Davenport, IA--Lee Enterprises a print media company has evaded the axe from the New York Stock Exchange (NYSE). Two warnings have been issued to Lee Enterprises, but apparently the company, which publishes nearly 50 dailies in 23 states, and 300 weekly circulars is getting special treatment.
UPDATE: Lee Files 8-K paperwork with the NYSE: continued listing as refinancing continues.
read report here: http://biz.yahoo.com/e/111108/lee8-k.html
qctimes.com
Does it surprise anyone when Marry Junck, CEO based in Davenport Iowa sits on the Associated Press board of directors as chairwoman? Most companies who cant get their stock price up after 6 months are taken off of the Exchange in New York (NYSE). Lee Enterprises spends an additional $27M per year towards interest just to pay off their $1B debt, and TRY to stay in business. The financing deal may not be complete, and it did not help the stock price rise above the $1 minimum price. Lee Enterprises convinces "Seeking Alpha" to make Lee a "good buy"; special press in the Wall Street Journal. The bottom line is that Lee cannot keep their stock above minimum trade value.
We wrote an article about Lee getting its stock price up:
http://www.leeenterprisessucks.com/2011/09/lee-needs-viagra.html
An interesting group of people are meeting up, and assembling in public. They are occupying America. Corporations like Lee Enterprises do more to spread propaganda than help the people. Special favors from Wall Street indicate a boycott on Lee Enterprises newspapers are called for.
To find out which papers are published by Lee, go to:
www.Lee.net/newspapers
As a reminder, Lee Enterprises publishes weekly free publications like Autotrader, a magazine dedicated to selling your vehicle in a local market. Please consider not supporting these weekly publications when selling your car. Thank you for being mindful of NOT supporting corporate SCUM like Lee Enterprises, who currently feel that their corporation, is WAY more important than you.
UPDATE: Lee Files 8-K paperwork with the NYSE: continued listing as refinancing continues.
read report here: http://biz.yahoo.com/e/111108/lee8-k.html
qctimes.comMary Junck-- Lee Enterprises CEO
no pun intended (her corporation, her papers are junk)
Does it surprise anyone when Marry Junck, CEO based in Davenport Iowa sits on the Associated Press board of directors as chairwoman? Most companies who cant get their stock price up after 6 months are taken off of the Exchange in New York (NYSE). Lee Enterprises spends an additional $27M per year towards interest just to pay off their $1B debt, and TRY to stay in business. The financing deal may not be complete, and it did not help the stock price rise above the $1 minimum price. Lee Enterprises convinces "Seeking Alpha" to make Lee a "good buy"; special press in the Wall Street Journal. The bottom line is that Lee cannot keep their stock above minimum trade value.
We wrote an article about Lee getting its stock price up:
http://www.leeenterprisessucks.com/2011/09/lee-needs-viagra.html
An interesting group of people are meeting up, and assembling in public. They are occupying America. Corporations like Lee Enterprises do more to spread propaganda than help the people. Special favors from Wall Street indicate a boycott on Lee Enterprises newspapers are called for.
To find out which papers are published by Lee, go to:
www.Lee.net/newspapers
As a reminder, Lee Enterprises publishes weekly free publications like Autotrader, a magazine dedicated to selling your vehicle in a local market. Please consider not supporting these weekly publications when selling your car. Thank you for being mindful of NOT supporting corporate SCUM like Lee Enterprises, who currently feel that their corporation, is WAY more important than you.
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