LEE - Lee Enterprises, Incorporated
3.20 +0.05 (1.59%)
After hours: 4:02PM EDT
| Previous Close | 3.20 |
| Open | 3.20 |
| Bid | 2.70 x 4000 |
| Ask | 3.20 x 4000 |
| Day's Range | 3.15 - 3.20 |
| 52 Week Range | 1.80 - 3.30 |
| Volume | 101,661 |
| Avg. Volume | 264,828 |
| Market Cap | 182.527M |
| Beta | 2.14 |
| PE Ratio (TTM) | 3.80 |
| EPS (TTM) | 0.84 |
| Earnings Date | Aug 3, 2017 - Aug 7, 2017 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2008-08-28 |
| 1y Target Est | 4.00 |
- American City Business Journals•5 days ago
‘The spiraling down of the daily newspaper’: Circulation declines, layoffs continue
Newspaper industry employment continues to fall, following the continuing drop in print advertising revenue.
- ACCESSWIRE•18 days ago
Blog Exposure - Berkshire Hathaway Ropes in Lee Enterprises to Manage BH Media's Newspapers and Digital Operations in 30 Markets
LONDON, UK / ACCESSWIRE / June 28, 2018 / If you want access to our free research report on Lee Enterprises, Inc. (NYSE: LEE), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=LEE as the Company's latest news hit the wire. On June 26, 2018, the Company announced that it has signed an agreement with BH Media Group, Inc. to manage Berkshire Hathaway Inc. (NYSE: BRK-A, BRK-B)'s newspapers and digital operations in 30 markets. BH Media is a Company owned by billionaire investor Warren Buffett's Berkshire Hathaway.
- American City Business Journals•19 days ago
Owner of Triad's largest daily newspapers cedes management to Iowa chain
Lee Enterprises Inc. said Tuesday it would manage Berkshire Hathaway's newspaper and digital operations in 30 markets, beginning July 2.
- ACCESSWIRE•19 days ago
Today’s Research Reports on Stocks to Watch: Lending Tree and Lee Enterprises
NEW YORK, NY / ACCESSWIRE / June 27, 2018 / LendingTree closed down over 8% on Tuesday despite any catalyst. Earlier this month the company completed its acquisition of credit service provider Ovation Credit Services. Shares of Lee Enterprises were gaining steam after announcing that it has been hired by Warren Buffett's Berkshire Hathaway to manage its newspapers.
- The Wall Street Journal•20 days ago
[$$] Lee Enterprises in Pact to Manage Berkshire Hathaway Newspapers
News publisher Lee Enterprises Inc. said Tuesday it will manage dozens of daily and weekly newspapers owned by Warren Buffett’s Berkshire Hathaway Inc. beginning July 2. Davenport, Iowa-based Lee, which owns newspapers and other print products in 21 states, said it will implement revenue strategies consistent with how it manages its own operations. Berkshire will continue to own the newspapers, which are currently held in a unit called BH Media Group Inc.
- Associated Press•20 days ago
Lee Enterprises to manage Berkshire Hathaway newspapers
Warren Buffett's company has hired Lee Enterprises to manage the mostly smaller newspapers it has acquired since 2011 in 30 different markets. Lee said Tuesday it expects to collect $50 million in fees from the five-year agreement that should help BH Media Group's newspapers reduce costs. "In addition to the primary benefit of deploying Lee's successful strategies at BH Media, this alliance provides a significant expansion of operating scale, adding 30 markets to our own 49," Lee President Kevin Mowbray said.
- TheStreet.com•20 days ago
Thanks, Warren Buffett: Lee Enterprises Will Manage BH Media Group
Is Berkshire Hathaway smart or behind the times? will be passing the reins of its BH Media Group to Lee Enterprises Inc. The company will still own the the media conglomerate, but Lee will be in charge of management.
- InvestorPlace•20 days ago
Lee Enterprises Stock Skyrockets on Berkshire Hathaway Deal
Lee Enterprises (NYSE:LEE) stock was flying high on Tuesday on news of a deal with Berkshire Hathaway (NYSE:BRK.A,BRK.B).Source: Shutterstock
- American City Business Journals•20 days ago
Post-Dispatch parent to manage Berkshire Hathaway's newspapers
Lee Enterprises Inc. said Tuesday it would manage Berkshire Hathaway's newspaper and digital operations in 30 markets, beginning July 2.
- Bloomberg•20 days ago
Warren Buffett Chooses New Path for Newspapers After Lamenting Decline
Warren Buffett’s Berkshire Hathaway Inc. struck a deal for Lee Enterprises Inc. to manage its newspapers in 30 markets as the billionaire seeks a way to grapple with falling revenue in the media industry. Berkshire will pay Lee to manage the papers and work to transform the businesses in exchange for an annual fee of $5 million plus a percentage of profits above benchmarks over five years, Lee said Tuesday in a statement. Terry Kroeger is stepping down as chief executive officer of BH Media Group, which controls some of Berkshire’s papers, according to the Omaha World-Herald, one of the companies included in the deal.
Reuters•20 days agoBuffett taps Lee Enterprises to manage many Berkshire newspapers
Berkshire will continue to own BH Media Group, which has 30 daily newspapers including its hometown Omaha World-Herald in Nebraska and 47 weekly newspapers, and retain editorial control. Berkshire had invested in Lee in the past. "I love our newspapers and am passionate about the vital role they serve in our communities," Buffett said in a statement.
