|Bid||6.32 x 1800|
|Ask||6.34 x 3200|
|Day's Range||6.34 - 6.67|
|52 Week Range||6.34 - 14.11|
|Beta (3Y Monthly)||1.15|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 31, 2019|
|Forward Dividend & Yield||1.52 (22.75%)|
|1y Target Est||11.00|
NEW YORK , Nov. 14, 2019 /PRNewswire/ -- RadNet Inc. (NASD: RDNT) will replace Gannett Co. Inc. (NYSE: GCI) in the S&P SmallCap 600 effective prior to the open of trading on Wednesday, November 20 . S&P ...
Shareholders in separate votes approved the plan for GateHouse to buy Gannett in a $1.2 billion stock and cash deal, following a promise by management to quickly find a way to cut spending by $300 million.
Shareholders of Gannett Co. Inc. (NYSE: GCI) signed off on a roughly $1.2 billion proposal for the McLean company to be acquired by the parent company of rival GateHouse Media on Thursday in a deal that will combine two of the nation’s largest newspaper companies. Gannett and New Media Investment Group Inc. (NYSE: NEWM) reached an agreement on a cash-and-stock deal Aug. 5. New Media shareholders approved the deal at a separate meeting Thursday.
New Media Investment Group Inc. (“New Media”) (NEWM) and Gannett Co., Inc. (“Gannett”) (GCI) jointly announced that at their respective special shareholder meetings held today, New Media and Gannett stockholders approved all of the proposals necessary to complete the previously announced acquisition of Gannett by New Media for a combination of cash and stock (the “Merger”). “We appreciate the support we have received from New Media and Gannett shareholders for the Merger,” said Michael Reed, Chairman and Chief Executive Officer of New Media.
In an interview with the Business Journal, the founder of Omega Advisors Inc. said that the current stock price for New Media Investments Group (NYSE: NEWM), which owns GateHouse, is lower than expected for a company with similar earnings, suggesting that investors believe the revenue projections under the combined company are too rosy.
NEW YORK-- -- Total Revenues of $376.6 million Operating loss of $1.9 million As Adjusted EBITDA of $45.1 million* Free Cash Flow of $32.2 million* Revenue, As Adjusted EBITDA and Free Cash Flow negatively impacted by approximately $1.5 million in loss from Hurricane Dorian Previously declared third quarter dividend of $0.38 The announced acquisition of Gannett Co., Inc. has received the required regulatory ...
We can judge whether New Media Investment Group Inc (NYSE:NEWM) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into […]
New Media Investment Group Inc. and Gannett Co., Inc. announced today the expected members of the Board of Directors for the combined company , effective upon completion of the proposed acquisition of Gannett by New Media.
New Media Investment Group Inc. (“New Media” or the “Company”) (NEWM) announced today that the European Commission has provided regulatory clearance under the EU Merger Regulation for the transactions contemplated by the previously announced definitive agreement, dated August 5, 2019, pursuant to which New Media will acquire Gannett Co., Inc. (“Gannett”) (GCI) for a combination of cash and stock (the “Merger”). The Merger is expected to close shortly following the New Media and Gannett special stockholder meetings, which are currently scheduled for November 14, 2019.
New Media Investment Group Inc. (“New Media” or the “Company”, NYSE: NEWM) announced today that its Board of Directors declared a third quarter 2019 cash dividend of $0.38 per share of common stock. New Media also announced today that it will release its third quarter financial results on Thursday, October 31, 2019, prior to the opening of the New York Stock Exchange. A copy of the earnings release will be posted to the Investor Relations section of New Media’s website, www.newmediainv.com.
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
New Media Investment Group Inc. (“New Media” or the “Company”) (NEWM) announced today that it has set a date for the special meeting of its shareholders to, among other things, consider and vote on a proposal to approve the transactions contemplated by the previously announced definitive agreement, dated August 5, 2019, pursuant to which New Media will acquire Gannett Co., Inc. (“Gannett”) (GCI) for a combination of cash and stock (the “Merger”). The board of directors of New Media set September 26, 2019 as the record date for its special meeting.
Newspaper giant Gatehouse Media's parent company New Media Investment Group. sank Thursday despite word that Justice Department antitrust regulators have cleared its $1.4 billion purchase of USA Today owner Gannett .
Billionaire hedge-fund investor Leon Cooperman thinks the 10-year-old great bull stock market is far from over, which to him means there is plenty of upside left. Quite simply, bull markets don’t end when stocks reach fair valuations, which is the case today, the CEO of Omega Advisors said.
PHILADELPHIA, PA / ACCESSWIRE / September 5, 2019 / Kaskela Law LLC announces that it is investigating New Media Investment Group Inc. (“New Media”) (NYSE:NEWM) of behalf of the company’s shareholders. ...
CEO of New Media Investment Group Inc (30-Year Financial, Insider Trades) Michael Reed (insider trades) bought 250,000 shares of NEWM on 08/30/2019 at an average price of $8.78 a share. Continue reading...