Meredith Corp. (MDP) Declares $0.545 Quarterly Dividend; 4.3% Yield

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Go back to Meredith Corp. (MDP) Declares $0.545 Quarterly Dividend; 4.3% Yield

Meredith Corp. (MDP) Reports Q3 Revenues Above Estimates

May 10, 2018 6:41 AM EDT

Meredith Corp. (NYSE: MDP) reported Q3 EPS of ($2.74), versus $0.69 reported last year. Revenue for the quarter came in at $648.8 million versus the consensus estimate of $437.2 million.

OUTLOOK

Looking more closely at the fourth quarter of fiscal 2018, Meredith expects:

National Media Group... More

Sinclair Broadcast Group (SBGI) Announces Additional Information on Agreements to Sell TV Stations Related to Closing Tribune Media (TRCO) Acquisition

May 9, 2018 7:23 AM EDT

Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (the "Company" or "Sinclair") announced that Fox Broadcasting Company ("Fox"), is a purchaser, along with previously announced purchasers, Standard Media Group, LLC (an affiliate of Standard General L.P.), Meredith Corporation (NYSE: MDP) ("Meredith"), Howard Stirk and Cunningham Broadcasting Corporation, of certain television stations Tribune and Sinclair expect to sell as a condition to the consummation of Sinclair's acquisition of the stock of Tribune Media Company (NYSE: TRCO) ("Tribune") in an accretive transaction valued at $4.6 billion after... More