Latest Graham Holdings Company (GHC) Headlines
Berkshire May Avoid $400 Million Tax Bill In Graham Holdings Swap
at The Street - Fri Mar 14, 9:36AM CDT
Warren Buffett may be breaking ground devising ways to avoid capital gains taxes on Berkshire's best investments.
Buffett Makes a Rare -- but Intelligent -- Exit
Alex Dumortier, CFA, The Motley Fool - Motley Fool - Wed Mar 12, 7:39PM CDT
U.S. stocks ended the day roughly unchanged on Tuesday, with the benchmark S&P 500 index up 0.03%, while the narrower Dow Jones Industrial Average fell 0.07%. Last month, I highlighted that Berkshire Hathaway was in discussions to...
Is Buffett's Graham Holdings Deal a Glimpse into Berkshire's Future?
at The Street - Wed Mar 12, 4:20PM CDT
Could Warren Buffett be testing a new dealmaking strategy in swapping his Graham Holdings stock for assets, cash and Berkshire shares.
Buffett trims ties to former Washington Post owner
AP - Wed Mar 12, 10:38AM CDT
WASHINGTON (AP) — Warren Buffett's company says it has agreed to acquire a Miami-based TV station from Graham Holdings Co. in exchange for most of its shares in the company that once owned The Washington Post.
Graham Holdings and Berkshire Hathaway Reach Agreement in Principle for Berkshire Hathaway to Acquire WPLG-TV
Business Wire - Wed Mar 12, 7:30AM CDT
Graham Holdings Company (NYSE: GHC) and Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) announced today that they have reached an agreement in principle for Berkshire to acquire a wholly-owned subsidiary of Graham Holdings Company, which will include WPLG, a Miami-based television station, a number of Berkshire shares currently held by Graham Holdings Company and an amount of cash, in exchange for approximately 1.6 million shares of Graham Holdings Class B common stock currently owned by Berkshire Hathaway. The specific number of shares of each company and the amount of cash will be determined on the closing date based on certain factors, including the market prices of the shares of both companies at that time. No binding agreement has yet been signed in connection with the transaction. The transaction is subject to agreement on definitive documentation, and will be subject to regulatory approvals and other customary conditions. In addition there will be certain termination rights relating to minimum trading prices of the stock of each company immediately prior to closing and to a minimum value of the television station for purposes of the transaction on the closing date.
Kaplan Test Prep Comments on U.S. News & World Report's Just Released 2015 Rankings of Graduate Schools, Business Schools, Law Schools and Medical Schools
Business Wire - Tue Mar 11, 11:30AM CDT
Kaplan Test Prep issued the following statement regarding how prospective students should view U.S. News & World Report's 2015 graduate school, business school, law school and medical school rankings, which were just released today:
Andrew S. Rosen Named Executive Vice President, Graham Holdings; Thomas C. Leppert Named Chief Executive Officer, Kaplan, Inc.
Business Wire - Tue Mar 11, 10:00AM CDT
Graham Holdings Company (NYSE:GHC) today announced that Andrew S. Rosen has been named executive vice president of the Company. He remains chairman of Kaplan, Inc. Thomas C. Leppert has been named chief executive officer of Kaplan, replacing Rosen. The changes take effect on April 1.
Robert Graham Announces Fragrance & Personal Care Licensing Agreement With Batallure Beauty
PR Newswire - Tue Mar 11, 6:00AM CDT
Today, Robert Graham Holdings, LLC and Batallure Beauty, LLC entered into an exclusive worldwide license agreement for the creation, development, and distribution of fragrances and personal care products under the Robert Graham name.
Why McClatchy Company (MNI) Is Soaring on Monday
at The Street - Mon Mar 10, 1:30PM CDT
The McClatchy Company (MNI), which owns regional media properties such as The Charlotte Observer and The Sacramento Bee, is soaring on reports the consortium it belongs to, Classified Ventures, has put online property Cars.com up for sale.
