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- GohKSGohKS
  ·2021-11-27
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- GohKSGohKS
  ·2021-11-27
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- GohKSGohKS
  ·2021-11-26
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- GohKSGohKS
  ·2021-11-26
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  3 Renewable Energy Stocks We're Thankful for in 2021
  These stocks have provided market-beating returns while positively impacting our energy usage.
  3 Renewable Energy Stocks We're Thankful for in 2021
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- GohKSGohKS
  ·2021-11-25
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- GohKSGohKS
  ·2021-11-25
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- GohKSGohKS
  ·2021-11-24
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- GohKSGohKS
  ·2021-11-24
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- GohKSGohKS
  ·2021-11-23
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  Alden Global Looks to Buy Newspaper Publisher Lee Enterprises
  Hedge fund, which recently acquired Tribune Publishing, offers Lee $24 a share Alden Global Capital’
  Alden Global Looks to Buy Newspaper Publisher Lee Enterprises
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- GohKSGohKS
  ·2021-11-23
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Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877305994","repostId":"1191667572","repostType":4,"repost":{"id":"1191667572","kind":"news","pubTimestamp":1637884985,"share":"https://www.laohu8.com/m/news/1191667572?lang=&edition=full","pubTime":"2021-11-26 08:03","market":"us","language":"en","title":"3 Renewable Energy Stocks We're Thankful for in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1191667572","media":"Motley Fool","summary":"These stocks have provided market-beating returns while positively impacting our energy usage.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>SunPower has finally found its way in solar energy.</li>\n <li>People can earn nice returns with investments in Enphase Energy's products, not just its stock.</li>\n <li>Lucid is the best-performing automaker so far this year.</li>\n</ul>\n<p>Renewable energy stocks&nbsp;have had a wild year, jumping early in the year as the market pushed the entire sector higher. 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What's left is the residential solar installation business that's become one of the most valuable parts of the solar energy market. And you can see below that it's treated investors very well.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/153edab316184e1b7e084406d0753f3e\" tg-width=\"720\" tg-height=\"449\" referrerpolicy=\"no-referrer\"><span>SPWR DATA BY YCHARTS</span></p>\n<p>I'm thankful that SunPower found a path to success on the market and can&nbsp;now focus on becoming a growth stock. The company has built the infrastructure to sell, design, install, and finance residential solar projects at scale, which is what the market is rewarding today. And it made a great deal in selling its inverter business to Enphase Energy for stock that ultimately saved the company.</p>\n<p>The next few years will be important for SunPower's long-term prospects. If it can grow in residential solar and improve profitability along the way the stock could continue to rise. But solar installation has been a competitive business and companies have risen and fallen over the last decade. What I think will separate SunPower long-term is the ability to combine high-quality solar installations with energy storage and monitoring features. As all of these energy products come together, SunPower will keep giving us new energy products to be thankful for.</p>\n<p><b>An investment for the planet</b></p>\n<p><b>Howard Smith(Enphase Energy):</b>I first heard of Enphase Energy seven years ago, when I was investigating&nbsp;adding solar panels&nbsp;to my roof. I didn't invest in the company, or even consider it at the time. It was just a name on the equipment controlling and monitoring the solar power coming into my home after I made the investment. Seven years later that investment in the solar panel system has about paid for itself -- including tax and other incentives -- and I wish I had bought Enphase stock more than 2,000% ago.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8376c88917368014c7189a358b113d3e\" tg-width=\"720\" tg-height=\"387\" referrerpolicy=\"no-referrer\"><span>ENPH DATA BY YCHARTS</span></p>\n<p>My equipment may be the company's first-generation microinverter and related technologies, but Enphase recently released the eighth-generation microinverter system. The IQ8 is an all-in-one system that the company says is \"capable of forming a microgrid during a power outage using only sunlight, providing backup power even without a battery.