Scheduled Earnings Release, Pricing of Notes, Dividends, Promotions and Other Corporate Announcements - Research Report on Lamar Advertising, Gannett, Omnicom, Interpublic, and Scripps
NEW YORK, October 1, 2013 /PRNewswire/ --
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Today, Investors' Reports announced new research reports highlighting Lamar Advertising Co. (NASDAQ:LAMR), Gannett Co., Inc. (NYSE:GCI), Omnicom Group Inc. (NYSE:OMC), Interpublic Group of Companies Inc. (NYSE:IPG), and The E.W. Scripps Company (NYSE:SSP). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Lamar Advertising Co. Research Report
On September 26, 2013, the Lamar Advertising Company (Lamar) announced that it will release its Q3 2013 financial results (period ending September 30, 2013) before market opens on Wednesday, November 6, 2013. The Company informed that it will also host a conference call on the same day at 10:00 a.m. CT, to discuss the quarterly results which will be followed by Q& A session. Lamar stated that the live webcast of the call can be accessed via its website and a replay of the same will be available through November 13, 2013 at 11:59 p.m. EST. The Full Research Report on Lamar Advertising Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-27/LAMR]
Gannett Co., Inc. Research Report
On September 26, 2013, Gannett Co., Inc. (Gannett) announced the pricing of its senior notes due by 2019 (2019 Notes) and senior notes due by 2023 (2023 Notes) as previously announced. The Company stated that the 2019 Notes, priced at 98.72% of $600 million, has an interest rate of 5.13% while the 2023 Notes, priced at 99.09% of $650 million, has an interest rate of 6.38%. Gannett informed that the 2019 Notes may not be redeemed by the Company before October 15, 2016, while the 2023 Notes may not be redeemed by the Company prior to October 15, 2018, subject to certain exceptions. The Company expects the offering to close on October 3, 2013, subject to customary closing conditions. Gannett plans to use the net proceeds from the offering plus available cash to finance its acquisition of Belo Corp. and any remaining proceeds may be used for general corporate purposes. The Full Research Report on Gannett Co., Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-27/GCI]
Omnicom Group Inc. Research Report
On September 25, 2013, Omnicom Group Inc. (Omnicom) and Omnicom Capital - its wholly owned direct finance subsidiary, announced that the conversion rate for their Zero Coupon Zero Yield Convertible Notes due by 2032 (CUSIP Nos. 681919 AM8 and 681919 AV8 - the Notes) was adjusted in accordance to the terms of indenture governing the Notes. The Company informed that the new conversion rate, effective from September 24, 2013, is 18.25 shares of Omnicom's common stock per $1,000 principal stock of Notes as compared to the previous conversion rate 18.18 shares per $1,000 principal amount of the Notes. The Full Research Report on Omnicom Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-27/OMC]
Interpublic Group of Companies Inc. Research Report
On September 26, 2013, Interpublic Group of Companies Inc. announced that its Board of Directors has approved a dividend of $13.13 per share on its 5 1/4% Series B Cumulative Convertible Perpetual Preferred Stock to be payable by cash on October 15, 2013 to the shareholders of record at the close of business on October 1, 2013. The Company informed that there will be a maximum of 221,474 shares of the Series B Preferred Stock outstanding on October 1, 2013, which would result in a maximum possible aggregate dividend amount of c.$2.9 million. The Full Research Report on Interpublic Group of Companies Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-27/IPG]
The E.W. Scripps Company Research Report
On September 24, 2013, The E.W. Scripps Company (Scripps) reported that it has appointed Timothy E. Archuleta as Editor of the Corpus Christi Caller-Times with effect from October 21, 2013. According to the Company, Archuleta, a veteran Texas journalist in his 10 years of service with Company's San Angelo Standard-Times has led digital and print reporting efforts that won state and national accolades. Commenting on the appointment, Mizell Stewart III, Vice President of Content for the Scripps newspaper division said, "Tim's love for journalism, passion for community and understanding of multi-platform storytelling is an ideal fit for Corpus Christi and the Caller-Times." The Full Research Report on The E.W. Scripps Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-27/SSP]
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