Dividends, Earnings Results, Stock Movements, Upcoming Conferences, and Board Elections - Analyst Notes on Gannett, Thomson Reuters, Meredith, Graham Holdings, and The New York Times
PR Newswire - Thu Mar 06, 10:30AM CST
Editor Note: For more information about this release, please scroll to bottom.
Graham Holdings Expects to Receive Cash Distribution from Classified Ventures' Sale of Apartments.com
Business Wire - Mon Mar 03, 7:49AM CST
Graham Holdings Company (NYSE:GHC) said today that it anticipates a cash distribution as a result of an agreement by Classified Ventures, LLC (CV) to sell Apartments.com for $585 million to CoStar Group, Inc. CV expects the transaction to close in the second quarter of 2014.
Classified Ventures Announces Agreement to Sell Apartments.com Business to CoStar Group
PR Newswire - Mon Mar 03, 6:48AM CST
Classified Ventures, LLC ("CV"), a leading provider of digital marketing solutions in the automotive and apartment rental categories, announced today that it has entered into an agreement to sell its Apartments.com business for $585 million in cash to CoStar Group, Inc., a leading provider of commercial real estate research and information services. The sale follows a September 2013 announcement that the Company and its Board of Directors would explore strategic alternatives for Apartments.com. CV was advised by Moelis & Company and Skadden, Arps, Slate, Meagher & Flom. The transaction is expected to close in the second quarter of 2014.
ESC Region 12 Partners with Kaplan to Support College and Career Readiness for High School and Middle School Students
Business Wire - Thu Feb 27, 7:30AM CST
To help schools prepare students for college and/or the workforce, Education Service Center (ESC) Region 12, a nonprofit service organization that provides professional development and program support to school personnel, has partnered with Kaplan K12 Learning Services, a leading provider of skill building solutions for academic success and college readiness. This goal becomes increasingly important as Texas adjusts to a new landscape with the implementation of House Bill 5 (HB 5). HB 5 is shifting how schools prepare young people for college and careers through a diversified curriculum.
Kaplan Test Prep Introduces the First GMAT Course eBook for Kindle Fire Tablets and Kindle Reading Apps via Whispercast
Business Wire - Tue Feb 25, 11:40AM CST
Kaplan Test Prep has collaborated with Amazon to bring its GMAT course book directly to students enrolled in Kaplan courses using the cross-platform Kindle reading apps and Kindle Fire tablets--making it the first Kindle-compatible Kaplan GMAT course available for aspiring business school students. Kaplan GMAT students will have the ability to study across multiple devices--Kindle Fire and Android tablets, iPads, PCs and Macs--and take advantage of features such as note taking, highlighting, tracking progress, word look up, searching and syncing across Kindle reading apps and Kindle Fire tablets. The digital offering will enable increased study flexibility for Kaplan GMAT students.
Fast Company Magazine Names Kaplan Among World's 10 Most Innovative Education Companies
Business Wire - Tue Feb 25, 10:04AM CST
Kaplan, Inc., the global education services company and largest subsidiary of Graham Holdings (NYSE:GHC), was named (No. 3) among the ten most innovative education companies in Fast Company magazine's annual ranking of the world's Most Innovative Companies for 2014.
Graham Holdings Company Reports 2013 and Fourth Quarter Earnings
Business Wire - Fri Feb 21, 7:30AM CST
Graham Holdings Company (NYSE: GHC) today reported net income attributable to common shares of $236.0 million ($32.05 per share) for the year ended December 31, 2013, compared to $131.2 million ($17.39 per share) for the year ended December 31, 2012. Net income includes $46.1 million ($6.27 per share) and $60.1 million ($8.17 per share) in income from discontinued operations for 2013 and 2012, respectively. Income from continuing operations attributable to common shares was $189.9 million ($25.78 per share) for 2013, compared to $71.1 million ($9.22 per share) for 2012. For the fourth quarter of 2013, the Company reported net income attributable to common shares of $156.5 million ($21.14 per share), compared to a loss of $45.4 million ($6.57 per share) for the same period of 2012. Net income includes $100.8 million ($13.62 per share) and $5.6 million ($0.78 per share) in income from discontinued operations for the fourth quarter of 2013 and 2012, respectively. The Company reported income from continuing operations attributable to common shares of $55.6 million ($7.52 per share) for the fourth quarter of 2013, compared to a loss of $51.0 million ($7.35 per share) for the same period of 2012.
