Posted on : 21-07-2009 | By : Vadim Lavrusik | In : Business, Newspapers
Tags: advertising, digitaladvertising, mcclatchy, newmedia, Newspapers
Great news comes today from McClatchy Company, which is reporting a 50 cents per share growth in the second quarter. Well that is great, especially when a “loss seems certain” and “hardly anything has gone right at the company for the last few years” (those being from the reporter, not the experts) were the phrases from a report anticipating losses of the company just yesterday. So, who brought the champagne? Let’s celebrate. After all, early trading showed a jump in McClatchy’s stock. Not so fast. Read down to about the 11nth graph – skipping all the good news.