010 to 2016.
- PR Newswire•10 days ago
EatingWell Announces The 2019 Winners Of Its Third Annual American Food Heroes Awards
List Recognizes Top 10 Food Industry Leaders and Visionaries NEW YORK and SHELBURNE, Vt ., June 10, 2019 /PRNewswire/ -- Today Meredith Corporation's (NYSE: MDP: Meredith.com ) EatingWell magazine announced ...
- Markit•10 days ago
See what the IHS Markit Score report has to say about Meredith Corp.
Meredith Corp NYSE:MDPView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is high * Economic output in this company's sector is contracting Bearish sentimentShort interest | NegativeShort interest is extremely high for MDP with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting MDP. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.28 billion over the last one-month into ETFs that hold MDP are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- PR Newswire•14 days ago
Meredith Announces Reimagining Of Entertainment Weekly Brand
"Entertainment Weekly remains one of the most trusted brands in the entertainment industry, and we plan to deepen our connection with our loyal fans," said Bruce Gersh, President of the Meredith Entertainment Group that includes PEOPLE, Entertainment Weekly and People en Español. "With the vision and experience to produce premium entertainment content, JD Heyman is the perfect choice as we reimagine the EW brand for accelerated growth and success.
- PR Newswire•17 days ago
Meredith To Present At Gabelli & Company Investor Conference
DES MOINES, Iowa , June 3, 2019 /PRNewswire/ -- Meredith Corporation (NYSE: MDP; meredith.com), the leading media and marketing company with national brands serving 175 million unduplicated Americans — ...
- Zacks•20 days ago
Nutanix (NTNX) Q3 Earnings Top, Revenues Miss Estimates
Nutanix's (NTNX) third-quarter fiscal 2019 results benefit from continued growth in customer base. However, slower sales cycles hurt the top line.
- PR Newswire•22 days ago
Allrecipes June/July Issue Unveils Further Digital And Print Innovation With Exclusive Audio Unlocked Through SmartCodes
Although past 2019 issues have led consumers to digital recipes, e‑commerce experiences and videos through SmartCodes, audio content now adds another dimension to the brand's SmartCode offerings. In the past six months, consumer interaction with SmartCodes are up 10x with thousands of scans per title. The voice behind the content to audio SmartCodes, Elise Mayfield, is star of Allrecipes' new hilarious and informative IGTV series, "Smart Cookie." Mayfield is featured in this issue's "Cook to Follow" editorial feature and is an active member of the Allrecipes community of home cooks.
- American City Business Journals•22 days ago
Women outpace men on the cover of Time
Four of the six covers for Time's 100 Most Influential People featured women, and four featured people of color.
Associated Press•23 days agoSports Illustrated magazine sold for $110 million
Sports Illustrated magazine has been sold for $110 million to a company that specializes in managing fashion, entertainment and sports brands, including marketing rights to Shaquille O'Neal and Muhammad Ali. The seller, Meredith Corp., will continue running the print edition and the website SI.com for at least two years. Its editor and publisher are staying on, and the magazine will have editorial independence.
- Associated Press•23 days ago
Fiat, Seaworld rise; Meredith, Kraft Heinz slip
Stocks that moved substantially or traded heavily on Tuesday: Total System Services Inc., up $5.39 to $118.84 The payments processing company is being bought by Global Payments in an all-stock deal valued ...
- Benzinga•23 days ago
Meredith Sells Sports Illustrated To Authentic Brands Group For $110M
The purchase includes Sports Illustrated’s associated brands including Sports Illustrated, Sports Illustrated Kids, Sportsperson of the Year, Sports Illustrated Swimsuit, SI and SI TV. The transaction doesn't include the FanSided digital platform, which Meredith is still in the process of selling. "We are honored to welcome Sports Illustrated to the ABG family," said Jamie Salter, CEO of Authentic Brands Group.
Yahoo Finance•23 days agoCompanies to Watch: Potential new listing for Alibaba, partial victory for AB InBev, Tesla to announce pricing in China
Alibaba, AB InBev, Tesla, Disney and Authentic Brands Group are the companies to watch.
- American City Business Journals•23 days ago
Meredith sells Sports Illustrated brand for $110 million
Meredith Corp. sold the intellectual property of Sports Illustrated to Authentic Brands Group (ABG) for $110 million. Des Moines, Iowa-based Meredith (NYSE: MDP) said Sunday that ABG bought "the marketing, business development and licensing functions for the Sports Illustrated intellectual property and brand, while the print magazine and SI.com will maintain editorial independence and continue to operate under the leadership of Meredith." The deal means that ABG believes the biggest asset of Sports Illustrated is its brand name. "As one of the most iconic brands in sports media, SI is a cultural centerpiece with massive opportunities for growth across its burgeoning digital, TV and social platforms and industry-leading print magazine.
- TheStreet.com•23 days ago
Authentic Brands Buys Sports Illustrated From Meredith for $110 Million
finalized the sale of the Sports Illustrated brands and license to operate the fabled Sports Illustrated print magazine to privately held Authentic Brands Group for $110 million. As part of the deal, Authentic Brands will acquire all Sports Illustrated associated brands including Sports Illustrated, Sports Illustrated Kids, Sportsperson of the Year, Sports Illustrated Swimsuit, SI and SI TV. The transaction doesn't include the FanSided digital platform, which Meredith is currently in the process of selling.
- CNBC•23 days ago
Stocks making the biggest moves premarket: Fiat Chrysler, Uber, Alibaba, Beyond Meat & more
Fiat Chrysler FCA-IT — Fiat Chrysler is seeking a merger with French automaker Renault, in a deal that would see each side take a 50% stake in a merged entity. Uber UBER — Uber announced that Ryan Graves has resigned from its board of directors. Graves was the first employee hired by Uber and briefly served as the ride-hailing company's CEO.
- Reuters•23 days ago
Meredith sells Sports Illustrated to Authentic Brands to further digital push
The companies also formed a strategic partnership to build a global media platform and develop broad-based licensing programs under the Sports Illustrated brand that will include product, original content and live events. The purchase includes New York-headquartered Authentic Brands getting the intellectual property of the iconic magazine that will comprise of Sports Illustrated, Sports Illustrated Kids, Sportsperson of the Year, Sports Illustrated Swimsuit, SI and SI TV, the companies said in a statement.
- Yahoo Finance Video•23 days ago
Here's what the Sports Illustrated sale to a marketing company means for the brand
The brand and intellectual property of Sports Illustrated have been sold to Authentic Brands, a marketing company, for $110 million. Yahoo Finance's Dan Roberts joins Julie Hyman and Adam Shapiro to discuss what it means for readers and SI's writers.
- Yahoo Finance Video•23 days ago
Sports Illustrated brand sold to Authentic Brands Group for $110 million
Sports Illustrated's brand was just sold to Authentic Brands Group for $110 million. Yahoo Finance's Dan Roberts, Myles Udland and Melody Hahm discuss.
- CNBC Videos•23 days ago
Oklahoma accuses Johnson & Johnson of fueling the opioid epidemic
In the first big civil trial in the opioid crisis, Oklahoma is accusing Johnson and Johnson of fueling the state's widespread opioid crisis, in part through a tablet called Nucynta. CNBC's "Squawk Box" reports.
- CNBC Videos•23 days ago
The Pre-Markets Rundown: May 28, 2019
CNBC brings you fast, accurate, and actionable business news and market updates.
