Belo Corp (BLCBB.PK)
7.50USD
11 Oct 2012
$0.00 (+0.00%)
$7.50
--
$7.50
$7.50
314
63
$7.50
$5.40
BLCBB.PK
About
Overall
| Beta: | 3.38 |
| Market Cap (Mil.): | $1,343.66 |
| Shares Outstanding (Mil.): | 95.50 |
| Dividend: | 0.08 |
| Yield (%): | 2.27 |
Financials
| BLCBB.PK | Industry | Sector | |
|---|---|---|---|
| P/E (TTM): | 14.40 | 26.22 | 16.26 |
| EPS (TTM): | 0.98 | -- | -- |
| ROI: | 7.05 | 23.25 | 16.05 |
| ROE: | 34.54 | 23.91 | 19.65 |
Fitch Places Belo's Ratings on Rating Watch Positive
(The following statement was released by the rating agency) NEW YORK, June 14 (Fitch) Fitch Ratings has placed the 'BB' Issuer Default Rating (IDR) and all outstanding ratings for Belo Corporation (Belo) on Rating Watch Positive, following the announcement of Gannett Co. Inc.'s (Gannett) planned acquisition of Belo. The ratings previously had a Positive Outlook. A full list of ratings appears at the end of this release. Gannett intends to acquire Belo at an enterprise value of $2.2 billion
Gannett surges to five-year high on deal to expand TV reach
- Gannett Co Inc shares soared 27 percent to a five-year high after the largest U.S. newspaper chain struck a $1.5 billion deal for television company Belo Corp, dramatically increasing TV's importance to Gannett's results. | Video
UPDATE 4-Gannett surges to five-year high on deal to expand TV reach
June 13 - Gannett Co Inc shares soared 27 percent to a five-year high after the largest U.S. newspaper chain struck a $1.5 billion deal for television company Belo Corp, dramatically increasing TV's importance to Gannett's results.
US STOCKS-Wall Street flat as data tempers policy jitters
NEW YORK, June 13 - Wall Street opened little changed on Thursday as encouraging economic data offset concerns over an earlier-than-expected winding down of central bank stimulus that has propelled a rally in the U.S. equity market this year.
Gannett to buy Belo for $1.5 billion cash, to assume debt also
June 13 - Media company Gannett Co Inc said on Thursday that it agreed to pay $1.5 billion in cash to buy Belo Corp and assume $715 million in debt, giving television company Belo an enterprise value of $2.2 billion.
Amazon Indians occupy controversial dam to demand a say
BRASILIA - Amazon Indians on Friday refused to end their occupation of a building site that has partially paralyzed work on the world's third largest hydroelectric dam for two days.
TEXT - Fitch revises Belo Corp outlook to positive
Feb 22 - Fitch Ratings has affirmed the 'BB' Issuer Default Rating (IDR) and all outstanding ratings for Belo Corporation (Belo). Fitch has revised the Rating Outlook to Positive from Stable. A full list of ratings appears at the end of this release. Metrics are well within Fitch's previously stated leverage threshold of 4.0x, in a political year (5.0x in a non-political year), and place the company at the higher end of the 'BB' ratings category. The ratings and Outlook reflect the continue
Competitors
| Price | Change | |
|---|---|---|
| Meredith Corporation (MDP.N) | $45.49 | -0.65 |
| Meredith Corporation (MDPEB.PK) | $39.90 | -1.70 |
| Sinclair Broadcast Group, Inc. (SBGI.OQ) | $29.20 | +0.63 |
| The E.W. Scripps Company (SSP.N) | $15.39 | -0.06 |
| Nexstar Broadcasting Group, Inc. (NXST.OQ) | $33.77 | +0.41 |
| LIN TV Corp (TVL.N) | $15.18 | +0.31 |
| Gray Television, Inc. (GTN.N) | $7.21 | +0.06 |
| Gray Television, Inc. (GTNa.N) | $7.05 | +0.07 |
| Journal Communications, Inc. (JRN.N) | $7.33 | +0.17 |
| Media General, Inc. (MEG.N) | $9.79 | +0.14 |
Earnings vs. 
Estimates
Analyst Research Reports
| Report Title | Price |
|---|---|
|
Provider: Thomson Reuters Stock Report
|
$25.00
|
|
Trading Report for (BLC). A detailed report, including free correlated market analysis, and updates.
Provider: Stock Traders Daily
|
$58.00
|
|
Provider: Datamonitor
|
$175.00
|
|
Provider: Stock Traders Daily
|
$495.00
|
|
Provider: Market Edge
|
$10.00
|
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
