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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...

2009-01-13 11:45:00

SACRAMENTO, Calif., Jan. 13 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) announced today that its fourth quarter 2008 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, Feb. 5, 2009, at noon Eastern, 9 a.m. Pacific time. McClatchy's earnings announcement will be released to newswire services before the market opens on Feb....

2008-12-30 19:29:00

SACRAMENTO, Calif., Dec. 30 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) announced today that it has extended the closing date of its agreement to sell 10 acres of land adjacent to The Miami Herald in order to allow the buyer additional time to arrange financing in this difficult credit environment. The purchase price remains unchanged at $190 million -- $10 million of which McClatchy has already received in the form of a nonrefundable deposit. With the...

2008-12-15 08:00:00

SACRAMENTO, Calif., Dec. 15 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) today reported that consolidated revenues in November 2008 decreased 19.4% and advertising revenues were down 22.4% compared to revenues in November 2007. The Company noted that the declines in print advertising were partially offset by a 7.5% gain in online advertising revenues in November 2008 compared to November 2007. For the first eleven months of the year, total revenues declined 15.9% and...

2008-12-04 11:00:00

SACRAMENTO, Calif., Dec. 4 /PRNewswire-FirstCall/ -- Howard Weaver, the vice president of news at The McClatchy Company (NYSE: MNI) who twice led the Anchorage Daily News to Pulitzer Prize gold medals for public service, has announced his retirement at the end of the year. "Howard really has been a visionary executive, and we can't thank him enough for all his leadership and distinguished service," said Gary Pruitt, McClatchy chairman and chief executive officer. "Howard...


Word of the Day
glogg
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).
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