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Stock Market & Financial Investment News

News Breaks
November 9, 2012
13:17 EDTMNI, BLKBlackRock reports 12.18% passive stake in McClatchy
This is an amended filing.
News For MNI;BLK From The Last 14 Days
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August 3, 2015
08:43 EDTBLKBrookings Institute to hold a discussion
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July 27, 2015
19:18 EDTBLKBlackRock pursuing more private financing deals, Reuters says
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06:26 EDTBLKSymphony Communication eyes $1B funding round, WSJ reports
Symphony Communication Services, an instant-messaging software company backed by Wall Street firms including Goldman Sachs (GS), is eyeing an investment round that may value it at as much as $1B, the Wall Street Journal reports, citing people familiar with the matter. The startup is canvassing a range of possible new investors, including venture-capital funds and additional financial firms, the report says. Symphony also wants funds from its existing backers, including Goldman, Morgan Stanley (MS), JPMorgan Chase (JPM), and BlackRock (BLK), the report says. Reference Link
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.
07:33 EDTBLKSolar Power sells UK solar project to fund managed by BlackRock
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July 21, 2015
06:57 EDTBLKBlackRock wins license to raise funds in China, Reuters reports
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July 20, 2015
09:34 EDTBLKHalliburton sees significant runway for refrack in the future
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