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Gannett in Neutral Lane - Analyst Blog
Thursday, December 16, 2010 - 9:03am | 617With the improvement in the economic environment, the buzz about advertisers returning to the market is gaining ground. Gannett Co. Inc. (GCI), the diversified media conglomerate, is expected to benefit from positive trends that are emerging in both print and digital advertising with advertisers...
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Gannett in Neutral Lane - Analyst Blog
Thursday, December 16, 2010 - 8:15am | 617With the improvement in the economic environment, the buzz about advertisers returning to the market is gaining ground. Gannett Co. Inc. (GCI), the diversified media conglomerate, is expected to benefit from positive trends that are emerging in both print and digital advertising with advertisers...
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Scholastic Earns $2.19 Per Share (SCHL)
Thursday, December 16, 2010 - 7:32am | 281New York City-based Scholastic Corporation (Nasdaq: SCHL) released financial results on Thursday morning. Scholastic Corporation announced that its 2nd quarter net income rose to $74.9 million, or $2.17 per share, up from $55.5 million, or $1.52 per share, a year earlier. The company reported...
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Scholastic Reports 2011 Second Quarter EPS of $2.19
Thursday, December 16, 2010 - 7:29am | 76Scholastic Corporation (Nasdaq: SCHL) today reported results for the fiscal 2011 second quarter ended November 30, 2010. Revenue for the second quarter was $675.7 million, up 2% from $660.1 million a year ago. Earnings per diluted share from continuing operations were $2.19 versus $1.54 in the...
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Earnings Scheduled For December 16 (ACN, FDX, ATU, ORCL, RIMM, GIS, BRLI, SHLO, MCS, RAD, ZQK, SCHL)
Thursday, December 16, 2010 - 4:10am | 310Accenture plc (NYSE: ACN) is expected to report its FQ1 EPS at $0.75 on revenue of $5.73 billion. FedEx Corporation (NYSE: FDX) is likely to report its Q2 earnings at $1.31 per share on revenue of $9.70 billion. Actuant Corporation (NYSE: ATU) is projected to post its Q1 EPS at $0.34 on revenue of...
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Scholastic Corporation Increases Dividend by 33% to $.10
Wednesday, December 15, 2010 - 4:38pm | 80Scholastic Corporation (Nasdaq: SCHL) announced that its Board of Directors today approved a 33% increase in its regular quarterly dividend, to $0.10 per share from $0.075 per share, on the Company's Class A and Common Stock, commencing with the dividend declared for the third quarter of fiscal...
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Morningstar Reports U.S. Mutual Fund and ETF Asset Flows Through November 2010
Wednesday, December 15, 2010 - 1:41pm | 156Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund asset flows through November(...)Read the rest of Morningstar Reports U.S. Mutual Fund and ETF Asset Flows Through November 2010 Copyright...
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Valassis Sees 2011 EPS of $2.76
Wednesday, December 15, 2010 - 8:37am | 117Valassis (NYSE: VCI) today provided financial guidance for 2011, expecting full-year diluted earnings per share (EPS) of $2.76 and a revenue increase in the mid-single digits from 2010. "We expect diluted cash EPS* of $3.71 and adjusted EBITDA* of approximately $355.0 million for 2011. We believe...
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Morningstar Reports Mutual Fund and ETF Asset Flows Through November 2010
Tuesday, December 14, 2010 - 3:44pm | 95Morningstar, Inc. (Nasdaq: MORN) today reported estimated U.S. mutual fund and exchange-traded fund asset flows through November 2010. After contributing $26.8 billion to long-term mutual funds in October, investors added just $2.7 billion in November. While the pattern of outflows for U.S. stock...
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Platts to Acquire BENTEK Energy
Tuesday, December 14, 2010 - 1:08pm | 69Platts, a division of The McGraw-Hill Companies, Inc. (NYSE: MHP), today announced an agreement to acquire BENTEK Energy, LLC, a privately held energy market analytics company headquartered in Evergreen, Colorado. The purchase price was not disclosed. The acquisition is expected to be completed in...
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Valassis Communications Surging (VCI)
Tuesday, December 14, 2010 - 12:46pm | 69Valassis Communications, Inc. (NYSE: VCI) is surging after the company announced it will issue guidance tomorrow. The company announced today that it will host a conference call Dec. 15, 2010, at 11am ET to discuss its 2011 guidance. Valassis' 2011 guidance press release will be published before...
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New York Times in Neutral Lane - Analyst Blog
Tuesday, December 14, 2010 - 9:00am | 448The New York Times Company (NYT), the diversified media conglomerate, is witnessing improving trends in print advertising. The company now expects the rate of fall in print advertising revenue to decelerate to 4% in fourth-quarter 2010 from 5.8% in the third quarter. The publisher of The New...
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New York Times in Neutral Lane - Analyst Blog
Tuesday, December 14, 2010 - 8:45am | 448The New York Times Company (NYT), the diversified media conglomerate, is witnessing improving trends in print advertising. The company now expects the rate of fall in print advertising revenue to decelerate to 4% in fourth-quarter 2010 from 5.8% in the third quarter. The publisher of The New...
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Journal Communications Sells IPC Print Services Business to Walsworth Publishing Company
Monday, December 13, 2010 - 4:13pm | 43Journal Communications, Inc. (NYSE: JRN) today announced the sale of its IPC Print Services business to Marceline, Missouri-based Walsworth Publishing Company effective at the end of the day. Terms of the transaction were not disclosed.
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Stock Market News for Dec 13, 2010 - Market News
Monday, December 13, 2010 - 9:33am | 1049On Friday, the markets ended slightly higher on positive economic data and better-than-expected rise in consumer sentiment. However, the markets' upward movement was subdued somewhat due to investors' cautious attitude towards European debt crisis, tensions between the two Korean nations and...