ThinkstockGannett Co. Inc. (NYSE: GCI) reported second-quarter 2013 results before markets opened this morning. The media company posted adjusted diluted earnings per share (EPS) of $0.58 on revenues of $1.3 billion. In…
Paul Ausick July 19, 2013: U.S. equity markets opened lower this morning following earnings reports from some major tech companies after markets closed last night. The Detroit municipal bankruptcy, though expected, weighed on sentiment…
ThinkstockToday’s announced acquisition of Local TV Holdings and its 19 TV stations by The Tribune Company follows a script mapped out earlier this year by other TV station owners like Sinclair Broadcasting…
thinkstockThe owner of the Los Angeles Times, the Chicago Tribune and other major daily newspapers is spending about $2.73 billion to acquire 19 TV stations in 16 markets. The Tribune Company already…
U.S. equity markets opened lower this morning, but gathered steam following encouraging reports on new claims for jobless benefits (down) and retail sales (up). There was little economic data from either Europe…
thinkstockToday’s announcement that Gannett Company Inc. (NYSE: GCI) would pay $1.5 billion in cash and assume more than $700 million debt to acquire Belo Corp. (NYSE: BLC) comes about two months after…
ThinkstockMedia firm Gannett Company Inc. (NYSE: GCI) this morning signed a definitive merger agreement with TV station owner Belo Corp. (NYSE: BLC) to acquire all the outstanding shares of Belo for $13.75…
ThinkstockGannett Co. Inc. (NYSE: GCI) often is considered to be one of the down-and-out old-media players. So when you see an analyst upgrade the stock, it tends to stand out from your…
Jon C. Ogg On Wednesday night came the 13FÂ filing from Berkshire Hathaway Inc. (NYSE: BRK-A) showing the latest and greatest stock holdings of Warren Buffett and the investing team there. We noted that there was…
White House Photo by Pete SouzaBerkshire Hathaway Inc. (NYSE: BRK-A) and Warren Buffett released the conglomerate’s stock holdings as of March 31, 2013. This 13F filing with the SEC shows that the…
ThinkstockAs of last September, the daily newspaper with the highest average circulation was The Wall Street Journal, with a combined print and digital circulation of 2.29 million. USA Today claimed 1.71 million…
Jon OggInvestors frequently get to see the analyst upgrades and Buy ratings from Wall St. firms. They often do not get to see when analyst downgrade stocks to sell or to avoid.…
U.S. equity markets opened higher this morning despite low flash PMI readings from the eurozone. Germany’s manufacturing PMI reading was especially notable, falling to 47.9 from 49, and the country’s services PMI…
U.S. equity markets opened higher this morning, but struggled to stay in positive territory for most of the morning. There was little economic data released today. In Asia, Hong Kong’s consumer price…
ThinkstockThe conventional wisdom is that old media online content gets trumped every time by new media properties, at least when it comes to ad revenue. This does not have to be the…
