On Thursday, Gannett Co Inc(NYSE:GCI)’s shares declined -3.90% to $12.83.
Gannett Co Inc (GCI) stated results of operations derived from the merged financial statements and accounting records of the Company’s former Parent and presented as if the Company were a separate entity.
Recent highlights comprise:
- Accomplished the spin from its former Parent, regular way trading commenced on June 29, 2015.
- Accomplished the acquisition of the remaining 59.4% in the Texas-New Mexico Newspaper Partnership in the U.S. and the acquisition of Romanes Media Group in the U.K., resulting in annual revenues of about $100 million over the next twelve months.
- Achieved 92 million unique domestic digital visitors, a 16% enhance over the preceding year.
- Raised cost reduction estimate from $57 million to $67 million. Target run-rate to be reached in first half of 2016.
- Hired high-profile digital and print advertising executive as Gannett’s first-ever Chief Revenue Officer.
Gannett Co., Inc. operates as a multi-platform news and information company. Its operations comprise 100 daily publications and related digital platforms in the United States and the United Kingdom; and about 400 non-daily local publications in the United States and about 125 such titles in the United Kingdom.
Regal Entertainment Group(NYSE:RGC)’s shares gained 2.83% to $19.82.
Regal Entertainment Group (RGC), declared fiscal second quarter 2015 results.
Total revenues for the second quarter ended June 30, 2015 were $862.8 million contrast to total revenues of $770.3 million for the second quarter ended June 26, 2014. Net income attributable to controlling interest in the second quarter of 2015 was $53.4 million, which comprised of a $3.6 million after-tax loss on extinguishment of debt, contrast to $33.8 million in the second quarter of 2014, which comprised of a $6.6 million after-tax loss on extinguishment of debt. Diluted earnings per share was $0.34 for the second quarter of 2015 contrast to $0.22 for the second quarter of 2014. Adjusted diluted earnings per share(1) was $0.38 for the second quarter of 2015 contrast to $0.27 for the second quarter of 2014. Adjusted EBITDA(3) was $177.3 million for the second quarter of 2015 and $145.4 million for the second quarter of 2014. Reconciliations of non-GAAP financial measures are offered in the financial plans accompanying this press release.
Regal Entertainment Group, through its auxiliaries, operates as a motion picture exhibitor in the United States. It develops, acquires, and operates multi-screen theatres primarily in mid-sized metropolitan markets and suburban growth areas of larger metropolitan markets. The company operates a theatre circuit under the brands of Regal Cinemas, United Artists, Edwards, Great Escape Theatres, and Hollywood Theaters.
At the end of Thursday’s trade, Kate Spade & Co (NYSE:KATE)‘s shares surged 1.55% to $19.69.
Kate Spade & Co (KATE) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for KATE broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness.
This has already started to take place, as the stock has moved lower by 5.4% in the past four weeks. And with the recent moving average crossover, investors have to think that more unfavorable trading is ahead for KATE stock.
If that wasn’t enough, Kate Spade isn’t looking too great from an earnings estimate revision perspective either. It appears as though many analysts have been reducing their earnings expectations for the stock lately, which is usually not a good sign of things to come.
Kate Spade & Company, together with its auxiliaries, designs and markets apparel and accessories. The company operates in three segments: KATE SPADE North America, KATE SPADE International, and Adelington Design Group. It offers handbags, briefcases, small leather goods, fashion accessories, jewelry, fragrances, and apparel for men, women, and children; and holds licensing agreements for footwear, swimwear, watches, optics, tabletop products, legwear, electronics cases, bedding, and stationery. The company markets and sells its products under the kate spade new york, KATE SPADE SATURDAY, JACK SPADE, AXCESS, MARVELLA, and TRIFARI brand names.
VASCO Data Security International, Inc. (NASDAQ:VDSI), ended its Thursday’s trading session with 3.52% gain, and closed at $21.17.
VASCO Data Security International, Inc. (VDSI) a global leader in authentication, electronic signatures and identity administration, declared the launch of its newest weapon to identify and mitigate hacking attacks. IDENTIKEY Risk Manager (IRM) is a comprehensive risk administration solution that improves the methods and speed with which organizations can detect fraud. IRM also allows organizations to perform more security functions in the background, reducing the security burden on their customers.
IDENTIKEY Risk Manager combines sophisticated, real-time risk analysis, multi-channel transaction monitoring and risk-based authentication to deliver an innovative solution for fraud prevention and compliance. IRM identifies and scores risks in real-time and at critical steps to determine risk levels and initiate protective action when suspicious patterns are identified. VASCO attained the core technology of IDENTIKEY Risk Manager with its 2014 acquisition of Risk IDS, Ltd., a provider of risk-based authentication solutions to the global banking community.
VASCO Data Security International, Inc., together with its auxiliaries, designs, develops, markets, and supports hardware and software security systems that manage and secure access to information assets worldwide. The company offers VACMAN Controller, a host system software authentication platform that combines technologies in one platform; IDENTIKEY Authentication Server that adds server functionality to the VACMAN core authentication platform; DIGIPASS as a Service, a cloud-based authentication service primarily for enterprise customers; and MYDIGIPASS solutions for end user authentication in the cloud.
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