The McClatchy Company (NYSE:MNI)

McClatchy and Tribune Could Merge, Hundreds of Jobs at Risk

The New York Post reports that there may be a marriage of two of America's largest newspapers chains. McClatchy Co. (NYSE: MNI) has retained a banker, the report says, in ...
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5 Most Important Things in Business Today

Uber has added a chief financial officer. According to The Wall Street Journal: Uber Technologies Inc. picked a finance chief who is well-versed in the IPO process, strengthening and stabilizing ...
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Newspaper Revenue May Have Dropped 10% in Q1

Several large newspaper chains have laid off employees in the past several months. Evidence suggests that higher newsprint prices are undermining margins as well. And a growing body of evidence ...
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More Signs Newspaper Business Is Faltering Quickly

The newspaper industry has too many newspapers and too many chains to look at it as a whole to determine its health. However, there is no question its health has ...
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New Threat to Free Press: Newsprint Prices

Newsprint prices may cripple already challenged newspaper company bottom lines. In the case of some papers, there is a struggle to stay open. As more fold or are forced to ...
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Newsprint Tariffs Will Cost Major Chains Tens Of Millions Of Dollars

The Tampa Bay Times laid off 50 people last week. Management blamed the action on tariffs levied against newsprint imported from Canada to the U.S. That bump in prices will ...
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Newsprint Price Increases Would Hammer Troubled Newspaper Industry

Due to plans to put tariffs on newsprint made in Canada, prices for a product at the heart of the newspaper industry could rise. One publisher wrote that his paper's ...
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McClatchy Shares Hit by Wave of Selling

McClatchy Co. (NYSE: MNI) shares have been hit by another wave of selling. So far this year, its stock down 46% to $7.09, as well as off 60% in the ...
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Newspaper Companies Take Pounding From Wall Street

In the past five trading days, many of America's largest publicly traded newspaper companies have been under siege on Wall Street. Shares of McClatchy Co. (NYSE: MNI) are off 22% ...
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More Cost Cuts Likely For Newspaper Industry–Moody’s

The traditional newspaper business in the U.S. will continue its decline, according to Moody's Investor Services. One of the few points of relief will be the ability to cut costs. ...
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Tronc Licenses Washington Post Publishing Platform

The Tronc Inc. (NASDAQ: TRNC) transformation from a print and digital publishing company to one that is much more digital than print assumes it will use state of the art ...
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Which Big Media Properties Could Tronc and Gannett Buy?

Gannett Co. Inc. (NYSE: GCI) had trouble in an unsuccessful attempt to buy Tronc Inc. (NASDAQ: TRNC), another newspaper chain formerly called Tribune Publishing. Fresh off the M&A battle between ...
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Tronc Might Buy Us Weekly — The Street

The Street is reporting that Tronc Inc. (NASDAQ: TRNC), the former Tribune Company, may buy celebrity magazine Us Weekly from Wenner Media, the flagship of which is Rolling Stone. The ...
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The 22 Newspapers That Matter Most to Wall Street

The national newspaper industry is dominated by three papers: The New York Times, USA Today and The Wall Street Journal, from New York Times Co., (NYSE: NYT), Gannett Co. Inc. (NYSE: ...
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Newspapers

Papers Other Than NY Times and Wall Street Journal May Not Survive: Buffett

Warren Buffett, whose Berkshire Hathaway Inc. (NYSE: BRK-B) owns several newspapers, including his hometown Omaha World-Herald, made a particularly pessimistic comment about the newspaper industry. He told CNBC that the only ...
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