New Media Investment Group!
Take a look at what Mike Reed has to say about their 'new approach' to local newspapers
Nobody likes them.... Whether the merger would help combat the erosion of reporting jobs in America or accelerate it quickly became a matter of intense debate in the journalism industry, which remains mired in a two-decade-long search for a sustainable business model for local news.
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Let's put that group's stock performance on the radar first - for fast traders
Ticker News
Stock in the Trader’s Radar: New Media Investment Group Inc. (NEWM)
New Media Investment Group Inc. (NEWM):
"If you are considering getting into the day trading or penny stock market, it’s a legitimate and profitable method for making a living. Every good investor knows that in order to make money on any investment, you must first understand all aspects of it, so let’s look at daily change, stock price movement in some particular time frame, volatility update, performance indicators and technical analysis and analyst rating . . .
New Media Investment Group Inc. (NEWM) Stock Price Movement in past 50 Days period and 52-Week period
New Media Investment Group Inc. (NEWM) stock demonstrated 25.56% move opposition to 12-month low and unveiled a move of -45.29% versus to 12-month high. The recent trading activity has given its price a change of -9.47% to its 50 Day High and 22.62% move versus to its 50 Day Low. Prices of commodities, securities and stocks fluctuate frequently, recording highest and lowest figures at different points of time in the market.
New Media Investment Group Inc. (NEWM) Stock Past Performance New Media Investment Group Inc. (NEWM) stock revealed -3.37% return for the recent month and disclosed -13.52% return in 3-month period. The stock grabbed -16.92% return over last 6-months and -44.82% return in yearly time period. To measure stock performance since start of the year, it resulted a change of -23.16%. Past performance shows you the fund’s track record, but do remember that past performance is not an indication of future performance. Read the historical performance of the stock critically and make sure to take into account both long- and short-term performance. Past performance is just one piece of the puzzle when evaluating investments . .
Volatility in Focus:
Volatility measures the risk of a security. It is used in option pricing formula to gauge the fluctuations in the returns of the underlying assets.
The stock unfolded volatility at 4.39% during a week and it has been swapped around 4.37% over a month. Volatility is a rate at which the price of a security increases or decreases for a given set of returns. . .
Overbought and Oversold levels
The stock has RSI reading of 56.56. RSI gives an indication of the impending reversals or reaction in price of a security. RSI moves in the range of 0 and 100. So an RSI of 0 means that the stock price has fallen in all of the 14 trading days. Similarly, an RSI of 100 means that the stock price has risen in all of the 14 trading days. . .
Analyst Watch:
Analysts have assigned their consensus opinion on this stock with rating of 1 on scale of 1 to 5. 1 or 2 =>Buy view 4 or 5 => Sell opinion. 3 =>Hold. Analysts’ recommendations are the fountainhead of equity research reports and should be used in tangent with proprietary research and investment methodologies in order to make investment decisions.
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Arizona Republic Reporters, Staffers Vote To Form A Union
Howard Fischer, Capitol Media Services
Updated: Friday, October 11, 2019 - 3:38pm
"It’s official: The state’s largest newspaper, The Arizona Republic, has voted to unionize.The 64-30 vote came despite a series of memos written by management at the Arizona Republic to staffers eligible to join the NewsGuild, a labor union for journalists in North America, that organizing in that way could have negative implications.
“This is a historic decision to protect local journalism,” said consumer reporter and member of the organizing committee Rebekah Sanders in a press release. “We have sent a powerful message to Gannett that we expect dignified layoff severance, fair wages and a voice in the decisions that affect our future.” . .
Thursday's vote does not actually gain the newsroom staffers anything beyond the right to collectively bargain with management.
"I think there's a general belief that now the hard work starts," Pitzl said.
Unlike efforts to unionize some other businesses, the impetus had less to do with salaries than trying to provide some protection to existing workers against layoffs. That has taken on additional importance following the announcement that Gannett was going to be purchased by GateHouse Media to form a $1.4 billion corporation. . .
The only GateHouse operation in Arizona is the Arizona Capitol Times, which is not a union shop.
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