McClatchy Company (MNI) Posts Wider-than-Expected Q3 Loss
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McClatchy Reports Third Quarter 2016 Results
October 20, 2016 9:00 AM EDTSACRAMENTO, Calif., Oct. 20, 2016 /PRNewswire/ -- McClatchy (NYSE-MNI) today reported a net loss in the third quarter of 2016 of $9.8 million, or $1.30 per share. In the third quarter of 2015, the company reported a net loss of $1.1 million, or $0.15 per share. Per share amounts reflect the company's 1 for 10 reverse stock split that became effective in June 2016.
The company reported an adjusted net loss in the third quarter of 2016 of $2.1 million. In the third quarter of 2015 the company reported adjusted net income of $3.2 million.
Pat Talamantes, McClatchy's president and CEO, said, "Ad revenue trends were... More
CareerBuilder's Annual Study Reveals This Year's Craziest Excuses for Calling in Sick
October 20, 2016 12:04 AM EDTCHICAGO and ATLANTA, Oct. 20, 2016 /PRNewswire/ -- While calling in sick, when you are feeling just fine, is not a new phenomenon in the office, slightly less workers say they have done it over the last 12 months, according to a new CareerBuilder survey. Slightly more than a third of workers (35 percent) said they have called in to work sick when they were feeling just fine, down from 38 percent last year.
More than 3,100 full-time workers and more than 2,500 full-time hiring and human resource managers (of which 2,379 are in the private sector) across industries participated in the nationwide... More
