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Piper Jaffray Reiterates Its OW Rating On MHP, MCO
Monday, March 7, 2011 - 8:23am | 109Piper Jaffray is reiterating its OW rating on The McGraw-Hill Companies, Inc. (NYSE: MHP) and Moody's Corp. (NYSE: MCO). “February debt issuance volumes remain solid, with 20%+ y/y gains in both the US and international markets based on preliminary data,” Piper Jaffray writes. “We remain bullish on...
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Corporate Responsibility Magazine Selects McGraw-Hill as a Top Corporate Citizen
Friday, March 4, 2011 - 12:56pm | 70The McGraw-Hill Companies (NYSE: MHP) today announced it has been recognized by Corporate Responsibility Magazine as one of the "100 Best Corporate Citizens" for the second consecutive year. The Corporation was among the top largest publicly traded companies based on its performance in a range of...
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NY Times Expenses to Rise, Pay Wall Nearly Ready
Wednesday, March 2, 2011 - 3:32pm | 107The New York Times Co (NYSE: NYT) forecast higher first-quarter expenses and said February print advertising revenue fell, though print ad trends are improving. It also said that its "pay wall" for the nytimes.com Web site is in its final testing phase and that it would launch shortly. The Times...
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The New York Times Magazine to Unveil Redesign March 6
Wednesday, March 2, 2011 - 10:47am | 53The New York Times Magazine (NYSE: NYT) will debut its redesign on Sunday, March 6, with an issue featuring new content and a new look under the direction of editor Hugo Lindgren. A preview of the newly designed magazine is available online at NYTimes.com/Magazine.
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The New York Times Company Updates its Outlook
Wednesday, March 2, 2011 - 8:36am | 175The New York Times Company (NYSE: NYT) today will discuss its business and strategy at the Morgan Stanley Technology, Media & Telecom Conference. “The improvement in print advertising trends that we began to see in late January continued into February, and we finished the month with print...
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JP Morgan Upgrades Valassis Communications To Overweight, PT At $35
Wednesday, March 2, 2011 - 7:24am | 25JP Morgan has upgraded Valassis Communications (NYSE: VCI) from Neutral to Overweight and maintains its $35 price target.
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Unappetizing Outlook For Jollibee Foods Corporation (JFC)
Tuesday, March 1, 2011 - 8:27pm | 686Most Filipino kids love the food, especially the Chicken Joy, at Jollibee. While the children in general love it, its owners, the shareholders, might not feel the same in the near future. Let me tell you why. Well, from a technical point of view, the shares of Jollibee Foods...
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The New York Times Company Completes Sale of UCompareHealthCare.com to MDx Medical
Monday, February 28, 2011 - 10:01am | 29The New York Times Company (NYSE: NYT) has sold its UCompareHealthCare.com unit to MDxMedical, Inc., parent company of Vitals.com.
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Scripps Reports Q4 EPS of $0.37 vs. $0.48
Thursday, February 24, 2011 - 7:40am | 113The E.W. Scripps Company (NYSE: SSP) reported operating results for the fourth quarter of 2010 that included significantly higher operating income, led by the strong performance of the television division. Consolidated revenues from continuing operations were $220 million, an increase of 12.1...
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The Washington Post Company Reports Q4 EPS of $9.42 vs. $8.72
Wednesday, February 23, 2011 - 8:33am | 114The Washington Post Company (NYSE: WPO) today reported net income available for common shares of $277.2 million ($31.04 per share) for the fiscal year ended January 2, 2011, up from net income available for common shares of $91.8 million ($9.78 per share) for the fiscal year ended January 3, 2010...
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The Washington Post Company Reports Q4 EPS of $9.42 vs. $8.72
Wednesday, February 23, 2011 - 8:33am | 114The Washington Post Company (NYSE: WPO) today reported net income available for common shares of $277.2 million ($31.04 per share) for the fiscal year ended January 2, 2011, up from net income available for common shares of $91.8 million ($9.78 per share) for the fiscal year ended January 3, 2010...
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Piper Jaffray Lowers Q1, FY11 Estimates On VCI
Tuesday, February 22, 2011 - 9:53am | 132Flowing through Q4's revenue underperformance and adjusting for management's flat y/y revenue direction in Q1, Piper Jaffray is reducing its Valassis Communications (NYSE: VCI) Q1 and FY11 revenue estimates from $562.4M and $2.469B, to $553.6M (+0.6% y/y) and $2.437B (+4.4% y/y), resp. “Our Q1 and...
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Gabelli Rates Scholastic Corp At Buy (SCHL)
Friday, February 18, 2011 - 9:31am | 135Gabelli & Co. rates shares of Scholastic Corp with a Buy rating (NASDAQ: SCHL). In a note to clients, Gabelli writes, "On Feb 11, 2011, we hosted a mgmt meeting at SCHL's New York headquarters. Discussions focused on intervention needs, new product development, funding, technology threats, and...
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Gilford Securities Reiterates Valassis Buy (VCI)
Thursday, February 17, 2011 - 3:24pm | 110Gilford Securities reiterated its Valassis Communications (NYSE: VCI) Buy in a research report published today. In the report, Gilford Securities states, "Stock sell-off after a “noisy” earnings seems overdone to us as VCI is likely to buyback $193MM and to boost its conservative ‘11E guidance at...
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J.P Morgan Maintains Neutral On Martha Stewart Living Omnimedia Following Earnings
Thursday, February 17, 2011 - 9:33am | 156J.P Morgan is maintaining its Neutral rating on Martha Stewart Living Omnimedia (NYSE: MSO) shares. In Q4,10, revenues fell 17% with EBITDA of $4.4MM. EPS of $0.07 compared with JPM's $0.09. Results were skewed by the wind-down of the Kmart contract and other 1-timers. But MSO exhibited modest...