lee enterprises is a publicly traded american media company .

it publishes 54 daily newspapers in 23 states , and more than 300 weekly , classified , and specialty publications .

lee enterprises was founded in 1890 by alfred wilson lee and is based in davenport , iowa .

the company also provides online services , including websites supporting its daily newspapers and other publications .

as of september 2013 , lee had 23.2 million unique web and mobile visitors , with 209.1 million pages viewed .

lee also owns 82.5 % of townnews.com , an internet service company .

the company offers commercial printing services to its customers .

lee enterprises is currently the fourth largest newspaper group in the united states of america .

the company acquired howard publications ( 16 daily newspapers ) for $ 694 million in 2002 and pulitzer , inc. ( 14 daily , over 100 non-daily ) , for $ 1.5 billion in 2005 .

since january 2012 , its executive chairman , mary junck , has also been chairman of the associated press .

lee enterprises

glassdoor has 191 lee enterprises reviews submitted anonymously by lee enterprises employees . read employee reviews and ratings on glassdoor to decide if lee enterprises is right for you .
all of lee ' s holdings are linked under a new corporate umbrella , lee enterprises inc .
news organization lee enterprises plans to purchase an illinois newspaper that serves parts of the quad cities .
lee enterprises reports earnings slump ,
billings gazette , july 25 , 1991 , p . c7 .
montana magazine purchased by lee enterprises ,
missoulian , may 1 , 1994 , p . b2 .
© copyright 2018 , lee enterprises , 201 n . harrison st . davenport , ia 52801 | terms of use
lee enterprises said berkshire hathaway hired it to run its newspaper and digital operations in 30 markets starting next week .
lee enterprises inc . said tuesday it would manage berkshire hathaway ' s newspaper and digital operations in 30 markets , beginning july 2 .
lee enterprises offers very good benefits . lee is a great company to work for with a friendly environment . world class customer service . room for personal growth and moving up in the company .
lee enterprises ( nyse : lee ) stock was flying high on tuesday on news of a deal with berkshire hathaway ( nyse : brk . a , brk . b ) . source : shutterstock
some say pulitzer inc . ' s sale to lee enterprises blew in quicker than a shotgun wedding . others saw it coming a mile away .
lee is based in davenport , iowa , and our stock is traded on the new york stock exchange under the symbol lee .
is berkshire hathaway smart or behind the times ? will be passing the reins of its bh media group to lee enterprises inc . the company will still own the the media conglomerate , but lee will be in charge of management .
we don ' t know much about lee enterprises ,
understates newspaper analyst john morton .
they don ' t stand out in any historical way .
lee enterprises , which owns the missoulian and several other newspapers and magazines in montana , has purchased independent publishing , including the missoula independent , the region ' s alternative weekly .
lee enterprises is a leading provider of local news , information and advertising in 48 markets in 21 states , with daily newspapers , rapidly growing digital products and nearly 300 specialty publications .
lee enterprises is a leading provider of local news , information and advertising in 50 markets in 22 states , with daily newspapers , rapidly growing digital products and nearly 300 specialty publications .
lee enterprises , incorporated ( lee ) , has joined with bh media group , inc , in an agreement for lee to manage berkshire hathaway’s newspaper and digital operations in 30 markets , beginning july 2 , 2018 . the agreement provides lee with flexibility to implement revenue initiatives and business transformation consistent with how it manages its own newspaper and digital operations in 49 markets , while berkshire hathaway continues as owner of bh media .
mike gulledge , vice president – publishing at lee enterprises , said both papers will remain editorially independent . the news coverage from each paper will remain separate , as will the advertising operations .
still , news of the sale to lee came as a shock to some , and left industry wonks scratching their heads .
so much for my prescience ,
marvels veteran newspaper analyst john morton , founder of morton research .
nowhere did lee enterprises figure .
lee discusses digital growth , strong local audiences at j . p . morgan conference
the firm is organized as a holding company under the name lee syndicate co .
“the dispatch - argus is a perfect strategic fit for lee , ” lee president and ceo kevin mowbray said in a statement . “it is adjacent to two of our iowa enterprises , in davenport and muscatine , so this will expand our audiences and create additional synergy opportunities . ”
i said that in my many years with lee i had never seen any “overt attempts at corporate dictation , or even of political collusion among several lee papers . ”
in my prairie lights column this sunday , i wrote about the same - day endorsements of u . s . house candidate greg gianforte in three montana daily newspapers , all of them owned by lee enterprises .
