JRC

In the current credit environment, there are several fairly big companies that could get in enough trouble that it would wipe out the common shareholders. The ones in the financial industry like...
GENESCO (GCO) Broken buy-out. Down to $29.04 from 52-week high of $54.15. Unisys (UIS) No new news. Old line computer maker working on transformation to services. Down to $5.13 from 52-week high of...
Gannett (GCI) is the largest newspaper chain in the US and its prized property, USA Today, is the largest paper by total circulation. It is a bad sign then that such a large company has asked 9% of...
Newspaper chain Gatehouse (GHS) has been down as much as 15% today on poor earnings and a downgrade from "buy" to "neutral" at Goldman Sachs (GS). And, this may just be the...
Bankatlantic (BBX) Real estate loans lead to loss. Falls to $4.05 from 52-week high of $14. Moneygram (MGI) Two recent analyst downgrades. Drops to $14.42 from 52-week high of $35.18. Journal...
EW Scripps Co. (NYSE:SSP) is following the media trend of separating its operations into more pure play media sectors.  The good news here is that the valuable interactive unit will no longer...
Major newspaper groups will report their September revenues within the next several days. The market does not seem to be anticipating much in terms of good news. The New York Times (NYT) is trading...
Sisyphus kept moving that rock up the hill and it kept coming back at him. Newspaper executives must feel that way. John Morton, a long-time analyst of the industry made the point in the American...
Just a year ago, it would have been unthinkable that a major newspaper chain could miss its debt payments, But, that has now become a possibility at two of the larger public companies in the...
GM (GM) cut advertising 28% in the first half of the year. The FT writes that Nielsen Monitor reports "overall spending in the first half of the year fell by 0.5 per cent with the biggest...
Now that results for the first half of the year are out, 24/7 Wall St. is revisiting its feature on companies that management cannot fix. These firms have lost the ability to be turned around no...
If a company has to operate in a declining business, it might as well make it worthwhile to shareholders. Gannett (GCI) increased its dividend 29% today, to $.40 per quarter. Gannett already has an...
Some newspaper companies simply have too much debt now. Journal Register (JRC) is an example. And, The Tribune Company (TRB) may be joining the list. Accoding to Bloomberg, trading in credit-default...
Journal Register (JRC) announced its Q2 earnings today. They were ugly and Wall St. punished the company by pushing it to a 52-week low of $3.68. The company missed consensus earnings estimates by...
Beazer Homes (BZH) No surprise here. Down to $22.50 from 52-week high of $48.60. KB Home (KBH) Down to $37.44 from 52-week high of $56.08. Journal Register (JRC) Another victim of newspaper woes....