Graham Holdings Company Declares Regular Quarterly Dividend
Business Wire - Thu Feb 20, 11:30AM CST
Graham Holdings Company (NYSE: GHC) today declared a regular quarterly dividend of $2.55 per share, payable on May 5, 2014, to shareholders of record on April 17, 2014.
University of Wisconsin - Madison Biomedical Engineering Student Wins $25,000 in Kaplan Test Prep's Annual 25K Your Way Sweepstakes
Business Wire - Tue Feb 18, 7:30AM CST
Max Toso, a freshman at the University of Wisconsin - Madison and Wisconsin native, is the winner of Kaplan Test Prep's 25K Your Way Sweepstakes. Kaplan created this national sweepstakes a decade ago to offer college students and young professionals - many of whom aspire to enroll in graduate, business, law or medical school - a chance to start their own business, pay off student loans or pay tuition to earn a higher degree. Max's name was selected at random out of tens of thousands of entries from across the United States and Canada.
Warren Buffett's Latest Moves to Invade Your Living Room
Patrick Morris, The Motley Fool - Motley Fool - Tue Feb 18, 6:29AM CST
The latest stock-picking data from Warren Buffett's Berkshire Hathaway is in, and as it turns out, he made a few major moves in the media and television industries in the fourth quarter of last year. Source: woodleywonderworks on Flickr. ...
After 40 Years, Warren Buffett Is Selling This Long-Time Investment
Jay Jenkins, The Motley Fool - Motley Fool - Thu Feb 13, 7:00PM CST
Enjoy these three reads to satisfy your Foolish curiosities in investing, business, and life! 40 years and 12.3% annual returns later, Buffett says "Sell!!" Last year, Amazon.com CEO Jeff Bezos made headlines, and sent shock waves through...
Berkshire May Avoid $400 Million Tax Bill In Graham Holdings Swap
at The Street - Fri Mar 14, 9:36AM CDT
Warren Buffett may be breaking ground devising ways to avoid capital gains taxes on Berkshire's best investments.
Buffett Makes a Rare -- but Intelligent -- Exit
Alex Dumortier, CFA, The Motley Fool - Motley Fool - Wed Mar 12, 7:39PM CDT
U.S. stocks ended the day roughly unchanged on Tuesday, with the benchmark S&P 500 index up 0.03%, while the narrower Dow Jones Industrial Average fell 0.07%. Last month, I highlighted that Berkshire Hathaway was in discussions to...
Is Buffett's Graham Holdings Deal a Glimpse into Berkshire's Future?
at The Street - Wed Mar 12, 4:20PM CDT
Could Warren Buffett be testing a new dealmaking strategy in swapping his Graham Holdings stock for assets, cash and Berkshire shares.
Buffett trims ties to former Washington Post owner
AP - Wed Mar 12, 10:38AM CDT
WASHINGTON (AP) — Warren Buffett's company says it has agreed to acquire a Miami-based TV station from Graham Holdings Co. in exchange for most of its shares in the company that once owned The Washington Post.
Graham Holdings and Berkshire Hathaway Reach Agreement in Principle for Berkshire Hathaway to Acquire WPLG-TV
Business Wire - Wed Mar 12, 7:30AM CDT
Graham Holdings Company (NYSE: GHC) and Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) announced today that they have reached an agreement in principle for Berkshire to acquire a wholly-owned subsidiary of Graham Holdings Company, which will include WPLG, a Miami-based television station, a number of Berkshire shares currently held by Graham Holdings Company and an amount of cash, in exchange for approximately 1.6 million shares of Graham Holdings Class B common stock currently owned by Berkshire Hathaway. The specific number of shares of each company and the amount of cash will be determined on the closing date based on certain factors, including the market prices of the shares of both companies at that time. No binding agreement has yet been signed in connection with the transaction. The transaction is subject to agreement on definitive documentation, and will be subject to regulatory approvals and other customary conditions. In addition there will be certain termination rights relating to minimum trading prices of the stock of each company immediately prior to closing and to a minimum value of the television station for purposes of the transaction on the closing date.
