Marketing Services: RetailMeNot (NASDAQ:SALE), Millennial Media (NYSE:MM), AirMedia Group (NASDAQ:AMCN), MDC Partners Inc. (NASDAQ:MDCA)

Posted by on Mar 03, 2014

Wunderlich raised their price objective on shares of RetailMeNot Inc. (NASDAQ:SALE) from $38.00 to $44.00 in a research note issued on Friday, Stock Ratings Network reports. The firm currently has a “buy” rating on the stock. Wunderlich’s price objective suggests a potential upside of 6.46% from the company’s current price. RetailMeNot Inc. (NASDAQ:SALE) stock opened at $47.16 in last session, and closed at $41.77, while the day range of RetailMeNot Inc. (NASDAQ:SALE) stock is $39.63 – $48.30. The stock showed a positive weekly performance of -2.86%.

Millennial Media Inc. (NYSE:MM) has now teamed up with App Nexus, which offers an open – ad platform, to roll out MMX. The Millennial Media Exchange will now be expanding further into 20 more countries, and will also introduce an entirely new set of targeting features that provide brand & performance advertisers much better transparency &control over their mobile-ad campaigns. Millennial Media, Inc. (NYSE:MM) stock opened at $6.16 in last session, and closed at $6.04 by losing -3.51%. The 52 week range of $5.78 – $10.48. Company’s market capitalization is $491.73M.

AirMedia Group Inc. (ADR) (NASDAQ:AMCN) a leading operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers, announced that it will report its unaudited financial results for the fourth quarter and fiscal year 2013 ended December 31, 2013 after the U.S. market closes on Wednesday, March 5, 2014. AirMedia Group Inc. (ADR) (NASDAQ:AMCN) stock increased 9.87% and finished the last session at $2.56. The EPS of the stock remained -0.15. Company’s market capitalization is $153.20M.

MDC Partners Inc. (NASDAQ:MDCA) announced that its Board of Directors has declared a cash dividend of $0.18 per share on all of its outstanding Class A shares and Class B shares. The quarterly dividend represents a 12.5% increase from the prior dividend and will be payable on or about March 18, 2014 to shareholders of record at the close of business on March 4, 2014. MDC Partners Inc. (NASDAQ:MDCA) stock opened the session at $22.67, and closed the session at $22.49. The 52 week range of the MDC Partners Inc. (NASDAQ:MDCA) stock remained $8.88 – $26.62 and the day range was $22.39 – $22.87.

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