Lee Enterprises completes long-term refinancing
Thomson Reuters ONE - Mon Mar 31, 3:15PM CDT
DAVENPORT, Iowa (March 31, 2014) -- Lee Enterprises, Incorporated (NYSE: LEE), a major provider of local news, information and advertising in 50 markets, has completed the refinancing of $800 million of debt, extending maturities to 2019 and 2022.
Why Warren Buffett Owns This Community Newspaper Publisher and Why You Should Too
Mark Lin, The Motley Fool - Motley Fool - Thu Mar 27, 1:25PM CDT
Source: Lee Enterprises . In the 2012 Berkshire Hathaway shareholder letter, Warren Buffett noted that he had purchased 28 daily newspapers at a cost of $344 million. Buffett also talked about his acquisition criteria for newspapers, saying that...
Lee Enterprises announces pricing of senior secured notes and first lien term loan
Thomson Reuters ONE - Fri Mar 21, 4:49PM CDT
DAVENPORT, Iowa (March 21, 2014) -- Lee Enterprises, Incorporated (NYSE: LEE), a major provider of local news, information and advertising in 50 markets, announced today that it has priced its offering of $400 million of Senior Secured Notes due 2022. The notes will pay interest in cash semiannually on March 15 and September 15 of each year, beginning September 15, 2014, at a rate of 9.5% per annum. The notes will mature on March 15, 2022 and will be issued at a price equal to 100.0% of the aggregate principal amount thereof.
Uptrend Call Working As Lee Enterprises Stock Rises 72.2% (LEE)
Comtex SmarTrend(R) - Thu Mar 20, 4:45PM CDT
SmarTrend identified an Uptrend for Lee Enterprises (NYSE:LEE) on August 28th, 2013 at $2.91. In approximately 7 months, Lee Enterprises has returned 72.16% as of today's recent price of $5.01.
Lee Enterprises proposes offering of first lien notes
Thomson Reuters ONE - Tue Mar 18, 7:59AM CDT
DAVENPORT, Iowa (March 18, 2014) -- Lee Enterprises, Incorporated (NYSE: LEE), a major provider of local news, information and advertising in 50 markets, announced today that it plans to offer, subject to market and other conditions, $400 million of first lien senior secured notes due 2022. The notes will be offered and sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"
Chase Rankin Becomes President and Publisher of Arizona Daily Star
Marketwire - Mon Mar 10, 5:00PM CDT
Chase Rankin, vice president of advertising, sales and marketing, has been promoted to president and publisher of the Arizona Daily Star.
Shares of LEE Up 76.3% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Wed Mar 05, 9:35AM CST
SmarTrend identified an Uptrend for Lee Enterprises (NYSE:LEE) on August 28th, 2013 at $2.91. In approximately 6 months, Lee Enterprises has returned 76.29% as of today's recent price of $5.13.
Lee Enterprises Has Returned 72.2% Since SmarTrend Recommendation (LEE)
Comtex SmarTrend(R) - Wed Feb 26, 9:08AM CST
SmarTrend identified an Uptrend for Lee Enterprises (NYSE:LEE) on August 28th, 2013 at $2.91. In approximately 6 months, Lee Enterprises has returned 72.16% as of today's recent price of $5.01.
Why Shares of Lee Enterprises, Incorporated Jumped
Jeremy Bowman, The Motley Fool - Motley Fool - Wed Feb 19, 2:53PM CST
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of Lee Enterprises, Incorporated were...
Lee Enterprises outlines digital strategies, improves cost outlook
Thomson Reuters ONE - Wed Feb 19, 8:01AM CST
DAVENPORT, Iowa (February 19, 2014) -- At its annual meeting of stockholders today, Lee Enterprises, Incorporated (NYSE: LEE), a major provider of local news, information and advertising in 50 markets, will provide a review of its digital news, sales and audience strategies, along with a financial update that includes improved cost guidance.
Local Newspaper Groups Select Nativo as their Native Advertising Platform
Business Wire - Mon Feb 10, 1:30PM CST
Nativo, which provides native advertising technology and services to leading brands and publishers online, today announced that six major newspaper groups--including Hearst Newspapers, Lee Enterprises (NYSE: LEE), the McClatchy Company (NYSE: MNI), Gatehouse Media, Schurz Communications, and Sandusky Newspapers--have selected it as a native advertising provider.
Why Lee Enterprises, Incorporated Shares Popped
Alex Planes, The Motley Fool - Motley Fool - Thu Feb 06, 3:12PM CST
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of Lee Enterprises, Incorporated are up more...
Lee Enterprises reports earnings for first fiscal quarter
Thomson Reuters ONE - Thu Feb 06, 8:00AM CST
DAVENPORT, Iowa (February 6, 2014) -- Lee Enterprises, Incorporated (NYSE: LEE), a major provider of local news, information and advertising in 50 markets, today reported preliminary(1) earnings of 22 cents per diluted common share for its first fiscal quarter ended December 29, 2013, compared with 28 cents a year ago. Excluding unusual matters, adjusted earnings per diluted common share(2) totaled 24 cents, compared with earnings of 20 cents a year ago.
Should You Follow Buffett Into Newspaper Publisher Lee Enterprises?
Robert Hanley, The Motley Fool - Motley Fool - Sat Feb 01, 6:00AM CST
Newspaper publisher Lee Enterprises has remained focused on the newspaper business, despite a decline in overall readership, believing that the company can remain a key source of news in its markets through either physical or digital products. Lee...
Faruqi & Faruqi, LLP Launches An Investigation Against Lee Enterprises, Incorporated (LEE) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
Business Wire - Fri Jan 10, 4:31PM CST
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Lee Enterprises, Incorporated ("Lee" or the "Company"
Lee Enterprises Names Group Publisher for Madison and Tucson
Marketwire - Tue Dec 10, 3:10PM CST
Lee Enterprises, Incorporated (NYSE: LEE) has announced the promotion of John M. Humenik, president and publisher of the Arizona Daily Star in Tucson, to publisher of the Wisconsin State Journal in Madison and group publisher for both divisions.
3 Companies Boosting Earnings With Debt
Rupert Hargreaves, The Motley Fool - Motley Fool - Wed Dec 04, 10:24AM CST
It would appear that for the next few years, the low interest rate environment currently prevailing around the world will continue. While this isn't good for savers, it is good for companies with lots of debt, and it's even better for their...
Lee Enterprises Promotes Astrid Garcia to VP of HR
Marketwire - Tue Nov 26, 3:15PM CST
Astrid J. Garcia, vice president of human resources, labor and operations at the St. Louis Post-Dispatch, has been promoted to vice president of human resources for Lee Enterprises, Incorporated (NYSE: LEE).
News media protest White House press access limits
By NANCY BENAC - AP - Thu Nov 21, 6:27PM CST
WASHINGTON (AP) — Dozens of leading news organizations protested to the White House on Thursday against restrictions that sometimes keep journalists from taking pictures and video of President Barack Obama performing official duties. At the same time, two press groups urged their members to stop using official photos and video handed out by the White House, dismissing them as little more than "government propaganda."