tag:blogger.com,1999:blog-4726844761468242273.post8622775926882017505..comments2023-10-07T05:29:20.923-07:00Comments on McClatchy Watch: Ariel Investments files Form 13G/A with the SEC (updated)Unknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-4726844761468242273.post-24501234532661563992009-09-11T12:28:18.624-07:002009-09-11T12:28:18.624-07:00The McClatchy Company (NYSE: MNI) announced today ...The McClatchy Company (NYSE: MNI) announced today that its third quarter earnings conference call will be accessible live to the media and general public via Internet webcast and through listen-only, dial-in conference lines.<br /><br /><br />Their earnings will once again be listen only meaning that they are going to pump the stock...again. Traders will try and take advantage of that and since the stock is so cheap, there is less downside to a gamble.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4726844761468242273.post-84018233056740674252009-09-11T10:51:38.308-07:002009-09-11T10:51:38.308-07:00McClatchy stock, meanwhile, is smoking hot, up to ...McClatchy stock, meanwhile, is smoking hot, up to $2.62. Lots of shares traded. What's up with that?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4726844761468242273.post-88322610587141106072009-09-11T10:12:12.572-07:002009-09-11T10:12:12.572-07:00Soooo, what does that mean in layman terms?
What ...Soooo, what does that mean in layman terms?<br /><br />What it means is that any investor owning a leveraged percentage of shares exceeding 5% of a company must file this declaration within 45 days of any given calender year. After the first year they must update this form with an amended filing hence 13 G/A. <br /><br />If at any time they decide to increase their holdings to over 10% of the company, they must file an additional amendment (/A) within 10 days after the end of the month that they purchased it. <br /><br />They are under the same reporting requirement if they decide to sell 5% or more in any given month, just as they did when they unloaded 7 million plus shares a few months ago. <br /><br />Material effect of this filing - None.<br /><br /> Ariel just has to fulfill the requirements to make it appear that they are a legitimate investment firm and not a political front group and money laundering operation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4726844761468242273.post-9489740516389655772009-09-11T08:55:27.452-07:002009-09-11T08:55:27.452-07:00If I understand correctly, Ariel Investments is ob...If I understand correctly, Ariel Investments is obligated to file Form 13G since they own more than 5% of MNI stock. <a href="http://moneycentral.msn.com/ownership?Symbol=MNI" rel="nofollow"> Click here to see the major institutional investors</a>.Kevin Gregoryhttps://www.blogger.com/profile/04694898785243338105noreply@blogger.comtag:blogger.com,1999:blog-4726844761468242273.post-16506903416018143322009-09-11T08:43:40.270-07:002009-09-11T08:43:40.270-07:00Soooo, what does that mean in layman terms?Soooo, what does that mean in layman terms?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4726844761468242273.post-90250271992322624832009-09-11T08:03:55.779-07:002009-09-11T08:03:55.779-07:00Schedule 13G must be filed within 45 days of the e...Schedule 13G must be filed within 45 days of the end of the calendar year in which the qualified institutional investor exceeds the 5% threshold. Going forward, amendments are required on an annual basis. Amendments are also required within 10 days after the end of a month in which beneficial ownership exceeds 10% or more and within 10 days after the end of a month when ownership increases or decreases by at least 5%.Anonymousnoreply@blogger.com