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MNI Articles
The default rate on junk bonds in 2007 was well under 1%. Junk guru and finance professor Edward Altman says that number will move well above 4.6% this year. According to The Wall Street Journal...
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The news about the demise of newspapers is now at least two years old. Each month newspaper chains put out their advertising numbers and each month they are worse. The only real question about the...
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2007 has been a volatile year in the stock market, but there are many key technology CEO’s who just aren’t making a passing grade. a673b.bigscoots-temp.com has issued a brief list of some recognized CEO’s...
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Some of these stocks hit 52-week lows and recovered off of lows so they won’t have a low close. But these did all touch or breach the 52-week lows. At the end we also broke out retail stocks,...
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November was another horrible month for newspaper chain McClatchy (MNI). The company said that both consolidated advertising and total revenues in November 2007 decreased 9.2%. Real estate classified...
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It is no secret that the newspaper industry is in trouble and it might not be fair to only single out one individual CEO out of the whole industry. But Gary Pruitt of McClatchy (NYSE: MNI) is being...
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Looking around the wreckage of some of the big cap companies it is not hard to find a few CEOs who probably need to go back to business school. Wall St. would like to see them at Harvard so they...
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Cato Corp (CTR) Drop in Q3 numbers and poor guidance for Q4. Falls to $14.45 from 52-week high of $25.66. Mens Wearhouse (MW) Emperor has no cloths. Bad earnings. Drops to $33.62 from 52-week high of...
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The writing is on the wall now. Journal Register (JRC) is almost certainly worth less than its debt and market cap combined. The company’s debt stands at $642 million as of the end of the September...
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These aren’t the only analyst calls out there today, but these are the TOP 10 research notes that 24/7 Wall St. is looking at: Aon Corp. (AOC) raised to Buy at Goldman Sachs Aerovironment (AVAV)...
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As 24/7 Wall St. pointed out yesterday, financial matter are getting dire at newspaper chain McClatchy (MNI). October sales were off almost 10%. The stock hit a 52-week low of $14.07 on the news. The...
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Biogen Idec (BIIB) announced an alliance with Neurimmune Therapeutics to develop treatments for Alzheimer’s Disease.BJ’s Wholesale (BJ) $0.35 EPS vs $0.33 est.Blue Coat Systems (BCSI) $0.30 EPS...
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McClatchy (MNI), the large newspaper chain, reported dismal results for the month of Octobers. The company reported both consolidated advertising and total revenues in October 2007 decreased 9.9%.....
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Gannett (GCI) reported grim numbers for October, and debt-laden newspaper chain McClatchy (MNI) took it hard. Shares of the Sacramento-based newspaper chain hit a 52-week low of $15.07, down well...
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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...
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