\" While it is currently only available in North America, that will change soon as Enphase has been working to grow globally.</p>\n<p>Enphase recently launched its battery storage system in Belgium and has also just expanded into Brazil and Italy. And the company is not just growing geographically, it is also adding to its addressable market base. Enphase just announced plans to acquire ClipperCreek, an electric vehicle (EV) charging solutions company.</p>\n<p>Enphase plans to integrate that technology into its product base giving its global distributors and installers another product to offer alongside its solar and battery technology systems. The move into the EV sector also gives Enphase a path \"to enable bi-directional charging capability for vehicle-to-home and vehicle-to-grid applications.\"</p>\n<p>Investors who have held Enphase stock through its explosive growth are likely thankful they have remained patient. But the stock isn't the only part of Enphase to be thankful for this year. Enphase's products can provide nice returns on investment in and of themselves, while supporting the conversion to renewable energy that the entire planet can be thankful for as well.</p>\n<p><b>Good companies usually turn into good stocks, too</b></p>\n<p><b>Daniel Foelber&nbsp;(Lucid Group):</b>From its&nbsp;pre-merger stint with Churchill Capital IV, to its&nbsp;merger in July, to reaching&nbsp;deliveries in late October, Lucid has given investors a wild, volatile, and quite often stressful experience in 2021. But so far this year, Lucid is the best-performing automaker in the world -- giving investors who have stayed the course a fourfold return.</p>\n<p>In just a year, Lucid has transformed itself from an unproven company to a company with some of the&nbsp;best technology in the entire electric vehicle (EV) industry.</p>\n<p>The short-term outlook looks impressive. Its balance sheet is&nbsp;rich with cash, its manufacturing plant has enough capacity to meet 2022 demand, reservations are now over 17,000, and it is on track to build 20&nbsp;sales and service centers&nbsp;throughout the U.S. and Canada before year-end.</p>\n<p>The medium-term outlook looks excellent as well. In 2022,the company expects to be producing four versions of the Lucid Air sedan&nbsp;at price points ranging from $77,400 to $169,000. It's also further growing its manufacturing capacity to 50,000 units by 2022 so it can handle production of the Air and Gravity SUV in 2023.</p>\n<p>Over the long term, Lucid expects to expand into Saudi Arabia and China, its second- and third-largest markets by demand. By 2026, it expects to deliver over 250,000 units.&nbsp;It also plans to grow its manufacturing capacity to 500,000 units by the end of the decade.</p>\n<p>Over the last three months, share prices of Lucid have dipped as low as $16.12 per share and as high as $57.44 a share. To say it has been a rocky road would be an understatement. Yet despite the volatility, long-term investors hope that Lucid's growth story is maybe only in the first or second inning. The lesson here is that winning technology and a competent management team able to&nbsp;deliver on promisesis what makes a great company. As long as Lucid continues to capture market share and charts a path toward profitability, investors are likely to be thankful for years to come.</p>\n<p><b>A lot to be thankful for</b></p>\n<p>Not only are these companies building the infrastructure to reduce emissions and provide clean energy for the world, they're giving investors market-beating returns. That's a win-win combination in energy and we're thankful for these stocks as a result.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Renewable Energy Stocks We're Thankful for in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Renewable Energy Stocks We're Thankful for in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 08:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/25/3-energy-stocks-were-thankful-for-in-2021/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nSunPower has finally found its way in solar energy.\nPeople can earn nice returns with investments in Enphase Energy's products, not just its stock.\nLucid is the best-performing automaker ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/25/3-energy-stocks-were-thankful-for-in-2021/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ENPH":"Enphase Energy","LCID":"Lucid Group Inc","SPWR":"Complete Solaria, Inc."},"source_url":"https://www.fool.com/investing/2021/11/25/3-energy-stocks-were-thankful-for-in-2021/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191667572","content_text":"Key Points\n\nSunPower has finally found its way in solar energy.