Kaplan Test Prep Comments on U.S. News & World Report's Just Released 2015 Rankings of Graduate Schools, Business Schools, Law Schools and Medical Schools
Business Wire - Tue Mar 11, 11:30AM CDT
Kaplan Test Prep issued the following statement regarding how prospective students should view U.S. News & World Report's 2015 graduate school, business school, law school and medical school rankings, which were just released today:
Andrew S. Rosen Named Executive Vice President, Graham Holdings; Thomas C. Leppert Named Chief Executive Officer, Kaplan, Inc.
Business Wire - Tue Mar 11, 10:00AM CDT
Graham Holdings Company (NYSE:GHC) today announced that Andrew S. Rosen has been named executive vice president of the Company. He remains chairman of Kaplan, Inc. Thomas C. Leppert has been named chief executive officer of Kaplan, replacing Rosen. The changes take effect on April 1.
Robert Graham Announces Fragrance & Personal Care Licensing Agreement With Batallure Beauty
PR Newswire - Tue Mar 11, 6:00AM CDT
Today, Robert Graham Holdings, LLC and Batallure Beauty, LLC entered into an exclusive worldwide license agreement for the creation, development, and distribution of fragrances and personal care products under the Robert Graham name.
Why McClatchy Company (MNI) Is Soaring on Monday
at The Street - Mon Mar 10, 1:30PM CDT
The McClatchy Company (MNI), which owns regional media properties such as The Charlotte Observer and The Sacramento Bee, is soaring on reports the consortium it belongs to, Classified Ventures, has put online property Cars.com up for sale.
Dividends, Earnings Results, Stock Movements, Upcoming Conferences, and Board Elections - Analyst Notes on Gannett, Thomson Reuters, Meredith, Graham Holdings, and The New York Times
PR Newswire - Thu Mar 06, 10:30AM CST
Editor Note: For more information about this release, please scroll to bottom.
Graham Holdings Expects to Receive Cash Distribution from Classified Ventures' Sale of Apartments.com
Business Wire - Mon Mar 03, 7:49AM CST
Graham Holdings Company (NYSE:GHC) said today that it anticipates a cash distribution as a result of an agreement by Classified Ventures, LLC (CV) to sell Apartments.com for $585 million to CoStar Group, Inc. CV expects the transaction to close in the second quarter of 2014.
Classified Ventures Announces Agreement to Sell Apartments.com Business to CoStar Group
PR Newswire - Mon Mar 03, 6:48AM CST
Classified Ventures, LLC ("CV"), a leading provider of digital marketing solutions in the automotive and apartment rental categories, announced today that it has entered into an agreement to sell its Apartments.com business for $585 million in cash to CoStar Group, Inc., a leading provider of commercial real estate research and information services. The sale follows a September 2013 announcement that the Company and its Board of Directors would explore strategic alternatives for Apartments.com. CV was advised by Moelis & Company and Skadden, Arps, Slate, Meagher & Flom. The transaction is expected to close in the second quarter of 2014.
ESC Region 12 Partners with Kaplan to Support College and Career Readiness for High School and Middle School Students
Business Wire - Thu Feb 27, 7:30AM CST
To help schools prepare students for college and/or the workforce, Education Service Center (ESC) Region 12, a nonprofit service organization that provides professional development and program support to school personnel, has partnered with Kaplan K12 Learning Services, a leading provider of skill building solutions for academic success and college readiness. This goal becomes increasingly important as Texas adjusts to a new landscape with the implementation of House Bill 5 (HB 5). HB 5 is shifting how schools prepare young people for college and careers through a diversified curriculum.
