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Stock Market & Financial Investment News

News Breaks
March 26, 2013
09:47 EDTGCI, MNICareerBuilder acquires VON
CareerBuilder, owned by Gannett (GCI), McClatchy (MNI) and Tribune, has acquired VON in Vietnam. Together, CareerBuilder and VON will bring Vietnam's employers and workers a broader range of recruitment and job search resources.
News For GCI;MNI From The Last 14 Days
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July 29, 2015
08:44 EDTGCIGannett sees 2H15 capex $50M-$55M
Sees 2H15 pension contributions of $6M-$8M as well as depreciation and amortization of roughly $54M.
08:43 EDTGCIGannett reports Q2 EPS 46c, two estimates 51c
Reports Q2 revenue $727.1M, two estimates $753M.
July 28, 2015
17:05 EDTGCIGannett declares dividend, approves share buyback program
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July 24, 2015
09:03 EDTMNIMcClatchy sees FY15 digital-only advertising revenue to grow in double digits
Due to the continued pull back of large advertisers in some direct marketing products, management now expects direct marketing revenues to be about flat with 2014, while audience revenues are expected to grow in the low single-digit range. Cash expenses are expected to decline in the mid single-digit range for all of 2015 reflecting the savings from its legacy cost reduction initiatives. Through these revenue and cost reduction efforts, cash flow is expected to flatten in the second half of 2015 on a year-over-year basis, reflecting an improving trend in operating cash flows in the third quarter and growth in the fourth quarter of 2015.
09:03 EDTMNIMcClatchy reports Q2 Audience revenue $90.8M
Digital-only subscribers grew to 75,500 in the second quarter of 2015 representing an increase of 28.6% from the second quarter of 2014, which helped contribute to the growth in digital audience revenues in the quarter. The monthly unique visitor count finished the quarter down 0.5% compared to the same quarter last year when monthly unique visitors were up 9.9%. Mobile users continue to grow and represented 52.3% of total monthly unique visitors in the quarter.
09:02 EDTMNIMcClatchy reports preliminary Q2 EPS 0c, consensus (3c)
Reports Q2 revenue $269.42M, consensus $267.80M. Reports Q2 advertising revenue $165.6M.

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