Mcclatchy Co – Chatham Asset Management Took Position

June 27, 2018 - By Ira Colvard

The McClatchy Company (NYSEAMERICAN:MNI) Corporate Logo

Chatham Asset Management acquired Mcclatchy Co stake

By accessing this link 000090571818000600 you’ll see the Securities and Exchange Commission SC 13D report registered by Chatham Asset Management. It has Mcclatchy Co.In the report, Chatham Asset Management holds 1,047,626 shares or 14% of the Consumer Discretionary–company.

On June 22, 2018 it was registered as new position in Mcclatchy Co for filler.The Chatham Asset Management�s view may bring Mcclatchy Co positive attention.

On July, 20 The McClatchy Company (NYSEAMERICAN:MNI)’s earnings report is expected by WallStreet, as reported by RTT. Analysts predict $-1.36 earnings per share, which is $0.57 down or 72.15 % from 2017’s $-0.79 earnings per share. Wall Street now sees -48.29 % EPS growth despite The McClatchy Company previous quarter’s EPS of $-2.63.

The stock decreased 0.20% or $0.02 during the last trading session, hitting $9.88.The McClatchy Company has 18,471 shares volume, 22.57% up from normal. MNI is uptrending and has moved 18.56% since June 27, 2017. The stock outperformed the S&P 500 by 5.99%.

The McClatchy Company publishes news and information in the United States.The firm is worth $76.64 million. The Company’s publications include the Miami Herald, The Kansas City Star, The Sacramento Bee, The Charlotte Observer, The News and Observer, the (Fort Worth) Star-Telegram, and The (Durham, NC) Herald-Sun.Currently it has negative earnings. The company's businesses comprise daily newspapers, Websites, mobile apps, mobile news and advertising, video products, niche publications, direct marketing, direct mail services, and nearby community newspapers.

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