Breaking News Instant updates and real-time market news.

MEG

Media General

$18.64

-0.02 (-0.11%)

, NXST

Nexstar

$63.25

-0.15 (-0.24%)

07:47
12/22/16
12/22
07:47
12/22/16
07:47

Media General announces extension of change of control offer

Media General (MEG) announced that its subsidiary, LIN Television Corporation, has extended its change of control offer to purchase for cash any and all of its outstanding 5.875% Senior Notes due 2022 issued by LIN at a purchase price of 101% of the principal amount of the Notes plus accrued and unpaid interest, if any, to the date of purchase in connection with the pending transaction described below. The offer, which was scheduled to expire at 11:59 p.m. New York City Time on December 21, 2016, has been extended to 11:59 p.m. New York City Time on December 30, 2016, unless extended or terminated pursuant to the terms of the Change of Control Offer. All other terms and conditions of the Change of Control Offer shall remain unchanged. The Change of Control Offer relates to the agreement and plan of merger, dated as of January 27, 2016, by and among Nexstar Broadcasting Group (NXST) and Media General.

MEG

Media General

$18.64

-0.02 (-0.11%)

NXST

Nexstar

$63.25

-0.15 (-0.24%)

MEG Media General
$18.64

-0.02 (-0.11%)

01/08/16
01/08/16
DOWNGRADE

On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: A.O. Smith (AOS) downgraded to Hold from Buy at Maxim... Aetna (AET) downgraded to Hold from Buy at Jefferies... Air France-KLM (AFLYY) downgraded to Sell from Neutral at UBS... BHP Billiton (BHP) downgraded to Neutral from Outperform at Macquarie... Barracuda (CUDA) downgraded to Sector Weight from Overweight at Pacific Crest... Boston Beer (SAM) downgraded to Hold from Buy at Jefferies... Caladrius (CLBS) downgraded to Neutral from Buy at H.C. Wainwright... Canadian Natural (CNQ) downgraded to Neutral from Outperform at Macquarie... Cliffs Natural (CLF) downgraded to Neutral from Outperform at Macquarie... Community Health (CYH) downgraded to Neutral from Outperform at Wedbush... Container Store (TCS) downgraded to Neutral from Overweight at JPMorgan... D.R. Horton (DHI) downgraded to Market Perform from Outperform at Raymond James... Energizer (ENR) downgraded to Hold from Buy at Jefferies... Enerplus (ERF) downgraded to Neutral from Outperform at Macquarie... Finisar (FNSR) downgraded to Equal Weight from Overweight at Barclays... Freeport McMoRan (FCX) downgraded to Neutral from Outperform at Macquarie... Globus Medical (GMED) downgraded to Underperform from Buy at BofA/Merrill... Hollysys (HOLI) downgraded to Neutral from Outperform at Credit Suisse... International Paper (IP) downgraded to Equal Weight from Overweight at Barclays... InvenSense (INVN) downgraded to Neutral from Buy at Rosenblatt... KB Home (KBH) downgraded to Neutral from Buy at MKM Partners... Keysight Technologies (KEYS) downgraded to Neutral from Outperform at Baird... Lumentum (LITE) downgraded to Underweight from Equal Weight at Barclays... Mattress Firm (MFRM) downgraded to Neutral from Buy at UBS... Mead Johnson (MJN) downgraded to Underperform from Outperform at CLSA... Media General (MEG) downgraded to Hold from Buy at Gabelli... Mosaic (MOS) downgraded to Market Perform from Outperform at BMO Capital... Quidel (QDEL) downgraded to Market Perform from Outperform at William Blair... United Technologies (UTX) downgraded to Market Perform from Outperform at Bernstein... Veritiv (VRTV) downgraded to Underweight from Overweight at Barclays... Volvo (VOLVY) downgraded to Underweight from Neutral at JPMorgan... WestRock (WRK) downgraded to Equal Weight from Overweight at Barclays... Williams-Sonoma (WSM) downgraded to Neutral from Buy at Buckingham.
01/27/16
01/27/16
NO CHANGE

