This blog is mainly about the spectacular train wreck at The Sacramento Bee and its parent company, the McClatchy Company. But I also post about current events, the Iraq and Afghanistan wars, politics, anything else that grabs my attention. Take a look around this blog, hope you enjoy it.
Tuesday, July 7, 2009
McClatchy shares down 4 percent Tuesday
McClatchy (MNI) shares fell 4 percent Tuesday, closing at 45 cents per share. The Dow was down about 2 percent on the day. . . .
8 comments:
H.Michael Sarkisian
said...
The Bee is a leader in the industry. Aleader in loss of value!
I finally had enough myself and cancelled our subscription after 60 years of enduring one-sided reportage and even worse - the double standards exhibited by the editorial staff.
Closing price was .44 for 6.38%. Don't know why people forget about the closing period.
Don't blame you a bit Mr Sarkisian. We had at least one subscription for my entire life and it finally just became so ridiculously slanted that we couldn't justify paying for the privilege of collecting it off the drive and throwing it in the bin.
Of course it would be different were I a fisherman.
New York Times stock closed just under $5 a share, which looks damn good compared to McClatchy. Look at this way, what else can you buy these days for 44 cents?
8 comments:
The Bee is a leader in the industry. Aleader in loss of value!
I finally had enough myself and cancelled our subscription after 60 years of enduring one-sided reportage and even worse - the double standards exhibited by the editorial staff.
I stopped taking my free copy from work to, those darn liberals.
now i get my news from fair and balanced sources, such as McClatchy watch
Lucky for anon. I have read 6 different newspapers a day to get a balance!
Closing price was .44 for 6.38%. Don't know why people forget about the closing period.
Don't blame you a bit Mr Sarkisian. We had at least one subscription for my entire life and it finally just became so ridiculously slanted that we couldn't justify paying for the privilege of collecting it off the drive and throwing it in the bin.
Of course it would be different were I a fisherman.
I only get it because I get parking half off.
Of course with the coupons in it, it would pay for itself anyways. 6 of 7 days end up in the recycle bin still in the wrapper.
Wow...how long can this company survive?
New York Times stock closed just under $5 a share, which looks damn good compared to McClatchy. Look at this way, what else can you buy these days for 44 cents?
Look at this way, what else can you buy these days for 44 cents?
Certainly not one of their crappy newspapers.
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