|Day Low/High||9.73 / 10.24|
|52 Wk Low/High||9.52 / 18.75|
While two Tronc directors engage in a power struggle for control of the newspaper publisher, jobs at legacy print publications plummet.
In an exchange of letters, Tronc squares off with its second-largest shareholder, Dr. Patrick Soon-Shiong of Nant Capital, disputing allegations of poor corporate governance.
Tronc's largest shareholder is concerned about the way the company is being governed.
Chairman Michael Ferro's decision to buy out Oaktree Capital sent the publisher's stock higher on Friday even as it begged the question whether other shareholders might want a similar deal.
Michael Ferro, chairman of the Los Angeles Times and Chicago Tribune publisher, moves to thwart a Soon-Shiong buyout of Tronc, as each amasses a quarter of all company shares.
The syndication of the Washington paper's digital publishing platform moves it beyond an 'experiment' as Michael Ferro's Tronc shifts its strategy.
Us Weekly was sold to American Media, publisher of National Enquirer, as Jann Wenner unwinds his company, six months after selling a 49% stake in Rolling Stone.
The publisher of the Chicago Tribune drops out at the last moment, leaving room for National Enquirer owner AMI to snatch the middle-market celebrity magazine for up to $100 million.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,200 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: HMSY, LPNT, MYOK, SSY, TRNC, ULTI Downgrades: AFH, ALOT, BXMT, RDI Initiations: None Read on to get TheStreet Quant Ratings' detailed report:
Tronc is close to purchasing Us Weekly from Wenner Media, according to a report by TheStreet's Ken Doctor.
For a projected $85 million acquisition price, the newspaper company would get digital revenue -- and credibility, the chairman believes.
The New York Post media reporter Claire Atkinson tweeted that the two media firms are currently in talks.
The famed value investor offers an ominous forecast for U.S. newspapers, predicting that only The New York Times and The Wall Street Journal are likely to survive the digital revolution.
U.S. stock futures turn mixed Wednesday after breaking records again in the previous session and ahead of minutes from the Federal Reserve's meeting earlier in February.
Investors will be watching a newly hawkish Federal Reserve in the coming week.
It's not all about ad sales for legacy print publishers, as a jump in subscribers at WSJ.com shows.
Peter Liguori will leave the television company after three years at the helm, an indication that it may choose to sell its superstation, WGN America.
Why investing in even the best company in a dying industry will kill your portfolio.
Insiders at Infinity Pharmaceuticals and Och-Ziff Capital Management Group -- among other companies -- have been scooping up shares of their own stock lately.
Needing cash, the WGN owner says it will sell Gracenote, its digital video, music and sports business, to Nielsen.
Weight Watchers and Gannett are among the beaten-down names that investors might consider.
The TV station owner and newspaper publisher, formerly combined under the Gannett name, seem to be adopting opposing strategies after their separation.
Donald Trump continues to berate 'the media,' further fueling a rebound in newspaper stocks.
The storied publisher has reportedly been fielding takeover offers, and one potential acquirer could be Meredith, which previously tried to buy Time Inc's titles back in 2013.
The New York Times and Donald Trump traded barbs recently amid debate over campaign coverage while shares of the publisher continue to enjoy a post-election bounce.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: AER, AIMC, ALLY, BKU, PH, VSH Downgrades: CRAY, HMSY, OPK, SOHO, SONS, TRNC, TSRI, UTSI Initiations: CTMX, DERM Read on to get TheStreet Quant Ratings' detailed report:
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