Nexstar & Media General to host joint conference call
Conference call to discuss aquisition agreement will be held on January 27 at 10 am. Webcast Link
01/28/16
WELS
01/28/16
NO CHANGE
WELS
Meredith likely to be range bound for a few quarters, says Wells Fargo
After Meredith (MDP) and Media General (MEG) terminated their merger, Wells Fargo expects Meredith's stock to be range bound for a few quarters, since it believes that no M&A deals in the broadcast sector will take place until the spectrum auction is over 6-9 months from now. Wells says that Meredith's magazines business continues to weaken its results, and it keeps a Market Perform rating on the shares.
09/28/16
SPHN
09/28/16
NO CHANGE
Target $65
SPHN
Overweight
Nexstar continues to move closer to closing on Media General deal, says Stephens
Stephens analyst Kyle Evans believes Nexstar (NXST) continues to move closer to closing on the Media General (MEG) deal after it announced pricing for the remaining debt required to finance the acquisition. Additionally, Nexstar raised free cash flow guidance as pricing on the term loan was better than expected when prior guidance was given. The analyst reiterates an Overweight rating and $65 price target on Nexstar's shares.
NXST Nexstar
$63.25

-0.15 (-0.24%)

02/05/16
SPHN
02/05/16
NO CHANGE
Target $60
SPHN
Overweight
Distribution deal with Cox a clear positive for Nexstar, says Stephens
Stephens analyst Kyle Evans believes Nexstar's just announced distribution deal with Cox Communications is a clear positive for Nexstar and "a timely reminder" that retransmission revenue is a high-margin growth driver for Nexstar and for the industry. The analyst, who sees recent weakness in Nexstar shares as a buying opportunity, keeps an Overweight rating and $60 price target on the stock.
07/18/16
WELS
07/18/16
NO CHANGE
WELS
Nexstar results could beat expectations, says Wells Fargo
After meeting with Nexstar's management, Wells Fargo thinks that the company's results could beat expectations ,driven by political, M&A, the company's acquisition of Media General, and digital. The firm calls Nexstar its favorite broadcast stock and keeps an Outperform rating on the shares.

TODAY'S FREE FLY STORIES

KSU

Kansas City Southern

$105.80

-0.07 (-0.07%)

17:45
08/18/17
08/18
17:45
08/18/17
17:45
Hot Stocks
Kansas City Southern director Henry Maier buys 3,000 shares »

Kansas City Southern…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 06

    Sep

RXII

RXi Pharmaceuticals

$0.58

-0.02 (-3.36%)

17:27
08/18/17
08/18
17:27
08/18/17
17:27
Syndicate
Breaking Syndicate news story on RXi Pharmaceuticals »

RXi Pharmaceuticals files…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Sep

WIN

Windstream

$1.98

0.06 (3.13%)

17:27
08/18/17
08/18
17:27
08/18/17
17:27
Hot Stocks
Windstream CEO acquires 25,381 common shares »

In a regulatory filing,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CVM

CEL-SCI

$2.44

-0.22 (-8.27%)

17:27
08/18/17
08/18
17:27
08/18/17
17:27
Syndicate
Breaking Syndicate news story on CEL-SCI »

CEL-SCI files to sell…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TRN

Trinity Industries

$28.20

-0.03 (-0.11%)

17:25
08/18/17
08/18
17:25
08/18/17
17:25
Hot Stocks
ValueAct raises stake inTrinity Industries to 11% from 9.8% »

As of this date, ValueAct…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

LPTN

Lpath

17:11
08/18/17
08/18
17:11
08/18/17
17:11
Hot Stocks
Breaking Hot Stocks news story on Lpath »

Stonepine Capital reports…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PGR

Progressive

$48.63

0.12 (0.25%)

17:08
08/18/17
08/18
17:08
08/18/17
17:08
Hot Stocks
Progressive CFO sells 50,000 common shares »

In a regulatory filing,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TMO

Thermo Fisher

$172.57

-0.32 (-0.19%)

17:06
08/18/17
08/18
17:06
08/18/17
17:06
Hot Stocks
Thermo Fisher director sells 11,318 shares »

In a regulatory filing,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 06

    Sep

SMBC

Southern Missouri Bancorp

$31.18

-0.05 (-0.16%)

