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Sector: Services > Industry: Printing & Publishing

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This Quarter's Sentiment:

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MNI: Bull or Bear?

Bearish on MNI ... MNI

62%

+0.00%
in 3 days
(closed on 07/07/08)

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 M...

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By Marian Filo (-24.55% risk: aggressive) 07/04/08

Comment

Cramer on BloggingStocks: Yesterday's technology, yesterday's news MNI

+62.18%
in 508 days

Filed under: Industry, Newspapers, Google (GOOG), Market matters, New York Times'A' (NYT), Tribune Co. (TRB), Gannett Co (GCI), Stocks to Sell, Cramer on BloggingStocks

TheStreet.com's Jim Cramer says massive debt at the newspapers means they no longer work as businesses.

Maybe newspapers don't work as businesses. The shocking 10% workforce reduction announced this week by McClatchy (Cramer's Take) (NYSE: MNI), formerly the best-run chain out there, is a reminder that all of these companies have borrowed too much money and don't generate the cash flow to make it work. McClatchy, with an 8%...

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By Jim Cramer (+1.32% risk: moderate) 06/18/08

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People Bullish on MNI

geogeo

Analyst

N/A

2 mos ago

cloclo1978

Analyst

N/A

3 mos ago

kaspace

Analyst

N/A

3 mos ago

Statistician

Analyst

N/A

11 mos ago

Art

Analyst

N/A

11 mos ago

People Bearish on MNI

kagemusha

Analyst

83%

about 1 year ago

hoobert

Analyst

84%

about 1 year ago

Marian Filo

Principal

62%

about 1 year ago

Jim Cramer

Tracked Blogger

42%

about 1 year ago

Graeme Smith

Sr. Associate

53%

about 1 year ago

... View All >

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StreetInsider.com on MNI

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