-
TEGNA Q3 Earnings Beat Estimates, CEO Touts Share Buyback Milestone Despite Revenue Dip
Tuesday, November 7, 2023 - 1:09pm | 503TEGNA Inc. (NYSE: TGNA) reported third-quarter revenue of $713.24 million, beating the street view of $717.94 million. Revenue slumped 11% Y/Y primarily due to the reduction of political revenue from the mid-term election cycle last year. The company reported adjusted...
-
USA Today Parent Company Faces Backlash With Dedicated Taylor Swift, Beyonce Reporter Roles: 'They've Been Downsizing Newsrooms For Years, But Of Course...'
Tuesday, September 19, 2023 - 2:27am | 532Gannett-owned USA Today and The Tennessean‘s new openings for two journalists to solely cover music superstars Taylor Swift and Beyonce has created a heated debate about media priorities, IBTimes reported Despite laying off 6% of its news division in December and a...
-
Benzinga's Bulls & Bears Of The Week: Apple, Facebook, Nike, Tesla And More
Sunday, July 8, 2018 - 7:13pm | 848Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included the iPhone maker and one of the big banks. Bearish calls included a leading newspaper publisher and a sportswear giant. The broader markets saw modest gains to start off the second half of...
-
Tribune Publishing Rejected Gannett's Acquisition Offer, Highlights 'Clearly Inadequate' $15/Share Price
Monday, May 23, 2016 - 9:56am | 289Tribune Publishing Co (NYSE: TPUB) announced Monday morning that it has officially rejected a pending acquisition from Gannett Co Inc (NYSE: GCI). Gannett offered to acquire Tribune Publishing for $12.25 per share in late April, but revised its bid higher to $15 per share in mid-May. Tribune...
-
Barron's Recap: The Question Of Silicon Valley Profits
Sunday, June 28, 2015 - 1:13pm | 815This weekend in Barron's online: how tech giants inflate earnings, the world's most respected companies, as well as the prospects for Gannett, ClubCorp, Legg Mason, Boeing, Greece and more. Cover Story "Silicon Valley Profit Caper" by Andrew Bary. This week's Barron's cover story asks why no one...
-
5 Spinoffs 'Ripe' For Takeover
Tuesday, April 7, 2015 - 12:25pm | 618In a report issued by The Edge Consulting Group, analysts Jim Osman and Sanjiv Thakur look into five spinoff candidates they say are "ripe for takeover." ADT ADT Corp (NYSE: ADT) was spun off Tyco International plc (NYSE: TYC) about 30 months ago. Since then, it has built a leading...
-
5 Recent Big Media Spinoffs
Monday, August 11, 2014 - 11:19am | 826Gannett’s (NYSE: GCI) announcement last Tuesday that it planned to spin off its print business, including USA Today, into a separate company was only the latest of several recent media spinoffs. Here's a look at how the deal stacks up against the others. The Debt Question Gannett...
-
Barron's Recap: IBM's Vision
Sunday, June 1, 2014 - 7:39pm | 920This weekend in Barron's online: how IBM's CEO may save the company, as well as the prospects for Gannett, Columbia Banking System, AmTrust, Cedar Fair and more. Cover Story "Reinventing Big Blue" by Leslie P. Norton. While the naysayers are ganging up on IBM (NYSE: IBM) CEO Ginni Rometty,...
-
Earnings Expectations For The Week Of April 21: Apple, Facebook, GM And More
Sunday, April 20, 2014 - 11:14am | 975The earnings crunch is underway. Highlights this week include scheduled quarterly reports from Amazon.com, Apple, Facebook, Netflix and Starbucks, which are all expected to post earnings growth, as well as from Ford, McDonald's and Microsoft, for which earnings declines are forecast. Here is a...
-
Earnings Expectations For The Week Of February 3: GM, Twitter, Disney And More
Monday, February 3, 2014 - 7:42am | 989January, with its five percent correction, is behind us, and earnings continue to roll out this week, whether or not the groundhog saw his shadow. Highlights will include quarterly results from General Motors (NYSE: GM), Merck (NYSE: MRK), Philip Morris (NYSE: PM) and Walt Disney (NYSE: DIS),...
-
Earnings Expectations For The Week Of October 21: The Crunch Is On
Sunday, October 20, 2013 - 12:33pm | 1387Lots of quarterly reports are on deck this week, to go along with all the delayed economic data expected to be released. Analysts and investors should have plenty to mull over. Earnings highlights will include reports from AT&T, McDonald's, Microsoft and Netflix, which are all expected to post...
-
Earnings Expectations for the Week of July 22 (AAPL, GM, MCD, NFLX)
Monday, July 22, 2013 - 7:29am | 1274The earnings crunch continues this week. Reports are due from the likes of Apple (NASDAQ: AAPL), Caterpillar (NYSE: CAT) and General Motors (NYSE: GM), which are expected to say their earnings were lower than a year ago. On the other hand, Amazon.com (NASDAQ: AMZN), Facebook (NASDAQ: FB), Ford (...
-
Is American Eagle Ripe for Takeover?
Thursday, March 7, 2013 - 12:01pm | 455According to CNBC, yes. The improving economy is opening the pockets of companies and PE firms looking to deploy cash. Apparel retailer, American Eagle (NYSE: AEO) is on the short list of possible targets, M&A watchers say. Citigroup analyst, Scott Chronert, says rising valuations, a stable...
-
Earnings Expectations for the Week of February 4
Sunday, February 3, 2013 - 5:13pm | 1026The S&P ended last week above 1,500 and the Dow Jones Industrial Average above 14,000. Some strong earnings reports could push the markets higher, and there are plenty of quarterly reports on the schedule this week. Analysts by and large expect to see year-over-year earnings per share (EPS)...
-
Barron's Recap (12/15/12): Outlook for 2013
Saturday, December 15, 2012 - 2:47pm | 854This weekend in Barron's online: the outlook for 2013 and the prospects for Johnson & Johnson, Hudson Bay, Tronox and South Korea. Cover Story "Outlook 2013" by Vito J. Racanelli. Ten strategists recently polled by Barron's expect more gains ahead next year. Even if no fiscal cliff deal is...