>>5007618 lb
PB nailed it back then and people have this massive disconnect as to why stocks never perform they way they should when earnings are released. Look at the bank stocks earlier this month. The system yanks the short leash because it can make moar money doing that. Learned that lesson the hard when they did it to Bear, Citi, Merrill in 2008.
stepped it up lately..shit not being dropped on purpose.
current baker not part of that last statement about bakers…you are rocking it.
The CEO/PRES just signed a new employment contract exstention on January 25th, 2019
On January 25, 2019, The McClatchy Company (the "Company") and Craig I. Forman, President and Chief Executive Officer of the Company, entered into Amendment No. 1 (the "Amendment") to the Executive Employment Agreement, dated January 25, 2017 (the "Employment Agreement" and as amended by the Amendment, the "Amended Employment Agreement"). Except as provided below, all other terms of Mr. Forman's Employment Agreement remain in effect. Under the Amended Employment Agreement, the Employment Agreement is subject to automatic renewal for additional two-year terms, commencing as of January 25, 2019, unless either party gives written notice of the party's intention not to renew at least sixty (60) days prior to the expiration of any term. Capitalized terms used but not defined herein have the respective meanings given to them in the Employment Agreement.
Annual Cash Incentive Bonus. Mr. Forman shall be eligible to receive an annual
cash bonus for each fiscal year based on performance objectives established by
the Company's Compensation Committee, and the target amount of such annual cash
bonus shall be at least one hundred percent (100%) of Mr. Forman's base salary
then in effect for each applicable year.
https://www.marketscreener.com/MCCLATCHY-CO-37770784/news/MCCLATCHY-CO-Change-in-Directors-or-Principal-Officers-Financial-Statements-and-Exhibits-form-8-27916707/
just keep hanging themselves
not wrong
money!