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Earnings headlines took center stage during Thursday's pre-market trading. GameStop (NYSE:GME) and Rent the Runway (NASDAQ:RENT) both dropped on the release of their respective quarterly reports. On the other side of the spectrum, RH (NYSE:RH) advanced following its better-than-expected finan...
Lee Enterprises (NASDAQ:LEE) announces that its Board of Directors has unanimously rejected the unsolicited, nonbinding proposal of Alden Global Capital, LLC to purchase the Company for $24.00 per share in cash. "After careful consideration with its financial and legal advisors, Lee’s ...
Quarterly total operating revenue increase driven by 37% digital revenue growth Adjusted EBITDA (1) grew for the third consecutive quarter Digital-only subscribers grew 65% to over 400,000 Amplified revenue grew 71% in the quarter and totaled more than $41 million in 2021 DAVE...
Alden Not Entitled to Nominate Board Candidates for the 2022 Annual Meeting Lee Enterprises, Incorporated (NASDAQ: LEE) (“Lee” or the “Company”) announced that the notice submitted by Alden Global Capital, LLC (together with its affiliates, ȁ...
DAVENPORT, Iowa, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 77 markets, has scheduled an audio webcast and conference call for Thu...
CM, DG, DLTH, EH, EXPR, KIRK, KR, LE, LEE, MEI, SIG, TD, VERU For Seeking Alpha's full earnings season calendar, click here. For further details see: Notable earnings before Thursday's open
Lee Enterprises, Incorporated (NASDAQ: LEE) (“Lee” or the “Company”) today commented on the purported notice submitted by Alden Global Capital, LLC (together with its affiliates, “Alden”) seeking to nominate three candidates to stand for electio...
Alden Global nominated three directors for Lee Enterprises' (NASDAQ:LEE) board after the newspaper published rejected a $24/share offer from the hedge fund earlier this week. Alden cited Lee's decision to institute a poison pill this week as one of the reason's for the board nominations, acco...
Lee Enterprises is a local news provider in close to 77 markets across 26 states in the US. In my view, as management converts the company into a digital player, revenue would trend north to double digits. iIn the last five years, the free cash flow was close to $60-$78 million. W...
Lee Enterprises (NASDAQ:LEE), which owns newspapers such as the Winston-Salem Journal and the Richmond Times-Dispatch, said its board adopted a limited-duration shareholder rights plan after an unsolicited $24/share buyout offer from hedge fund Alden Global. Under the rights plan, LEE is...
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DAVENPORT, Iowa, July 18, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 73 markets, has scheduled an audio webcast and conference call for Thursday,...
DAVENPORT, Iowa, July 18, 2024 (GLOBE NEWSWIRE) -- Madeline McIntosh and Jon Miller, pioneering media executives with extensive accomplishments in digital technology, consumer marketing and business transformations, have joined the board of directors of Lee Enterprises, Incorporated (NASDAQ:LEE)....
2024-07-12 20:40:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...