Journal Media Group (JMG) stock prices updated...
 

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Journal Media Group latest news:


  • 08/23/2017 10:46:30

    BRIEF-TC Media sells six of its publications

    TC Media: * TC Media sells six of its publications: Le Journal Saint-Francois, Le Soleil De Chateauguay, Brossard Eclair, Le Courrier Du Sud, L'information D'affaires Rive-Sud, and Le Reflet. * ‍TC Media says TC Transcontinental also concluded a multi-year agreement for printing and distribution of six publications​ Source text for Eikon: Further company coverage:

  • 07/19/2017 09:22:34

    Potential Scripps Networks, Discovery merger could be coming at just the right time, analyst says

    Shares of Scripps Networks Interactive Inc. were up 14% during intraday trade on Wednesday, after a Wall Street Journal report Tuesday night that the media company was in talks to merge with Discovery Communications Inc. . Shares of Discovery were up nearly 4%. The potential tie-up not only makes sense, but could be coming at just the right time, according to MKM Partners analyst Eric Handler. A Scripps acquisition would give Discovery increased relevance and scale, and would be beneficial to Scripps shareholders, Handler wrote in a note to investors. "The possible acquisition of Scripps should prove beneficial for Discovery, and create a company with revenue of roughly $10.5 billion and EBITDA of more than $4 billion," Handler wrote. "The timing of this potential transaction could be coming at a good time for Scripps, which is seeing erosion in its ratings trends, especially with HGTV, while investment spending for new initiatives remains elevated." Shares of Discovery are down nearly 2% in the year to date, while Scripps shares have gained more than 16% in the year and the S&P 500 index has gained more than 10%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/12/2017 09:13:32

    Verizon CEO says company is not eyeing deal to buy Disney

    Verizon Communications Inc. Chief Executive Lowell McAdam told journalists during the annual media and technology summit in Sun Valley, Idaho that "No," the telecommunication and media company will not buy Walt Disney Co. , according to media reports. Last week the New York Post reported that rumors had been circling that Verizon was eyeing a purchase of the Mouse House empire. Analysts were quick to the denounce the report and now Verizon's chief executive has said the company isn't looking at a potential deal. Verizon recently completed its acquisition of Yahoo Inc.. And the narrative looming in the media industry has been that media companies would be attractive targets for tech and telecom companies. The industry has been waiting to see if Facebook Inc. , or Apple Inc. would look to acquire a media company to help their push into TV, and Verizon rival AT&T Inc. is currently in midst of a deal for Time Warner Inc. . Verizon shares have declined more than 19% in the year to date, while Disney shares are down less than 1% and the S&P 500 index is up 9% during the same period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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