M&As, Website Upgrades, Championships, and New Appointments - Research Report on Pearson, The New York Times, Scripps, Thomson Reuters, and Meredith
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NEW YORK, June 7, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting Pearson PLC (NYSE: PSO), The New York Times Company (NYSE: NYT), The E.W. Scripps Company (NYSE: SSP), Thomson Reuters Corporation (NYSE: TRI), and Meredith Corporation (NYSE: MDP). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Pearson PLC Research Report
On June 3, 2013, Pearson PLC (Pearson) and Bertelsmann announced that MOFCOM, the Chinese competition authority, has cleared the planned merger between Penguin and Random House without any conditions. This follows regulatory approval in the US, Europe, Australia, New Zealand, Canada and South Africa. The two companies jointly announced their agreement to combine Penguin and Random House in October 2012, and expect to close the transaction in July 2013. Once the transaction is completed, Bertelsmann will own 53% and Pearson will own 47% of Penguin Random House. This will encompass all of Random House and Penguin Group's publishing units in the US, Canada, the UK, Australia, New Zealand, India and South Africa, as well as Penguin's operations in China and Random House's publishers in Spain and Latin America. Full Research Report on Pearson PLC - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/e204_PSO]
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The New York Times Company Research Report
On May 30, 2013, The New York Times Company (The Times) re-launched its mobile website, the first step in The Times' strategy towards delivering responsive designs across its digital platform. Amongst others, the relaunch included a cleaner, more engaging design; improved performance and load time; a touch-friendly user-experience; design and layout updates for major news events; cross-platform article save for users to save and access articles on the Mobile Web and across the New York Times products and services they use; streamlined navigation; the ability to post comments; and enhanced advertising capabilities. The relaunch marks the first mobile Web refresh since it launched in 2006, and will be the first time when iPhone users will be prompted to view content on the mobile website. Denise Warren, EVP, Digital Products and Services Group, The New York Times, said, "When we launched our mobile Web site in 2006, we designed it for the dominant click-devices in the marketplace at the time. This relaunch optimizes our mobile site for the latest generation of devices, so New York Times readers can easily consume, share and navigate our breadth of content when using a mobile browser on their smart phone." The Full Research Report on The New York Times - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/a097_NYT]
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The E.W. Scripps Company Research Report
On May 31, 2013, the E. W. Scripps Company (Scripps) named Arvind Mahankali, a 13-year-old speller from Bayside Hills, N.Y., as the 2013 Scripps National Spelling Bee champion. Arvind won the championship after correctly spelling the word "knaidel," which is defined as "a dumpling," in the 16th round of the contest. Rich Boehne, Scripps Chairman, President and CEO, commented, "Congratulations to Arvind, who captivated the world by mastering some of the most difficult words in the English language and thrilled us all in becoming the 2013 national champion. The Scripps National Spelling Bee is truly a national treasure and we take great pride in seeing these young leaders rise to the occasion. They are rewarded for their dedication and commitment to improving their spelling and language. Those skills will last them far beyond this academic contest." The Full Research Report on The E.W. Scripps Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/559a_SSP]
Thomson Reuters Corporation Research Report
On May 29, 2013, Thomson Reuters Corporation (Thomson Reuters) announced that Andrew Rashbass, the Current Group Chief Executive of The Economist Group, will be joining the Company to lead the news and media business of Thomson Reuters. Commenting on Rashbass' appointment, Thomson Reuters CEO, James C. Smith, said, "He brings to us a rare blend of commercial acumen, sensitivity to the best traditions of quality journalism and editorial integrity. And has a proven ability to build and lead great global business teams." Mr. Rashbass will join the Company in summer of 2013 in the newly established role of Chief Executive of Reuters and will be based in London. The Full Research Report on Thomson Reuters Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/6148_TRI]
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Meredith Corporation Research Report
On May 14, 2013, Meredith Corporation (Meredith) announced that it has acquired Parenting and Babytalk magazines and their related digital assets from The Bonnier Corporation. As per the agreement, subscribers of Parenting will receive Parent magazine effective with the September issue. Similarly, readers of Babytalk will receive American Baby magazine effective with the September issue. The companion digital site, http://www.Parenting.com, will operate as a part of the Parents network of digital media. The financial terms of the acquisition were not disclosed and will not have a material effect on the Company's financial performance. The Full Research Report on Meredith Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:[http://www.wsreports.com/r/full_research_report/8fc1_MDP]
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SOURCE Wall Street Reports
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