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TIME

Time Inc.

$13.78

-0.425 (-2.99%)

12:36
08/02/17
08/02
12:36
08/02/17
12:36

Time Inc. to launch SPORTS ILLUSTRATED Swimsuit Enterprises

Time Inc. announced the formation of SPORTS ILLUSTRATED Swimsuit Enterprises or SISE, a new division that will extend the SPORTS ILLUSTRATED Swimsuit brand by developing licensing programs and brand extensions, as well as new businesses in partnership with SPORTS ILLUSTRATED Swimsuit models, leveraging the significant content and promotional assets of SI and Time Inc. SISE will also look to offer compelling opportunities to help enhance the careers of emerging SPORTS ILLUSTRATED Swimsuit modeling talent. As part of its launch, SISE has already signed on 15 new SPORTS ILLUSTRATED Swimsuit model search participants who were selected from SPORTS ILLUSTRATED Swimsuit's first-ever open casting call competition earlier this year. This group of models joined the brand at the swimwear industry's premiere annual event in Miami last month to debut the 2018 SPORTS ILLUSTRATED Swim and Active apparel collections at a special runway show, photo shoot and more. "As we continue to extend our brands, we're very excited to expand SPORTS ILLUSTRATED Swimsuit, which has been an incredible launching pad for a number of SI Swimsuit models to build successful multi-million-dollar businesses. We're thrilled to work directly with our current models and emerging models to build new businesses," said Bruce Gersh, Senior Vice President, Strategy and Business Development, Time Inc.

  • 08

    Aug

TIME Time Inc.
$13.78

-0.425 (-2.99%)

03/20/17
SPHN
03/20/17
UPGRADE
SPHN
Equal Weight
Time Inc. upgraded to Equal Weight from Underweight at Stephens
04/28/17
WELS
04/28/17
DOWNGRADE
WELS
Market Perform
Time Inc. downgraded to Market Perform from Outperform at Wells Fargo
05/02/17
SBSH
05/02/17
UPGRADE
Target $65
SBSH
Buy
Meredith upgraded to Buy from Neutral at Citi
Citi analyst Jason Bazinet upgraded Meredith (MDP) to Buy with the stock down 10% since Time Inc. (TIME) terminated the sale talks. The analyst believes both companies can come back to the negotiating table. He sees $3 of share downside in Meredith if it remains a standalone firm, and $19 of upside in a deal with Time. Bazinet expects Meredith to offer $18 per share for Time, not $20. A deal at that price could push Meredith's shares to $77, the analyst tells investors in a research note. He raised his price target for Meredith to $65 from $58.
06/15/17
MACQ
06/15/17
DOWNGRADE
Target $15
MACQ
Neutral
Time Inc. downgraded to Neutral from Outperform at Macquarie
Macquarie analyst Tim Nollen downgraded Time Inc to Neutral with a $15 price target saying print circulation declines are accelerating and digital growth has not made up the difference.

TODAY'S FREE FLY STORIES

NUVA

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SNP

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SHLX

Shell Midstream

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UNH

UnitedHealth

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  • 16

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AVXS

AveXis

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  • 17

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OZRK

Bank of the Ozarks

$52.23

-0.24 (-0.46%)

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WP

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0.66 (0.85%)

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BAC

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0.05 (0.16%)

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Goldman Sachs

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BAC

Bank of America

$31.24

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$258.46

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FAST

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C

Citi

$77.11

0.27 (0.35%)

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O

Realty Income

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NGD

New Gold

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NGD

New Gold

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New Gold

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PYPL

PayPal

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CE

Celanese

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RIG

Transocean

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WMT

Walmart

$100.69

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CME

CME Group

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  • 18

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CE

Celanese

$109.67

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  • 26

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SRC

Spirit Realty

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NTNX

Nutanix

$36.01

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  • 16

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JUNO

Juno Therapeutics

$45.60

-3.15 (-6.46%)

, CELG

Celgene

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JUNO

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$45.60

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CELG

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NEWA

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VRS

Verso

$17.00

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EXEL

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IPSEY

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RNST

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IBKR

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CSX

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F

Ford

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NRZ

New Residential

$17.63

-0.11 (-0.62%)

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  • 17

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EXEL

Exelixis

$29.65

-0.73 (-2.40%)

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