Time Inc. (TIME) stock prices updated...
Please, Signup (Login) to subscribe or trade (demo)
Time Inc. stock price
Time Inc. latest news:
Time magazine editor-in-chief Nancy Gibbs stepping down
Time Inc. announced Tuesday that Nancy Gibbs is stepping down as editor-in-chief of Time magazine at the end of the year. A successor is expected to be named soon, Time said. Gibbs has spent 32 years working at Time, including four as the magazine's first female editor-in-chief. Gibbs is credited with revamping Time's digital operations that has doubled the magazine's overall audience under her tenure. "Nancy successfully ushered Time into a new era," the company said in a statement. "She is leaving Time in a strong position, with the biggest audience in its history and more innovations ahead." Gibbs said she's "grateful for every single day I've spent at Time, but it's time for another chapter." Time shares are down 4% in the past three months, and down 25% year to date, compared to the S&P 500's gains of 3% and 12%, respectively.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.
BRIEF-Katie J. Stanton appointed to Time Inc. board of directors
* Time Inc - appointment of Katie J. Stanton, former vice
president, Global Media at Twitter, to its board of directors
Source text for Eikon:
Further company coverage:
Time Inc. sells live events company INVNT back to founders as part of streamlining strategy
Time Inc. said on Thursday it has sold live events company INVNT back to the company's founding partners. Time bought the INVNT back in 2015 with the hope that live events would help bring targeted audiences to Time's marketing partners. The sale closed on Thursday with no terms disclosed. Selling INVNT is part of Time's plans to condense its portfolio and focus on the core business. Shares of Time have declined 18% in the year to date, while 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.
National Enquirer owner David Pecker is interested in a bid for Time Inc.
National Enquirer owner David Pecker has been mulling over a potential bid to buy out struggling magazine and media publisher Time Inc. , according to a feature in the July 3 edition of The New Yorker. The nugget is buried in an in-depth profile on Pecker's friendship with, and his tabloid's support of President Donald Trump. Back in April the Sport's Illustrated, People and Time publisher was entertaining bids, but ultimately decided not to put itself up for sale. However, as the New Yorker story notes, even if Time were on the market, Pecker couldn't buy the company outright himself. He would need a deep-pocketed partner. Time, like many of its peers, has struggled to contend with a declining print business, recently cutting 300 jobs in order to facilitate a shift to digital. Shares of Time have declined more than 23% in the year to date, while the S&P 500 index have gained more than 8%.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.
Time Warner Cable IncTWC
Time Warner Inc.TWX
Timken Company (The)TKR
Timken Steel CorporationTMST
Toll Brothers Inc.TOL
Tootsie Roll IndustriesTR