Vanessa Friedman, currently the fashion editor of the Financial Times (FT), has been named fashion director and chief fashion critic for The New York Times company (NYSE:NYT). She will take up her position next month and lead global fashion coverage for both The New York Times and International New York Times on all platforms. The New York Times Company (NYSE:NYT) shares after opening at $16.12 moved to $16.74 on last trade day and at the end of the day closed at $16.53. Company price to sales ratio in past twelve months was calculated as 1.45 and price to cash ratio as 3.21. The New York Times Company (NYSE:NYT) showed a positive weekly performance of 0.73%.
The McClatchy Company (NYSE:MNI) has had its shares trending up with large margins since last week. The shares were up more than 14 percent to $6.51 in the last session. It was a day that the shares escalated to a new 12-month high at $7.39. So then, what is exciting the stock and can things continue in this positive trend for the long haul? The answer has been found.The McClatchy Company (NYSE:MNI) shares fell 0.68% in last trading session and ended the day on $5.87.MNI return on equity ratio is recorded as 51.30% and its return on assets is -0.90%. The McClatchy Company (NYSE:MNI) yearly performance is 84.01%.
Gannett Co. (NYSE:GCI) was upgraded by investment analysts at CIBC from an “underperform” rating to a “sector outperform” rating in a note issued to investors on Tuesday, American Banking News reports. Gannett Co., Inc. (NYSE:GCI) shares moved up 0.79% in last trading session and was closed at $27.96, while trading in range of $27.69-$28.10. Gannett Co., Inc. (NYSE:GCI) year to date performance is -4.83%.
Lee Enterprises, Incorporated (NYSE:LEE) weekly performance is -2.71%. On last trading day company shares ended up $5.02. Lee Enterprises, Incorporated (NYSE:LEE) distance from 50-day simple moving average is 14.78%. Analysts mean target price for the company is $2.50.
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