adler died in 1949 after 42 years of leadership , and loomis assumed the presidency . in 1950 , all of lee ' s holding were linked under a new corporate umbrella , lee enterprises , incorporated . the company was reorganized , and some of its newspapers were consolidated . in 1953 , lee ' s first television station , khqa - tv , began broadcasting to hannibal and quincy , illinois . one year later , lee started kglo - tv in mason city , iowa . loomis viewed the jump into television as a means of capturing the advertising market share that was shifting away from newspapers . he also continued to emphasize growth of lee ' s core publications divisions . just before retiring in 1960 , loomis oversaw the buyout of six montana newspapers for $ 6 million . also in 1960 , all of lee ' s holdings were officially consolidated under lee enterprises inc .
by buying up loans in recently bankrupt lee enterprises inc . , warren buffett’s berkshire hathaway had also purchased an over 4 % stake in the company , according to bankruptcy documents and a person familiar with the matter .
also during the 4th quarter , the company announced the elimination of 120 positions in its 15 - station television division . many of the positions impacted were at television properties emmis purchased in october 2000 from lee enterprises , and involve the natural integration and the strategic reallocation of resources from lee management to emmis management .
, because of its size and history , will be a hot paper for lee .
the founder of the publishing venture that would become lee enterprises , a . w . lee , was shaped by his conservative midwestern upbringing . soon after marrying , lee ' s parents moved from philadelphia to iowa city and became pioneer farmers . his mother abandoned her quaker roots , and his father left behind a family that was well placed in society . lee was exposed to both a strict upbringing and the newspaper business during his childhood . besides working as a bookkeeper for the muscatine journal , lee ' s father , john b . lee , enjoyed writing and kept a detailed diary of the family ' s affairs . even after his childhood , lee would be exposed to his father ' s stern business ethics and attention to detail while working under him as a bookkeeper .
efforts by staffers at the missoula independent to organize under lee enterprises gained the support of the state’s largest labor union on tuesday , with the mea - mft saying it is watching the process closely . ( more… ) continue reading →
davenport , iowa , april 26 , 2018 - - lee enterprises , incorporated , a major provider of local news , information and advertising in 49 markets , has scheduled an audio webcast and conference call for thursday , . . .
warren buffett ' s company has hired lee enterprises to manage the mostly smaller newspapers it has acquired since 2011 in 30 different markets . lee said tuesday it expects to collect $ 50 million in fees from the five - year agreement that should help bh media group ' s newspapers reduce costs .
in addition to the primary benefit of deploying lee ' s successful strategies at bh media , this alliance provides a significant expansion of operating scale , adding 30 markets to our own 49 ,
lee president kevin mowbray said .
lee enterprises is a leading provider of local news , information and advertising in primarily midsize markets , with 46 daily newspapers and a joint interest in two others , along with rapidly growing digital products and nearly 300 specialty publications in 21 states .
here’s some good news about all the bad news regarding lee enterprises , the iowa - based newspaper chain that owns the billings gazette and other newspapers in montana . employees at the lee - owned casper star - tribune are trying to unionize , according to a story by corey hutchins at the columbia journalism review . ( more… ) continue reading →
davenport , iowa , may 03 , 2018 - - lee enterprises , incorporated , a major provider of local news , information and advertising in 49 markets , today reported earnings of $ 2 . 5 million for its second fiscal quarter . . .
lee closes purchase of oregon newspaper group ,
wisconsin state journal , september 10 , 1997 .
ronald a . mayo , vice president , chief financial officer and treasurer of lee enterprises , incorporated ( lee ) , has announced he is resigning and returning to denver , colorado , for family considerations . mr . mayo , who has been on medical leave since april , said : “since joining lee in 2015 , i have been commuting between davenport and denver . kevin mowbray , lee president and chief executive officer , said : “ron has been a key member of our executive team , overseeing finance , i . t . , production and investor relations .
says retired post reporter roy malone :
through the guild contract , all employees get a healthcare plan , even the retirees . but we all expect to get a letter from lee enterprises saying they can ' t afford our healthcare any more .
staffers at the missoula independent took the first step this week in forming a union to preserve the paper’s independence under the ownership of lee enterprises , a corporate chain that owns five other papers in montana , including the missoulian . ( more… ) continue reading →
lee ' s newspapers have circulation of 0 . 9 million daily and 1 . 4 million sunday , reaching more than three million readers daily . lee ' s digital sites attract more than 25 million unique visits monthly .
