MEG up +1.33% percent Today $MEG High is at 15.42
Post# of 21
Recent News posted below.
Media General MEG other info.
http://investorshangout.com/Media-General-MEG-51766/
MEG Media General Recent Headline News
Media General Earnings Review: 11 Days after Announcement Shares Up 4.3% (MEG)
Comtex SmarTrend(R) - Mon Nov 17, 9:14AM CST
When Media General (NYSE:MEG) reported earnings a week ago on November 6th, 2014, analysts, on average, expected the company to report earnings of $0.23 on sales of $166.5 million. The company actually reported EPS of $0.15 on sales of $160.2 million, missing EPS estimates by $0.08 and missing revenue estimates by $6.3 million. Shares of Media General have climbed from $14.39 to $15.01, representing a gain of 4.3% since the company reported earnings 11 days ago.
MEG: 14.81 (-0.20)
Media General posts 3Q profit
Automated Insights - Thu Nov 06, 10:18AM CST
RICHMOND, Va. (AP) _ Media General Inc. (MEG) on Thursday reported profit of $13.4 million in its third quarter.
MEG: 14.81 (-0.20)
Merger benefits and political ads boost Media General
Seeking Alpha - at Seeking Alpha - Thu Nov 06, 7:05AM CST
MEG: 14.81 (-0.20)
Media General misses by $0.05, misses on revenue
Seeking Alpha - at Seeking Alpha - Thu Nov 06, 6:57AM CST
MEG: 14.81 (-0.20)
Media General Reports Third-Quarter 2014 Results
Business Wire - Thu Nov 06, 6:30AM CST
--Broadcast Cash Flow (BCF) increased 53% to $61.1 million compared to combined BCF of $40 million in the third quarter of 2013; BCF margin in the current quarter was 38% compared to 30% in the prior year.
MEG: 14.81 (-0.20)
Media General Announces Closing of $400 Million of Senior Unsecured Notes
Business Wire - Wed Nov 05, 3:09PM CST
Media General, Inc. (NYSE: MEG) announced that its wholly owned subsidiary, Media General Financing Sub, Inc. (the "Issuer" , has completed an offering of $400 million aggregate principal amount of 5.875% senior unsecured notes due 2022 (the "Notes" in connection with the financing of its announced business combination (the "LIN Merger" with LIN Media LLC ("LIN" . Upon the closing of the LIN Merger, the Issuer will merge with and into LIN Television Corporation ("LIN Television" with LIN Television continuing as the surviving corporation in such merger and assuming all of the Issuer's obligations under the Notes and the indenture governing the Notes. The Notes will be guaranteed by each of LIN Television's subsidiaries that guarantee its credit facility. The Issuer intends to use the net proceeds from this offering to repay certain indebtedness of LIN in connection with the LIN Merger and to pay related fees and expenses. The Notes were sold at an issue price of 99.5%.
MEG: 14.81 (-0.20)
Media General, Inc. to Report Third-Quarter 2014 Results on November 6, 2014
Business Wire - Tue Nov 04, 8:02AM CST
Media General, Inc. (NYSE: MEG), a local broadcast television and digital media company, will report its third-quarter 2014 results on Thursday, November 6, 2014, before the market opens. The company will not host a conference call.
MEG: 14.81 (-0.20)
Can Discovery Communications Surprise Earnings in Q3? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Nov 03, 4:38PM CST
Discovery Communications Inc. (DISCA) is set to release third-quarter 2014 financial numbers before the opening bell on Nov 4.
MEG: 14.81 (-0.20), DRWI: 0.98 (-0.06), DIS: 90.49 (-0.31), DISCA: 32.62 (-0.91)
Media General Announces Pricing of $400 Million of Senior Unsecured Notes
Business Wire - Fri Oct 31, 12:42PM CDT
Media General, Inc. (NYSE: MEG) announced that its wholly owned subsidiary, Media General Financing Sub, Inc. (the "Issuer" , has priced an offering of $400 million aggregate principal amount of 5.875% senior unsecured notes due 2022 (the "Notes" in connection with the financing of its announced business combination (the "LIN Merger" with LIN Media LLC ("LIN" . Upon the closing of the LIN Merger, the Issuer will merge with and into LIN Television Corporation ("LIN Television" with LIN Television continuing as the surviving corporation in such merger and assuming all of the Issuer's obligations under the Notes and the indenture governing the Notes. The Notes will be guaranteed by each of LIN Television's subsidiaries that guarantee its credit facility. The Issuer intends to use the net proceeds from this offering to repay certain indebtedness of LIN in connection with the LIN Merger and to pay related fees and expenses. The Notes are being sold at an issue price of 99.5%.