\nPeople can earn nice returns with investments in Enphase Energy's products, not just its stock.\nLucid is the best-performing automaker so far this year.\n\nRenewable energy stocks have had a wild year, jumping early in the year as the market pushed the entire sector higher. But values fell as the euphoria wore off and companies had to start proving they were worth high valuations.\nThree of our contributors highlighted the renewable energy stocks they're thankful for and SunPower(NASDAQ:SPWR),Enphase Energy(NASDAQ:ENPH), and Lucid Group(NASDAQ:LCID) topped the list.\nIMAGE SOURCE: GETTY IMAGES.\nFinally focusing on residential solar\nTravis Hoium(SunPower):The last few years have been a wild ride for SunPower. The company sold off its utility-scale solar business, spun off its solar panel manufacturing business, and is in the process of finding a buyer or other alternative for its commercial solar business. What's left is the residential solar installation business that's become one of the most valuable parts of the solar energy market. And you can see below that it's treated investors very well.\nSPWR DATA BY YCHARTS\nI'm thankful that SunPower found a path to success on the market and can now focus on becoming a growth stock. The company has built the infrastructure to sell, design, install, and finance residential solar projects at scale, which is what the market is rewarding today. And it made a great deal in selling its inverter business to Enphase Energy for stock that ultimately saved the company.\nThe next few years will be important for SunPower's long-term prospects. If it can grow in residential solar and improve profitability along the way the stock could continue to rise. But solar installation has been a competitive business and companies have risen and fallen over the last decade. What I think will separate SunPower long-term is the ability to combine high-quality solar installations with energy storage and monitoring features. As all of these energy products come together, SunPower will keep giving us new energy products to be thankful for.\nAn investment for the planet\nHoward Smith(Enphase Energy):I first heard of Enphase Energy seven years ago, when I was investigating adding solar panels to my roof. I didn't invest in the company, or even consider it at the time. It was just a name on the equipment controlling and monitoring the solar power coming into my home after I made the investment. Seven years later that investment in the solar panel system has about paid for itself -- including tax and other incentives -- and I wish I had bought Enphase stock more than 2,000% ago.\nENPH DATA BY YCHARTS\nMy equipment may be the company's first-generation microinverter and related technologies, but Enphase recently released the eighth-generation microinverter system. The IQ8 is an all-in-one system that the company says is \"capable of forming a microgrid during a power outage using only sunlight, providing backup power even without a battery.\" While it is currently only available in North America, that will change soon as Enphase has been working to grow globally.\nEnphase recently launched its battery storage system in Belgium and has also just expanded into Brazil and Italy. And the company is not just growing geographically, it is also adding to its addressable market base. Enphase just announced plans to acquire ClipperCreek, an electric vehicle (EV) charging solutions company.\nEnphase plans to integrate that technology into its product base giving its global distributors and installers another product to offer alongside its solar and battery technology systems. The move into the EV sector also gives Enphase a path \"to enable bi-directional charging capability for vehicle-to-home and vehicle-to-grid applications.\"\nInvestors who have held Enphase stock through its explosive growth are likely thankful they have remained patient. But the stock isn't the only part of Enphase to be thankful for this year. Enphase's products can provide nice returns on investment in and of themselves, while supporting the conversion to renewable energy that the entire planet can be thankful for as well.\nGood companies usually turn into good stocks, too\nDaniel Foelber (Lucid Group):From its pre-merger stint with Churchill Capital IV, to its merger in July, to reaching deliveries in late October, Lucid has given investors a wild, volatile, and quite often stressful experience in 2021. But so far this year, Lucid is the best-performing automaker in the world -- giving investors who have stayed the course a fourfold return.\nIn just a year, Lucid has transformed itself from an unproven company to a company with some of the best technology in the entire electric vehicle (EV) industry.