Zacks reiterated their neutral rating on shares of Meredith Corporation (NYSE:MDP), in a research report sent to investors on Wednesday morning. The firm currently has a $46.00 price target on the stock. Meredith Corporation (NYSE:MDP), net profit margin is 7.30% and weekly performance is 1.68%. On last trading day company shares ended up $45.37. Analysts mean target price for the company is $48.50. Meredith Corporation (NYSE:MDP), distance from 50-day simple moving average (SMA50) is -0.64%.
On May 8, 2014, Journal Communications, Inc. (NYSE:JRN), entered into a Change in Control Agreement with each of the following executive officers: Jason R. Graham, the Company’s Senior Vice President of Finance, Chief Financial Officer and Controller, Deborah F. Turner, Vice President and Executive Vice President of Television of Journal Broadcast Group, Inc. and Steven H. Wexler, Vice President and Executive Vice President of Radio of Journal Broadcast Group, Inc. (each, a “CIC Agreement”). Journal Communications, Inc. (NYSE:JRN), fell 0.12% in last trading session and ended the day on $8.13. JRN, Gross Margin is 44.90% and its return on assets is 5.80%. Journal Communications, Inc. (NYSE:JRN), quarterly performance is -11.63%.
On May 20, 2014, Daily Journal Corporation (NASDAQ:DJCO), announced that, due to the delayed filing of its quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2014, the Company received, as expected, a notification letter from The NASDAQ Stock Market stating that the Company is not in compliance with NASDAQStock Market Rule 5250(c)(1), which requires the timely filing of all required periodic financial reports with the Securities and Exchange Commission (“SEC”). The NASDAQ letter was issued in accordance with standard NASDAQ procedures. Daily Journal Corporation (NASDAQ:DJCO), shares moved up 1.11% in last trading session and was closed at $171.88, while trading in range of $171.88 – 171.88. Daily Journal Corporation (NASDAQ:DJCO), year to date (YTD) performance is 55.31%.
The E.W. Scripps Company (NYSE:SSP), SVP William Appleton sold 8,870 shares of The E.W. Scripps Company stock on the open market in a transaction dated Monday, May 12th. The shares were sold at an average price of $20.00, for a total value of $177,400.00. TThe E.W. Scripps Company (NYSE:SSP), ended the last trading day at $19.52. Company weekly volatility is calculated as 2.48% and price to cash ratio as 5.85. The E.W. Scripps Company (NYSE:SSP), showed a negative weekly performance of 0.96%.
The head of News Corp (NASDAQ:NWSA), has said the group will be publishing newspapers for “decades” and hit out at the “morbid mindset” of those who say print is dead. News Corp (NASDAQ:NWSA), net profit margin is -7.10% and weekly performance is 0.23%. On last trading day company shares ended up $17.09. Analysts mean target price for the company is $18.65. News Corp (NASDAQ:NWSA), distance from 50-day simple moving average (SMA50) is -0.57%.
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