MEG: 14.81 (-0.20)
LIN Media LLC to Report Third Quarter 2014 Earnings Results on November 6, 2014
Business Wire - Mon Oct 27, 8:01AM CDT
LIN Media LLC ("LIN Media" (NYSE:LIN), a local multimedia company, will report its third quarter 2014 earnings results before the market opens on November 6, 2014. Media General, Inc. and LIN Media announced a definitive merger agreement on March 21, 2014. The merger agreement was amended on August 20, 2014 and approved by Media General and LIN Media shareholders at separate special meetings held on October 6, 2014. The transaction is subject to certain regulatory approvals and other customary closing conditions. The merger is expected to close during the fourth quarter of 2014. Therefore, the Company will not hold a third quarter 2014 earnings conference call.
MEG: 14.81 (-0.20), LIN: 23.99 (-0.05)
Media General Announces Proposed Private Offering of Senior Unsecured Notes
Business Wire - Fri Oct 24, 8:00AM CDT
Media General, Inc. ("Media General" or the "Company" (NYSE: MEG) announced today that its newly formed, wholly owned subsidiary (the "Issuer" intends to issue $300 million aggregate principal amount of senior unsecured notes (the "Senior Notes" in connection with the financing of its announced business combination with LIN Media LLC ("LIN" . Upon the closing of the LIN Merger, the Issuer will merge with and into LIN Television Corporation ("LIN Television" with LIN Television continuing as the surviving corporation in such merger and assuming all of the Issuer's obligations under the Senior Notes and the indenture governing the Senior Notes. The proceeds of any such Senior Notes, together with cash on hand, proceeds from previously announced divestitures and bank borrowings through proposed amendments to its existing credit agreement, will be used to pay a portion of the merger consideration for the business combination with LIN, repay certain existing indebtedness of LIN and pay related fees and expenses. The offering of the Senior Notes will be subject to market and other conditions.
MEG: 14.81 (-0.20)
Media General: New Company At An Old Stock Price
Darspal S Mann - at Seeking Alpha - Wed Oct 15, 6:45AM CDT
MEG: 14.81 (-0.20), GCI: 31.00 (-0.05), SBGI: 27.55 (-0.54)
Downtrend Call Working As Media General Stock Falls 36.7% (MEG)
Comtex SmarTrend(R) - Mon Oct 13, 4:56PM CDT
SmarTrend identified a Downtrend for Media General (NYSE:MEG) on July 31st, 2014 at $20.00. In approximately 2 months, Media General has returned 36.70% as of today's recent price of $12.66.
MEG: 14.81 (-0.20)
Media General Has Returned 27.4% Since SmarTrend Recommendation (MEG)
Comtex SmarTrend(R) - Mon Oct 06, 11:07AM CDT
SmarTrend identified a Downtrend for Media General (NYSE:MEG) on July 31st, 2014 at $20.00. In approximately 2 months, Media General has returned 27.43% as of today's recent price of $14.52.
MEG: 14.81 (-0.20)
Media General, Inc. and LIN Media LLC Announce Shareholders' Approval of Merger
Business Wire - Mon Oct 06, 10:39AM CDT
Media General, Inc. (NYSE:MEG) and LIN Media LLC (NYSE:LIN) announced that, at separate meetings today, their respective shareholders approved the proposed merger of the two companies.
MEG: 14.81 (-0.20), LIN: 23.99 (-0.05)
NYSE stocks posting largest percentage increases
AP - Fri Oct 03, 5:04PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:
COUP: 16.30 (-0.21), MEG: 14.81 (-0.20), DWRE: 58.95 (-1.94), PANW: 109.18 (-1.60)
Why Media General (MEG) Stock Is Soaring Today
at The Street - Fri Oct 03, 2:52PM CDT
Media General (MEG) stock is up in late afternoon trading following the company's upgrade to 'buy' from 'hold' at Gabelli.
MEG: 14.81 (-0.20)
Media General Down 34.9% Since SmarTrend Downtrend Call (MEG)
Comtex SmarTrend(R) - Mon Sep 29, 9:50AM CDT
SmarTrend identified a Downtrend for Media General (NYSE:MEG) on July 31st, 2014 at $20.00. In approximately 2 months, Media General has returned 34.90% as of today's recent price of $13.02.
MEG: 14.81 (-0.20)