\nThe short-term outlook looks impressive. Its balance sheet is rich with cash, its manufacturing plant has enough capacity to meet 2022 demand, reservations are now over 17,000, and it is on track to build 20 sales and service centers throughout the U.S. and Canada before year-end.\nThe medium-term outlook looks excellent as well. In 2022,the company expects to be producing four versions of the Lucid Air sedan at price points ranging from $77,400 to $169,000. It's also further growing its manufacturing capacity to 50,000 units by 2022 so it can handle production of the Air and Gravity SUV in 2023.\nOver the long term, Lucid expects to expand into Saudi Arabia and China, its second- and third-largest markets by demand. By 2026, it expects to deliver over 250,000 units. It also plans to grow its manufacturing capacity to 500,000 units by the end of the decade.\nOver the last three months, share prices of Lucid have dipped as low as $16.12 per share and as high as $57.44 a share. To say it has been a rocky road would be an understatement. Yet despite the volatility, long-term investors hope that Lucid's growth story is maybe only in the first or second inning. The lesson here is that winning technology and a competent management team able to deliver on promisesis what makes a great company. As long as Lucid continues to capture market share and charts a path toward profitability, investors are likely to be thankful for years to come.\nA lot to be thankful for\nNot only are these companies building the infrastructure to reduce emissions and provide clean energy for the world, they're giving investors market-beating returns. That's a win-win combination in energy and we're thankful for these stocks as a result.","news_type":1,"symbols_score_info":{"ENPH":0.9,"LCID":0.9,"SPWR":0.9}},"isVote":1,"tweetType":1,"viewCount":1584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874243117,"gmtCreate":1637796679202,"gmtModify":1637796679375,"author":{"id":"3555032609535572","authorId":"3555032609535572","name":"GohKS","avatar":"https://static.tigerbbs.com/ddc1a9348de7602d7224f258a5a3fa00","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555032609535572","idStr":"3555032609535572"},"themes":[],"htmlText":"Please like and comment. Thank you.","listText":"Please like and comment. Thank you.","text":"Please like and comment. 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Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/874080784","repostId":"2185336565","repostType":4,"isVote":1,"tweetType":1,"viewCount":1674,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875647763,"gmtCreate":1637650460268,"gmtModify":1637650460440,"author":{"id":"3555032609535572","authorId":"3555032609535572","name":"GohKS","avatar":"https://static.tigerbbs.com/ddc1a9348de7602d7224f258a5a3fa00","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555032609535572","idStr":"3555032609535572"},"themes":[],"htmlText":"Please like and comment. Thank you.","listText":"Please like and comment. Thank you.","text":"Please like and comment. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875647763","repostId":"1118695727","repostType":4,"repost":{"id":"1118695727","kind":"news","pubTimestamp":1637649901,"share":"https://www.laohu8.com/m/news/1118695727?lang=&edition=full","pubTime":"2021-11-23 14:45","market":"us","language":"en","title":"Alden Global Looks to Buy Newspaper Publisher Lee Enterprises","url":"https://stock-news.laohu8.com/highlight/detail?id=1118695727","media":"The Wall Street Journal","summary":"Hedge fund, which recently acquired Tribune Publishing, offers Lee $24 a share\nAlden Global Capital’","content":"<p>Hedge fund, which recently acquired Tribune Publishing, offers Lee $24 a share</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/29015afc6f19290aab86e022f248022f\" tg-width=\"1290\" tg-height=\"860\" width=\"100%\" height=\"auto\"><span>Alden Global Capital’s deal earlier this year for Tribune Publishing brought newspapers including the Chicago Tribune under the hedge fund’s umbrella.</span></p>\n<p>New York hedge fund and U.S. newspaper consolidator Alden Global Capital LLC has made a proposal to take&nbsp;Lee Enterprises&nbsp;Inc.&nbsp;private in a deal that values the company at around $141 million.</p>\n<p>On Monday, Alden Global offered to purchase the Davenport, Iowa-based media company, which has news operations in 77 U.S. markets, for $24 a share in cash. Lee’s shares closed Friday at $18.49 and were up 46% so far for the year. On Monday, shares in Lee jumped 27% to $23.40.</p>\n<p>In a statement later Monday, Lee Enterprises said it had received Alden’s bid and would review it.</p>\n<p>The bid to buy Lee Enterprises marks the third major acquisition effort by Alden in the past two years, following a failed bid to acquire USA Today owner Gannett Inc. in 2019 and a successful move to purchase Baltimore Sun owner Tribune Publishing this year. Alden Global has been criticized by its employees and industry experts for aggressive cost-cutting, but its executives say the reductions help preserve newspapers.