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Opinion on  The McClatchy Company (MNI)     Sector: Services  >  Industry: Printing & Publishing
Bearish on MNI ...

Jul 04, 2008 06:47 AM GMT
Foto
Return Risk
-24.55% HIGH
Principal

The McClatchy Company operates as a newspaper company in the United States. Its newspapers include The Miami Herald, The Sacramento Bee, the Fort Worth Star-Telegram, The Kansas City Star, The Charlotte Observer, and The (Raleigh) News & Observer. As of December 31, 2007, the company owned 30 daily newspapers and approximately 50 non dailies located in 29 markets. In addition, it has a network of Internet assets, including local Web sites in each of its daily newspaper markets offering users information, news, advertising, e-commerce, and other services. The company also owns and operates McClatchy Interactive, an interactive operation that provides Web sites with content, publishing tools, hosting services, and software development. In addition, it owns 14.4% of CareerBuilder, an online job site; 25.6% of Classified Ventures, a newspaper industry partnership that offers classified Web sites; cars.com, an auto Web site; and apartments.com, a rental site. The McClatchy Company was founded in 1860 and is headquartered in Sacramento, California. Analysts' Recommendation: Sell 30 Days Ago: Hold Analysts' Target: $5 Analysts' Targets Deutsche Bank Securities $5 Neutral Tuesday, July 01, 2008 Lehman Brothers $5 Underweight Monday, March 31, 2008 MNI Market Data Currency US Dollars Share Price $5.47 Change Today -$0.13 52 Week High $28.30 52 Week Low $5.65 Volume 762,204 Beta 1.01 RiskGrade 300 What The Brokers Say Strong Buy 1 Buy 0 Neutral 3 Sell 1 Strong Sell 5 Total 10 sell Trades for 03-Jul-2008 Time Volume / Share Price 13:00 8 @ $5.47 13:00 29 @ $5.47 12:59 1 @ $5.47 12:59 1 @ $5.46 12:59 1 @ $5.46


MNI:  This call was made on 07/04/08 @ $5.56
Rating:   Negative   $5.56 (07/04/08)
Closed:   07/07/2008 @ $5.56 (+0.00% in 3 days)


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Marian Filo previously rated MNI
Negative +46.94% Bearish on MNI ...
07/07/2008
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