|Bid||17.10 x 800|
|Ask||24.00 x 800|
|Day's Range||16.78 - 17.23|
|52 Week Range||12.98 - 24.74|
|PE Ratio (TTM)||2.29|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||21.00|
CHICAGO, Aug. 10, 2018-- Chicago Tribune returns to Soldier Field to kickoff the 2018-19 football season with the ultimate Fantasy Draft event.. In partnership with the 670 The Score, and RotoWire, the ...
To the extent Tronc (NASDAQ:TRNC) can be handicapped, the analyst community did a pretty good job of figuring out how well the newspaper company did during the second quarter of the year. TRNC stock was off a bit in after-hours trading following the post-close release of last quarter’s results, but not by much. Of course, the fiscal figures are not just a moving target for the company, which is buying and selling properties at a pretty quick clip.
Tronc Inc. (trnc) shares slipped in the extended session Thursday following a run-up fueled by reports of a possible buyout after the media company reported quarterly results. Tronc shares slipped 0.5% after hours, following a 1.9% rise to close at $16.96 in the regular session. Shares have been on a rally since Wednesday after a report that a buyer was interested in Tronc followed up by another report on Thursday identifying the suitor as investment firm Donerail Group.
CHICAGO, Aug. 09, 2018-- tronc, Inc. today announced financial results for the second quarter ended July 1, 2018.. Second Quarter 2018 and Year-to-Date Highlights:. Second quarter 2018 total revenues were ...
If the talks lead to a deal, Tronc would become the latest U.S. newspaper publisher to fall in the hands of a private equity firm or a hedge fund, as regional papers struggle with declining circulation amid the proliferation of online media. Donerail Group has secured financing for the deal and is in advanced negotiations with Tronc, the sources said, cautioning that a deal is not imminent and there is no certainty an agreement will be reached.
Tronc Inc. shares (trnc) surged Thursday following a report that identified the private-equity group considering an acquisition of the media company. Tronc shares touched an intraday high of $18.65, and were last up 5.7% at $17.58. On Thursday, Reuters reported that investment firm Donerail Group had secured financing for the deal and was in advanced negotiations with Tronc.
Newspaper publisher Tronc Inc. — which has reportedly realized it should have stuck with the Tribune Publishing name — spiked late Wednesday amid reports it's entertaining a bid from a private equity firm. Tronc, the owner of the Chicago Tribune, was spun off from TV-station owner Tribune Media Co. in 2014.
An offer of between $19 and $20 per Tronc share is on the table, the report http://www.chicagotribune.com/business/ct-biz-tronc-newspapers-offer-20180808-story.html said, citing sources close to the company, adding that at least one other private equity bid for Tronc may be in the works. Tronc had a market value of about $521 million as of Tuesday, according to Thomson Reuters data. Tronc declined to comment when contacted by Reuters.
MARKET PULSE Tronc Inc. (trnc) shares rallied Wednesday following a report that the media company may be considering an offer to sell off the Chicago Tribune and its other newspaper assets. Tronc shares jumped 14% to $16.
shares jumped on Wednesday afternoon following reports that the publisher is considering an offer from a buyout group for the Chicago Tribune and the rest of its newspaper holdings. Tronc shares, which were briefly halted for volatility, were up nearly 15 per cent to $16.91 at pixel time after the Chicago Tribune reported that its parent Tronc, was considering an offer of between $19 and $20 per share and a total offer that could add up to more than $700m from a private equity group.
ABOUT CHICAGO TRIBUNE FOOD BOWL FOOD BOWL celebrates the chefs, restaurants, mixologists, innovators, entrepreneurs, critics and connoisseurs who put Chicago at the forefront of the nation’ s food and ...
CHICAGO, July 31, 2018-- tronc, Inc. will report its financial results for the second quarter ended July 1, 2018 on Thursday, August 9, 2018 after the market closes. The announcement will be followed by ...
There are around 38 million shares of Tronc, which would boost the total bid to around $1 billion. Most recently, Tronc has made headlines after it acquired the New York Daily News for $1 in cash plus the assumption of liabilities and then laid off half of the newsroom. The company owns other publications such as Chicago Tribune, Baltimore Sun, Orlando Sentinel and Fort Lauderdale's Sun-Sentinel.
Chicago Cubs’ Anthony Rizzo and the Chicago Tribune today launched “Cancer Can’t Compete,” a new campaign to inspire Chicago area families battling cancer and raise funds for cancer research. In partnership with Mariano’s and the University of Chicago Medicine, the initiative will spotlight Chicago area patients and families who are fighting cancer and share the reality of their battles in stories run by the Chicago Tribune.
The New York Daily News is cutting half of its newsroom staff. The move comes as the Tronc Inc. (NASDAQ: TRNC) publication bolsters digital newsinvolving "crime, civil justice and public responsibility." Revenue and print circulation have been sliding at the newspaper for years, even under the ownership of Chicago-based media company Tronc, which acquired it last year. The layoffs, first reported by The Associated Press, come at a chaotic time for Tronc (NASDAQ: TRNC).
ANNAPOLIS, Md. (AP) — In a June 28 story about an attack at a newspaper in Annapolis, The Associated Press erroneously reported that the suspect arrested in the shooting had mutilated his fingers in an apparent attempt to make it harder for police to identify him. That report was based on initial information given to law enforcement authorities, which has since been corrected. While the suspect was identified using facial recognition technology, his fingers were not mutilated.
Tronc Inc., the newly slimmed-down newspaper publisher, could get even slimmer. After completing the sale of the Los Angeles Times to billionaire Patrick Soon-Shiong, the Chicago-based company must now decide whether to forge ahead in the news business without its crown jewel or unload more -- perhaps even all -- of its other newspapers. While the $500 million sale helped Tronc repay debt, it left the company without an asset that had contributed about a third of its sales in a struggling industry.
CHICAGO, June 29, 2018-- tronc, Inc. today announced The Capital Gazette Families Fund-established to provide immediate relief and long-term recovery support to those individuals affected by the tragedy ...
CHICAGO, June 29, 2018-- tronc, Inc. today released the following statement regarding the shooting on Thursday in Annapolis, Maryland. “Our hearts are forever broken. Gerald, Rob, Wendi, John and Rebecca ...
At least five people were killed and several more injured when a gunman opened fire Thursday afternoon in a shooting deliberately targetting the offices of the Capital Gazette newspaper in Annapolis, Md. A report on the paper's web site identified the suspect as Jarrod W. Ramos, a 38-year-old Laurel, Md. man, citing law enforcement sources familiar with the investigation. "This was a targeted attack on the Capital Gazette," Anne Arundel County Deputy Police Chief William Krampf said, according to the report on the paper's web site.
CHICAGO, June 28, 2018-- tronc, Inc. today released the following statement regarding the shooting in Annapolis, Maryland.. “We are deeply saddened today by the attack in our Capital-Gazette newsroom. ...
At least five were killed and several others "gravely injured" during a shooting at the offices of the Capital Gazette newspaper in Annapolis, Maryland, law enforcement officials said Thursday. Anne Arundel County Executive Steve Schuh told reporters at a briefing following the shooting that a suspect was in custody and was being interrogated. "We don't have all the information yet, and we can't give all the information yet, because this is an active crime scene and investigation," Maryland Gov. Larry Hogan said.