*Nike falls after results, Tiffany rises. Geopolitical issues remained in focus after President Vladimir Putin signed laws completing Russia's annexation of Crimea and investors took fright at a U.S. decision to slap sanctions on his inner circle.
March 21- Media General Inc said it would buy LIN Media LLC for $1.6 billion to create a broadcaster reaching nearly a quarter of U.S. households with a television. Media General Chairman Stewart Bryan said the deal would create the second-largest pure-play U.S.
*Nike shares fall in premarket after outlook. NEW YORK, March 21- U.S. stock index futures pointed to a slightly higher open on Friday, with major indexes on track for a week of strong gains, though geopolitical concerns remained in view as the tenuous situation in Ukraine continued.
March 21- Media General Inc said it would buy Lin Media LLC for $1.6 billion to create what it described as the largest and most diversified TV broadcaster in the United States. Lin shareholders will get $27.82 per share in stock and cash. The offer represents a 29.5 percent premium to Lin's closing price on Thursday.
Some of the names on the move ahead of the open.
Warren Buffett's Berkshire Hathaway has eliminated almost all of its stakes in Johnson & Johnson and General Electric.
Among the earnings stories for Wednesday, Oct. 17, from The Associated Press:. _ Medical device maker St. Jude Medical Inc. reported third-quarter earnings that beat expectations, though company shares slumped as the executives warned that the company could receive a regulatory warning over a California manufacturing plant.
RICHMOND, Va.-- Television and digital media company Media General Inc. said Wednesday that its third-quarter net loss widened because of higher expenses, but revenue grew sharply thanks to an increase in political advertising and the Olympics. Media General owns 18 broadcast TV stations, including NBC and CBS network affiliates.
*Canaccord Genuity cuts Meg Energy Corp price target to C $55 from. *Canaccord Genuity cuts Baytex Energy Corp price target to C $56 from. Reuters Station users, click. 1568.
Oct 9- Meg Energy Corp:. *Bmo raises Meg Energy Corp price target to C $52 from C $48. Reuters Station users, click. 1568.
TV broadcaster Media General has signed an agreement to sell the Tampa Tribune, which will complete the company's planned sale of its newspaper assets. --We are raising our corporate credit rating on Media General to' B-' from' CCC+'. Rating Action On Oct. 8, 2012, Standard& Poor's Ratings Services raised its rating on Richmond, Va.- based Media General Inc..
Oct 8- Media General Inc exited its nearly two-centuries-old newspaper business by selling the Tampa Tribune, and raised its revenue forecast for political advertising on its TV stations due to stronger-than-anticipated demand in key election battlegrounds.
Oct 8- Media General Inc said it has sold its last newspaper, the Tampa Tribune, and raised its full-year revenue forecast for political advertising on its TV stations due to stronger-than-anticipated demand in key election battlegrounds.
TAMPA, Fla.-- A private equity investment group has bought The Tampa Tribune newspaper from Media General Inc. for $9.5 million, the newspaper reported Monday.
*Barclays raises Anadarko Petroleum Corp price target to $85 from $84;. rating overweight* Barclays cuts Apache Corp price target to $116 from $117; rating overweight. *Barclays raises Devon Energy Corp price target to $67 from $66;.