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2009-09-04 15:05:00

SACRAMENTO, Calif., Sept. 4 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) reported that it has been notified by the New York Stock Exchange (NYSE) that the company is now in compliance with the exchange's continued listing standards for share price. The NYSE notified the company on Feb. 4, 2009, that McClatchy's average share price over the previous 30 trading days was below the NYSE's quantitative listing standards. The standards required NYSE listed companies to maintain...

2009-07-06 12:03:00

SACRAMENTO, Calif., July 6 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) announced today that its second 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. The conference call will be held on Tuesday, July 21, 2009 at 11:00 a.m. Eastern, 8:00 a.m. Pacific time. McClatchy's earnings announcement will be released to newswire services before the market opens on July 21....

2009-07-02 15:45:00

SACRAMENTO, Calif., July 2 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) announced today that Lynn Dickerson, vice president, operations, will leave the company July 17. "We continue to restructure and transition to a new business model - one that requires us to be smaller and more efficient in every area of the organization. This includes our senior management and corporate offices," said Gary Pruitt, McClatchy's president and chief executive officer. "Lynn is a talented,...

2009-05-21 05:00:00

SACRAMENTO, Calif., May 21 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) announced that yesterday it entered into an amendment to its $1.150 billion bank credit facility which, among other things, allows it to use its revolving credit facility for up to $60 million to repurchase its 7.125% Notes due June 1, 2011 or its 4.625% Notes due November 1, 2014, subject to certain conditions. The cash may also be used in connection with a debt exchange offer so long as any new notes...

2009-04-17 16:00:00

SACRAMENTO, Calif., April 17 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) reported that on April 14, 2009, it was notified by the New York Stock Exchange (NYSE) that it is not in compliance with the exchange's continued listing standard for total market capitalization and shareholders' equity. NYSE continued listing standards applicable to the company include average market capitalization of no less than $75 million over a 30-trading-day period and stockholders' equity of no...

2009-04-06 13:14:00

SACRAMENTO, Calif., April 6 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) announced today that its first 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. The conference call will be held on Thursday, April 23, 2009 at noon Eastern, 9:00 a.m. Pacific time. McClatchy's earnings announcement will be released to newswire services before the market opens on April 23. The...

2009-03-09 14:37:45

U.S. newspaper publishing giant McClatchy Co. said Monday it would lay off 15 percent of its workforce in the face of declining revenues. The cut affects about 1,600 jobs, the publisher said. McClatchy said it would realize $30 million in operating cost savings from the cuts that are to begin at the end of the month. The headcount reductions will be achieved through severance programs, attrition and further consolidations, and outsourcing of some business functions, the company's...

2009-03-02 20:20:00

Reports additional loss from discontinued operations SACRAMENTO, Calif., March 2 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) today reported that it filed its Annual Report on Form 10-K for the year ended December 28, 2008 (the Report) with the Securities and Exchange Commission (SEC), which includes its final fourth quarter and full year 2008 results. The company's fourth quarter 2008 after-tax loss from continuing operations was unchanged from the previously reported $20.4...

2009-02-05 08:00:00

SACRAMENTO, Calif., Feb. 5 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) today reported a net loss from continuing operations in the fourth quarter of 2008 of $20.4 million, or 25 cents per share, including a pre-tax non-cash impairment charge of $59.6 million related to newspaper mastheads. Adjusted earnings from continuing operations(1) were $21.8 million, or 26 cents per share, in the fourth quarter of 2008 after excluding several unusual items discussed below. Total net...

2009-01-27 17:00:00

SACRAMENTO, Calif., Jan. 27 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) today declared a quarterly cash dividend of $.09 (nine cents) per share payable April 1, 2009 to stockholders of record at the close of business on March 11, 2009. McClatchy said it will suspend its quarterly dividend after paying the first quarter 2009 dividend for the foreseeable future in order to preserve cash for debt repayment. The first quarter 2009 dividend of nine cents per share is half the...


Word of the Day
ramage
  • Boughs or branches.
  • Warbling of birds in trees.
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