Kaplan Test Prep Introduces the First GMAT Course eBook for Kindle Fire Tablets and Kindle Reading Apps via Whispercast
Business Wire - Tue Feb 25, 11:40AM CST
Kaplan Test Prep has collaborated with Amazon to bring its GMAT course book directly to students enrolled in Kaplan courses using the cross-platform Kindle reading apps and Kindle Fire tablets--making it the first Kindle-compatible Kaplan GMAT course available for aspiring business school students. Kaplan GMAT students will have the ability to study across multiple devices--Kindle Fire and Android tablets, iPads, PCs and Macs--and take advantage of features such as note taking, highlighting, tracking progress, word look up, searching and syncing across Kindle reading apps and Kindle Fire tablets. The digital offering will enable increased study flexibility for Kaplan GMAT students.
Fast Company Magazine Names Kaplan Among World's 10 Most Innovative Education Companies
Business Wire - Tue Feb 25, 10:04AM CST
Kaplan, Inc., the global education services company and largest subsidiary of Graham Holdings (NYSE:GHC), was named (No. 3) among the ten most innovative education companies in Fast Company magazine's annual ranking of the world's Most Innovative Companies for 2014.
Graham Holdings Company Reports 2013 and Fourth Quarter Earnings
Business Wire - Fri Feb 21, 7:30AM CST
Graham Holdings Company (NYSE: GHC) today reported net income attributable to common shares of $236.0 million ($32.05 per share) for the year ended December 31, 2013, compared to $131.2 million ($17.39 per share) for the year ended December 31, 2012. Net income includes $46.1 million ($6.27 per share) and $60.1 million ($8.17 per share) in income from discontinued operations for 2013 and 2012, respectively. Income from continuing operations attributable to common shares was $189.9 million ($25.78 per share) for 2013, compared to $71.1 million ($9.22 per share) for 2012. For the fourth quarter of 2013, the Company reported net income attributable to common shares of $156.5 million ($21.14 per share), compared to a loss of $45.4 million ($6.57 per share) for the same period of 2012. Net income includes $100.8 million ($13.62 per share) and $5.6 million ($0.78 per share) in income from discontinued operations for the fourth quarter of 2013 and 2012, respectively. The Company reported income from continuing operations attributable to common shares of $55.6 million ($7.52 per share) for the fourth quarter of 2013, compared to a loss of $51.0 million ($7.35 per share) for the same period of 2012.
Graham Holdings Company Declares Regular Quarterly Dividend
Business Wire - Thu Feb 20, 11:30AM CST
Graham Holdings Company (NYSE: GHC) today declared a regular quarterly dividend of $2.55 per share, payable on May 5, 2014, to shareholders of record on April 17, 2014.
University of Wisconsin - Madison Biomedical Engineering Student Wins $25,000 in Kaplan Test Prep's Annual 25K Your Way Sweepstakes
Business Wire - Tue Feb 18, 7:30AM CST
Max Toso, a freshman at the University of Wisconsin - Madison and Wisconsin native, is the winner of Kaplan Test Prep's 25K Your Way Sweepstakes. Kaplan created this national sweepstakes a decade ago to offer college students and young professionals - many of whom aspire to enroll in graduate, business, law or medical school - a chance to start their own business, pay off student loans or pay tuition to earn a higher degree. Max's name was selected at random out of tens of thousands of entries from across the United States and Canada.
Warren Buffett's Latest Moves to Invade Your Living Room
Patrick Morris, The Motley Fool - Motley Fool - Tue Feb 18, 6:29AM CST
The latest stock-picking data from Warren Buffett's Berkshire Hathaway is in, and as it turns out, he made a few major moves in the media and television industries in the fourth quarter of last year. Source: woodleywonderworks on Flickr. ...
After 40 Years, Warren Buffett Is Selling This Long-Time Investment
Jay Jenkins, The Motley Fool - Motley Fool - Thu Feb 13, 7:00PM CST
Enjoy these three reads to satisfy your Foolish curiosities in investing, business, and life! 40 years and 12.3% annual returns later, Buffett says "Sell!!" Last year, Amazon.com CEO Jeff Bezos made headlines, and sent shock waves through...