</p>\n<p>Lee, whose publications include the St. Louis Post-Dispatch and Arizona Daily Star in Tucson,expanded last yearwhen it bought&nbsp;Berkshire Hathaway&nbsp;Inc.’s&nbsp;media-group newspaper business for $140 million. At the time, Lee was already managing dozens of newspapers for the company.</p>\n<p>Around the same time, MNG Enterprises Inc., a company backed by Alden, said it bought a 5.9% stake in Lee and planned to discuss the company’s strategy with its management.</p>\n<p>“We believe that as a private company and part of our successful nationwide platforms, Lee would be in a stronger position to maximize its resources and realize strategic value that enhances its operations and supports its employees in their important work serving local communities,” Alden Global said in a letter to Lee’s board of directors.</p>\n<p>Lee Enterprises is one of a few American newspaper chains of considerable size not owned by Alden Global, whose MediaNews Group unit is the publisher of roughly 70 daily newspapers, including the Denver Post and San Jose Mercury News.</p>\n<p>The hedge fund has forged an American media empire over the past decade by acquiring newspapers and imposing aggressive cost reductions that critics say amount to gutting local journalism.In an interview with The Wall Street Journal&nbsp;in 2020, Mr. Freeman said he never closed a paper, though he has merged titles to cut costs.</p>\n<p>Alden Global in 2019 clashed with USA Today publisher Gannett Co. when it made a bid to acquire the publisher and said that its management team hadn’t demonstrated it was capable of running the company effectively. Gannett rejected the bid and&nbsp;prevailed in a resulting proxy fight, retaining control of its entire board.</p>\n<p>Meanwhile, Alden Global was building up its position in another eventual target: Tribune Publishing Co., which it eventually acquired earlier this year despite a rival effort led by hotel executive Stewart Bainum. The deal,which valued the company at $635 million, brought publications such as the Chicago Tribune and New York Daily News under Alden’s umbrella.</p>\n<p>Jim Friedlich, chief executive of the Lenfest Institute for Journalism, the nonprofit owner of the Philadelphia Inquirer, said he expects Alden’s bid for Lee Enterprises to be successful in part because of the offer’s substantial premium.</p>\n<p>“While Alden’s cost-reduction practices have been widely criticized in the news business, no one can doubt their resolve and perseverance in completing deals once they show up at the table,” Mr. Friedlich said.</p>\n<p>Brent Baird, an investor who said he owns roughly 2% of Lee Enterprises, said that he hasn’t decided yet whether he supports Alden Global’s bid for the newspaper group. He said he bought the stock after Lee Enterprises purchased the Buffalo News from Berkshire Hathaway.</p>\n<p>“I didn’t buy my stock thinking that this was going to happen,” Mr. Baird said of Alden’s bid for Lee. “I bought the stock because it seemed reasonably priced.”</p>\n<p>On Friday, The Wall Street Journal reported that Iranian&nbsp;hackers infiltrated Lee’s computer systems&nbsp;as part of a broader effort to spread disinformation about the 2020 presidential election.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alden Global Looks to Buy Newspaper Publisher Lee Enterprises</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlden Global Looks to Buy Newspaper Publisher Lee Enterprises\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 14:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/alden-global-looks-to-buy-newspaper-publisher-lee-enterprises-11637603842?mod=hp_lista_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund, which recently acquired Tribune Publishing, offers Lee $24 a share\nAlden Global Capital’s deal earlier this year for Tribune Publishing brought newspapers including the Chicago Tribune ...</p>\n\n<a href=\"https://www.wsj.com/articles/alden-global-looks-to-buy-newspaper-publisher-lee-enterprises-11637603842?mod=hp_lista_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/articles/alden-global-looks-to-buy-newspaper-publisher-lee-enterprises-11637603842?mod=hp_lista_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118695727","content_text":"Hedge fund, which recently acquired Tribune Publishing, offers Lee $24 a share\nAlden Global Capital’s deal earlier this year for Tribune Publishing brought newspapers including the Chicago Tribune under the hedge fund’s umbrella.\nNew York hedge fund and U.S. newspaper consolidator Alden Global Capital LLC has made a proposal to take Lee Enterprises Inc. private in a deal that values the company at around $141 million.