+ Watch JRN
on My Watchlist
A media and communications company with operations in publishing, radio and television broadcasting, and printing services.
Journal Comm.was employee-owned for years. Price has been under pressure by long-time employees selling to diversify. Plus, possible takeover candidate for larger newspaper chains. Broadcast properties are good.
The Journal Company is cutting cost,buying shares back,and buying more tv,and radio stations,also buying more small newspapers,and there printing presses.Does that sound like a company that all the blow hards have going down the drain?? WAKE UP,and smell the roses.amanda1
What was once a well run company has turned sour. It is time now to access the real down fall of this company which was once a well respected media company. Since going public in late 2001 - 2002 this company has never performed to expectations. Their management style is to blame employees for their short comings. Numerous changes, layoffs and cut backs way before the economy turning bad. Stock holders should look at the real problem and that being with the over paid underperforming top executives. In 2008 they can blame the economy before it was some other excuses. Its time the excuses stopped and stock holders need to take responsibility for correcting the problem. You may ask why this company was better when it was an ESOP company. We feel since turning public this company stopped seeking input from staff and ranks; hence the company has gone down the crapper. The ones best prepared to run this company may come from within the ranks, the ones that work on the front lines. Think of it. The stock at the time of the IPO was around $16.00 per share today it is at $1.76 do you like losing 90% of your investment. Other media companies are down as well. Gannett for example is down 70% to 80% still 10 to 20% better on performance and they have many of the same problems as the Journal Company. The buck stops at the TOP with 7 to 8 years of poor management, decision making and disappointment. If this company is going to be taken over by another media company these people will be the only beneficiary and line their pockets will be lined with management incentives to make the deal happen. It happens all the time. Change this management before this can happen. The new management should be offered opportunity to embrace the employees and stock holders best interests to make a clear and well thought out decision. Sign me off as a fed up stock holder who is trying to recoup my IPO purchase.
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions