Warren Buffett Tries To Save The Newspaper Business
It is no secret that the newspaper business has not been a good sector over the last decade. Subscriptions declined about as fast as the number of smokers did in ...Read Full Story »
Posts related to ‘LEE’
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24/7 Wall St. Closing Bell (AAPL, FSLR, VLO, TIF, C, CMA, GS, JNJ, MMR, GWW, YHOO, SYK, STX, URI, SRSL, ENOC, LEE)
Markets opened higher this morning and by late-morning equities were trading down about 1.5% across the board, where they have mostly remained for the rest of the day. An upbeat ...Read Full Story »
24/7 Wall St. Closing Bell (NFLX, PAAS, HAL, HD, KORS, APD, BHI, CLWR, APD, BHI, CLWR, EMC, WDC, CSX, ZION, AAPL, BLRX, LEE, BONT, IDCC, ACHN)
All three major equity indexes opened lower this morning and while all have tracked back to last night’s close, only the Nasdaq Composite has managed to wobble to a small ...Read Full Story »
Media Digest (12/13/2011) Reuters, WSJ, NYTimes, Bloomberg
Congress, close to a budget agreement, may avoid a government shutdown. (Reuters) Washington Mutual shareholders and creditors set a deal that could allow an exit from bankruptcy. (Reuters) The policy ...Read Full Story »
The Month’s Biggest Index Gainers : Broadcast TV, Newspapers and Magazines, and Real Estate Development
There were strong gains in three Tickerspy indexes over the most recent 30-day period. This month's biggest gainers are in broadcast TV, newspaper and magazines, and in real estate development. Broadcast TV stocks are ...Read Full Story »
Rating the Top 25 Newspaper Websites 2009
The struggle for large urban newspapers to stay in business has largely been an effort on the part of their managements to increase revenue on the Internet faster than it ...Read Full Story »
Ten Major Newspapers That Will Fold Or Go Digital, An Update
Over the last few weeks, the newspaper industry has entered a new period of decline. The parent of the papers in Philadelphia declared bankruptcy as did the Journal Register chain. ...Read Full Story »
Gannett (GCI) Says USA Today Revenue May Drop 35%
The downturn in newspaper ad revenue has gone from awful to extraordinary. Gannett (GCI) told analysts that sales at its flagship USA Today paper could be down as much as ...Read Full Story »
Short Sellings Move Back Into Financials, Target Industrials, Tech, And Media
Short sellers think financial stocks believe that financial stocks still have further to fall. Based on data as of February 15, short sellers kept a big bet on Citigroup (C). ...Read Full Story »
The 52-Week Low Club (ZLC)(TRP)(LEE)
Zale Corporation (ZLC) Loss and withdraws annual forecast. Drops to $5.15 from 52-week high of $30.89.Rio Tinto (RTP) BHP withdraws takeover bid. Falls to $93.42 from 52-week high of $558.65.Lee ...Read Full Story »
Another Blow To Newspaper Stocks (GHS)(MNI)(GCI)(NYT)
The newspaper industry was hit with another downgrade today, astonishing because almost all of the stocks in the sector are at 52-week lows.Wachovia cut its ratings on several chains including ...Read Full Story »
The 52-Week Low Club (ABK)(VSE)(LEE)(NOK)(SNCR)
AMBAC (ABK) Brutal sell-off in some financials. S&P cuts some securities covered by the insurer. Down to $1.74 from 52-week high of $89.33.Verasun Energy (VSE) Corn up, ethanol stocks down. ...Read Full Story »
The 24/7 Wall St. Bankruptcy Odds Watch (AMR)(UAUA)(NWA)(GHS)(DAL)(LHS)(LEH)(CAL)(WB)(F)(MNI)(AIG)
There are the 24/7 Wall St. odds that several companies will have to file for Chapter 11 between now and the end of the year. These will become a permanent ...Read Full Story »
The 52-Week Low Club (AAI, HRZ, IAR, LEE, NTGR, PAY, UCBH, VDSI)
Despite the recovery we have seen, many stocks are still hitting 52-week lows. Some of the names this Friday were as follows, just keep in mind that not all of ...Read Full Story »
Another Downgrade For The New York Times
Shares of The New York Times Company (NYT) are off as much as 2.5% today to a 52-week low on another analyst downgrade. Merrill Lynch cut the shares to "sell" ...Read Full Story »
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