\nOn Monday, Alden Global offered to purchase the Davenport, Iowa-based media company, which has news operations in 77 U.S. markets, for $24 a share in cash. Lee’s shares closed Friday at $18.49 and were up 46% so far for the year. On Monday, shares in Lee jumped 27% to $23.40.\nIn a statement later Monday, Lee Enterprises said it had received Alden’s bid and would review it.\nThe bid to buy Lee Enterprises marks the third major acquisition effort by Alden in the past two years, following a failed bid to acquire USA Today owner Gannett Inc. in 2019 and a successful move to purchase Baltimore Sun owner Tribune Publishing this year. Alden Global has been criticized by its employees and industry experts for aggressive cost-cutting, but its executives say the reductions help preserve newspapers.\nLee, whose publications include the St. Louis Post-Dispatch and Arizona Daily Star in Tucson,expanded last yearwhen it bought Berkshire Hathaway Inc.’s media-group newspaper business for $140 million. At the time, Lee was already managing dozens of newspapers for the company.\nAround the same time, MNG Enterprises Inc., a company backed by Alden, said it bought a 5.9% stake in Lee and planned to discuss the company’s strategy with its management.\n“We believe that as a private company and part of our successful nationwide platforms, Lee would be in a stronger position to maximize its resources and realize strategic value that enhances its operations and supports its employees in their important work serving local communities,” Alden Global said in a letter to Lee’s board of directors.\nLee Enterprises is one of a few American newspaper chains of considerable size not owned by Alden Global, whose MediaNews Group unit is the publisher of roughly 70 daily newspapers, including the Denver Post and San Jose Mercury News.\nThe hedge fund has forged an American media empire over the past decade by acquiring newspapers and imposing aggressive cost reductions that critics say amount to gutting local journalism.In an interview with The Wall Street Journal in 2020, Mr. Freeman said he never closed a paper, though he has merged titles to cut costs.\nAlden Global in 2019 clashed with USA Today publisher Gannett Co. when it made a bid to acquire the publisher and said that its management team hadn’t demonstrated it was capable of running the company effectively. Gannett rejected the bid and prevailed in a resulting proxy fight, retaining control of its entire board.\nMeanwhile, Alden Global was building up its position in another eventual target: Tribune Publishing Co., which it eventually acquired earlier this year despite a rival effort led by hotel executive Stewart Bainum. The deal,which valued the company at $635 million, brought publications such as the Chicago Tribune and New York Daily News under Alden’s umbrella.\nJim Friedlich, chief executive of the Lenfest Institute for Journalism, the nonprofit owner of the Philadelphia Inquirer, said he expects Alden’s bid for Lee Enterprises to be successful in part because of the offer’s substantial premium.\n“While Alden’s cost-reduction practices have been widely criticized in the news business, no one can doubt their resolve and perseverance in completing deals once they show up at the table,” Mr. Friedlich said.\nBrent Baird, an investor who said he owns roughly 2% of Lee Enterprises, said that he hasn’t decided yet whether he supports Alden Global’s bid for the newspaper group. He said he bought the stock after Lee Enterprises purchased the Buffalo News from Berkshire Hathaway.\n“I didn’t buy my stock thinking that this was going to happen,” Mr. Baird said of Alden’s bid for Lee. “I bought the stock because it seemed reasonably priced.”\nOn Friday, The Wall Street Journal reported that Iranian hackers infiltrated Lee’s computer systems as part of a broader effort to spread disinformation about the 2020 presidential election.","news_type":1,"symbols_score_info":{"LEE":0.9}},"isVote":1,"tweetType":1,"viewCount":1981,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875647571,"gmtCreate":1637650440581,"gmtModify":1637650440749,"author":{"id":"3555032609535572","authorId":"3555032609535572","name":"GohKS","avatar":"https://static.tigerbbs.com/ddc1a9348de7602d7224f258a5a3fa00","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555032609535572","idStr":"3555032609535572"},"themes":[],"htmlText":"Please like and comment. Thank you.","listText":"Please like and comment. Thank you.","text":"Please like and comment. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875647571","repostId":"1116384605","repostType":4,"isVote":1,"tweetType":1,"viewCount":1797,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"posts","isTTM":false}