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Last updateThu, 02 May 2024 9am
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McClatchy Reports Fourth Quarter 2014 Earnings

- Closed on sale of interest in Cars.com; $631.8 million in proceeds net of costs

- Reduced debt by $523 million in Q4 2014

- Revenue categories other than print newspaper advertising over 62% of 2014 total vs. 59% in 2013

- Audience revenues grew 5.2% in Q4 2014 compared to Q4 2013 quarter

- Digital-only advertising revenues, excluding Apts.com revenues, up 6.3% compared to Q4 2013 quarter and up 10.6% for full year 2014 compared to full year 2013

Bobst Group meets turnover expectations with CHF 1.3 billion consolidated sales for the full year 2014 - New lower guidances for the year 2015

For the full year 2014, consolidated sales decreased by CHF 54 million to CHF 1.3 billion. Sales in the second half of 2014 reached CHF 740 million compared with CHF 560 million in the first six months of the year, and to CHF 791 million in the second semester 2013. The consolidated net profit will be higher than announced on December 3, 2014.

BUPA Arabia Wins IFM 2014 Awards

London-based International Finance Magazine has conferred the 2014 awards for 'Best CSR Initiative' and 'Most Innovative Health Care Partnership' in Saudi Arabia to BUPA Arabia. The award was presented on November 18 by the honourable Lord Sheikh, Baron Sheikh of Cornhill, House of Lords; Sheikh Bilal Khan, UK Catalyst at UKTI and Co-Chairman of Dome Advisory and Peter Meyer, CEO, Middle East Association at a gala dinner in the ballroom of the Jumeirah Carlton Tower in London.

Wanda Group Acquires Infront Sports & Media from Bridgepoint at EUR 1.05 Billion

Dalian Wanda Group Co., Ltd., one of the leading Chinese conglomerates and China's largest investor in cultural and entertainment sector has reached an agreement to acquire Infront Sports & Media AG, the world's most respected international sports marketing company based in Zug, Switzerland, from the European private equity firm Bridgepoint. The transaction is valued at approximately EUR 1.05 billion (USD 1.2 billion) and is subject to customary conditions.


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