Reuters•20 days agoBuffett taps Lee Enterprises to manage many Berkshire newspapers
Berkshire will continue to own BH Media Group, which has 30 daily newspapers including its hometown Omaha World-Herald in Nebraska and 47 weekly newspapers, and retain editorial control. Berkshire had invested in Lee in the past. "I love our newspapers and am passionate about the vital role they serve in our communities," Buffett said in a statement.
- CNBC•20 days ago
Warren Buffett loves his newspapers, he just wants someone else to manage them for him
Lee Enterprises said Berkshire Hathaway hired it to run its newspaper and digital operations in 30 markets starting next week.
- Benzinga•20 days ago
Benzinga Pro's 5 Stocks To Watch Today
Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user ! Achieve Life Sciences Inc (NASDAQ: ACHV ) stock was ...
- The Wall Street Journal•20 days ago
Stocks to Watch: GE, Applied Materials, Intel, Wells Fargo, Bank of America, Amazon, Berkshire, Exxon
Among the companies with shares expected to trade actively in Tuesday's session are General Electric, Applied Materials, Intel, Wells Fargo, Bank of America and Amazon.com.
- MarketWatch•20 days ago
UPDATE: Lee Enterprises rockets 56% premarket on news it will manage Berkshire's newspapers
Lee Enterprises Inc. shares surged 56% in premarket trade Tuesday, after the company said it is teaming up with BH Media Group Inc. to manage Berkshire Hathaway Inc.'s newspaper and digital operations in 30 markets, effective July 2. Under the terms of the deal, Berkshire will remain owner of BH Media, but Lee will be able to implement revenue initiatives and other strategies that are in line with how it manages its own papers. Davenport, Iowa-based Lee has nearly 300 weekly and specialty publications serving 49 markets in 21 states.
- GlobeNewswire•20 days ago
Lee Enterprises will manage Berkshire Hathaway Newspaper and Digital Operations in 30 Markets
Lee Enterprises, Incorporated (LEE), has joined with BH Media Group, Inc, in an agreement for Lee to manage Berkshire Hathaway’s newspaper and digital operations in 30 markets, beginning July 2, 2018. The agreement provides Lee with flexibility to implement revenue initiatives and business transformation consistent with how it manages its own newspaper and digital operations in 49 markets, while Berkshire Hathaway continues as owner of BH Media.
- PR Newswire•21 days ago
TownNews.com and Blackbird Expand Together Across the U.S.
Forbidden Technologies plc has announced that TownNews.com has significantly expanded its partnership with Blackbird in the U.S. market. Blackbird Forte will be used extensively by one of TownNews.com's major partners to deliver news content across multiple platforms to towns and cities in 11 states across the U.S. At the heart of the integration is Blackbird, believed by the Board to be the only codec specifically designed for manipulating video in the cloud. Forbidden has agreed a significant six-digit two-year deal with TownNews.com for the licensing of Blackbird for use in this media broadcast infrastructure.
- American City Business Journals•28 days ago
Post-Dispatch lays off 5 newsroom employees
A spokeswoman, Tracy Rouch, would not name the affected workers, but people familiar with the matter said the cuts included four reporters and one photographer.
- GlobeNewswire•last month
Ronald Mayo announces plans to leave Lee Enterprises
Ronald A. Mayo, Vice President, Chief Financial Officer and Treasurer of Lee Enterprises, Incorporated (LEE), has announced he is resigning and returning to Denver, Colorado, for family considerations. Mr. Mayo, who has been on medical leave since April, said: “Since joining Lee in 2015, I have been commuting between Davenport and Denver. Kevin Mowbray, Lee president and chief executive officer, said: “Ron has been a key member of our executive team, overseeing finance, I.T., production and investor relations.
- Thomson Reuters StreetEvents•last month
Edited Transcript of LEE earnings conference call or presentation 3-May-18 2:00pm GMT
Q2 2018 Lee Enterprises Inc Earnings Call
- Fortune•2 months ago
These U.S. Media Sites Have Gone Dark in Europe as New GDPR Rules Kick In
The General Data Protection Regulation is causing some initial headaches.
- CNBC•2 months ago
US media websites down in Europe after a huge data law shakeup
Websites of the Los Angeles Times, Chicago Tribune and others owned by Tronc were among those blocked to EU visitors.
- ACCESSWIRE•2 months ago
Blog Exposure - Gannett to Acquire WordStream for $130 million in Cash
LONDON, UK / ACCESSWIRE / May 14, 2018 / If you want access to our free research report on Gannett Co., Inc. (NYSE: GCI), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=GCI as the Company's latest news hit the wire. On May 10, 2018, the Company announced that it has inked a deal to acquire WordStream, Inc., a provider of cloud-based software-as-a-service (SaaS) solutions, for approximately $130 million in cash plus up to $20 million payable in 2019 and 2020 based on achieving certain revenue targets. Active-Investors.com is currently working on the research report for Lee Enterprises, Incorporated (NYSE: LEE), which also belongs to the Services sector as the Company Gannett.
- GlobeNewswire•2 months ago
Lee Enterprises reports second quarter results
DAVENPORT, Iowa, May 03, 2018-- Lee Enterprises, Incorporated, a major provider of local news, information and advertising in 49 markets, today reported earnings of $2.5 million for its second fiscal quarter ...
