Time Spin-Off Adds Long Term Value for Time Warner (TWX)
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Time Warner (TWX) Spin-Off Will Improve Growth Profile - Goldman
March 7, 2013 10:57 AM ESTYesterday Time Warner (NYSE: TWX) announced it would spin-off Time Inc. The move is an ongoing effort by the company to streamline operations, and in the view of analysts at Goldman Sachs is a positive development.
"We would view the proposed Time... More
B. Riley Upgrades Time Warner (TWX) to Buy
March 7, 2013 10:32 AM ESTB. Riley upgraded Time Warner (NYSE: TWX) from Neutral to Buy with a price target of $65.00 (from $48.00).
For an analyst ratings summary and ratings history on Time Warner click here. For... More
Meredith (MDP) Discussed Combining with Time Inc. Brand (TWX)
March 6, 2013 5:53 PM ESTMeredith Corporation (NYSE: MDP) confirmed today that it held discussions with Time Warner, Inc. (NYSE: TWX) regarding a potential combination of Meredith's National Media Group with Time Inc.'s Lifestyle and Style & Entertainment brands. Earlier today, Time Warner announced that it is going to spin off its entire Time Inc. subsidiary into a separate publicly traded company.
Meredith Chairman and Chief Executive Officer Stephen M. Lacy said, "At... More
Time Warner (TWX) Plans to Spin off Time Inc.
March 6, 2013 5:41 PM ESTTime Warner Inc. (NYSE: TWX) today announced that its Board of Directors has authorized management to proceed with plans for the complete legal and structural separation of Time Inc. from Time Warner. Following the proposed transaction, Time Inc. would be an independent, publicly traded... More