17:06
08/18/17
08/18
17:06
08/18/17
17:06
Hot Stocks
Southern Missouri Bancorp and Southern Missouri Bancshares to merge »

Southern Missouri Bancorp…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

16:58
08/18/17
08/18
16:58
08/18/17
16:58
Hot Stocks
Breaking Hot Stocks news story on Icahn Enterprises »

Icahn says ended advisory…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

16:57
08/18/17
08/18
16:57
08/18/17
16:57
Hot Stocks
Breaking Hot Stocks news story on Icahn Enterprises »

Icahn says ending…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

16:57
08/18/17
08/18
16:57
08/18/17
16:57
Hot Stocks
Breaking Hot Stocks news story on Icahn Enterprises »

Icahn says never had…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

IEP

Icahn Enterprises

$50.00

-0.2 (-0.40%)

16:56
08/18/17
08/18
16:56
08/18/17
16:56
Hot Stocks
Icahn no longer special advisor to President Trump on regulatory reform issues »

Carl Icahn, founder of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NVTA

Invitae

$9.60

0.05 (0.52%)

16:55
08/18/17
08/18
16:55
08/18/17
16:55
Syndicate
Breaking Syndicate news story on Invitae »

Invitae files to sell…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NVTA

Invitae

$9.60

0.05 (0.52%)

16:49
08/18/17
08/18
16:49
08/18/17
16:49
Syndicate
Breaking Syndicate news story on Invitae »

Invitae files to sell…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MU

Micron

$30.38

0.76 (2.57%)

16:48
08/18/17
08/18
16:48
08/18/17
16:48
Hot Stocks
Micron director sells 25,000 common shares »

In a regulatory filing,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Aug

  • 06

    Sep

INSY

Insys Therapeutics

$9.17

-0.11 (-1.19%)

16:42
08/18/17
08/18
16:42
08/18/17
16:42
Hot Stocks
Insys agrees to pay $4.45M to settle opioid marketing suit »

Illinois Attorney General…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AKTX

Akari Therapeutics

16:34
08/18/17
08/18
16:34
08/18/17
16:34
Syndicate
Breaking Syndicate news story on Akari Therapeutics »

Akari Therapeutics files…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

JMBA

Jamba

$9.11

-0.04 (-0.44%)

16:32
08/18/17
08/18
16:32
08/18/17
16:32
Hot Stocks
Jamba receives expected letter from Nasdaq »

Jamba, Inc. announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

HIL

Hill International

$4.50

0.2 (4.65%)

16:31
08/18/17
08/18
16:31
08/18/17
16:31
Hot Stocks
Hill International receives NYSE notice regarding late Form 10-Q filing »

Hill International…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TGT

Target

$55.65

-0.47 (-0.84%)

16:30
08/18/17
08/18
16:30
08/18/17
16:30
Periodicals
Target ends relationship with food startup Hampton Creek, Bloomberg says »

After an internal review,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

16:30
08/18/17
08/18
16:30
08/18/17
16:30
Options
Preliminary option volume of 23.2M today »

Preliminary option volume…

NBEV

New Age Beverages

$3.51

-0.49 (-12.25%)

16:29
08/18/17
08/18
16:29
08/18/17
16:29
Hot Stocks
New Age Beverages director sells nearly 42,000 common shares »

In a regulatory filing,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Sep

ATW

Atwood Oceanics

$6.26

0.22 (3.64%)

, ESV

Ensco

$4.28

0.12 (2.88%)

16:24
08/18/17
08/18
16:24
08/18/17
16:24
Hot Stocks
Atwood Oceanics, Ensco file proxy materials in connection with pending merger »

Ensco (ESV) and Atwood…

ATW

Atwood Oceanics

$6.26

0.22 (3.64%)

ESV

Ensco

$4.28

0.12 (2.88%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NSRGY

Nestle

$83.76

-0.1 (-0.12%)

16:23
08/18/17
08/18
16:23
08/18/17
16:23
Periodicals
Nestle faces potential fraud suit over Poland Spring marketing, WSJ says »

Nestle is facing a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.