lloyd g . schermer became president of lee in 1973 . the 46 - year - old schermer started with lee in 1954 after receiving his masters degree in business administration from harvard university . he moved from an advertising position to publisher of a lee newspaper by 1961 . schermer was an avid outdoorsman and , like all of the lee presidents before him , played a very active leadership role in local and regional volunteer programs . schermer also emphasized reporting and broadcasting integrity as an integral tenet of the lee enterprises philosophy , and he sustained the steady expansion and acquisition activity that had made lee a regional media contender . the first lee purchase under schermer ' s direction was kgmb - tv of honolulu , hawaii , in 1976 . lee also picked up koin - tv in portland , oregon , in 1977 , and purchased the bismarck tribune ( north dakota ) in 1978 . in 1979 , and 1980 , moreover , the company acquired newspapers in illinois and minnesota . acquisitions of tv stations in new mexico , arizona , and nebraska followed in 1985 and 1986 .
after lee bought the paper , there were a lot more resources ,
says ken ma , who until recently worked as a reporter at the lee - owned north county times , which serves north san diego county .
i wanted to write stories that were more readable . lee wanted us to move in that direction .
in 1937 , lee purchased its first broadcasting unit , kglo , a radio station in mason city , iowa . in 1941 , it purchased interests in a nebraska station , and in 1944 lee bought wtad , of quincy , illinois . lee ' s extension into the broadcasting industry was led by lee p . loomis , who had started with lee in 1902 as a farm - to - farm subscription solicitor . loomis was a nephew of a . w . lee and had worked his way up to become publisher of one of lee ' s newspapers . adler had disagreed with loomis about whether or not the company should get into radio but relented under the condition that the investments begin to show a profit within two years . despite several hurdles , loomis achieved profitability in radio . lee ' s radio holdings were eventually jettisoned , however , in response to federal communication commission requirements regarding simultaneous ownership of radio and newspaper concerns .
cross , wilbur , lee ' s legacy of leadership , essex , conn . : greenwich publishing group , 1990 .
in october 2000 , the lee enterprises television group , including koin , was purchased by emmis communications . on january 27 , 2006 , emmis sold koin ( along with khon - tv / honolulu , ksnt / topeka , and ksnw / wichita ) to montecito broadcast group for $ 259 million .
principal subsidiaries : lee procurement solutions company ; lee publications inc . ; sioux city newspapers ; journal star printing company ; lee consolidated holdings company ; accudata inc . ; lint company ; target marketing systems inc . ; k . falls basin publishing inc . ; madison newspapers inc . ( 50 % ) ; inn partners l . c . ( 81 % ) .
post - dispatch publisher terrance c . z . egger ( left ) and pulitzer inc . president and ceo robert woodworth announce the sale of the company to lee enterprises , inc . sec filings indicate that egger holds roughly $ 9 . 3 million in pulitzer stock , woodworth an estimated $ 25 million .
lee enterprises inc . shares surged 56 % in premarket trade tuesday , after the company said it is teaming up with bh media group inc . to manage berkshire hathaway inc . ' s newspaper and digital operations in 30 markets , effective july 2 . under the terms of the deal , berkshire will remain owner of bh media , but lee will be able to implement revenue initiatives and other strategies that are in line with how it manages its own papers . davenport , iowa - based lee has nearly 300 weekly and specialty publications serving 49 markets in 21 states .
the pulitzer purchase has the potential to deliver something else to lee : respect . the company may have a genius for turning a buck , but historically lee ' s cupboard has been pretty bare when it comes to that other journalistic currency , the award .
news publisher lee enterprises inc . said tuesday it will manage dozens of daily and weekly newspapers owned by warren buffett’s berkshire hathaway inc . beginning july 2 . davenport , iowa - based lee , which owns newspapers and other print products in 21 states , said it will implement revenue strategies consistent with how it manages its own operations . berkshire will continue to own the newspapers , which are currently held in a unit called bh media group inc .
steinberg , brian ,
lee thinks small to achieve big things ,
wall street journal , march 27 , 2002 , b5 .
^
lee enteprises buys rest of koin - tv stock
. the oregonian , april 29 , 1977 , p . 1 .
when michael pulitzer announced that pulitzer inc . had been sold to iowa - based lee enterprises , inc . , the news sounded more like a storybook wedding than a $ 1 . 46 billion business deal .
lee and pulitzer share similar cultures and values ,
pulitzer stated in a january 30 press release .
[ w ] e couldn ' t have found a better steward to continue pulitzer ' s 125 - year legacy of journalistic excellence .
“the industry’s economic fortunes have changed for the worse since the ‘great recession’ of 2008 . corporate ownership by publicly - traded companies like gannett , gatehouse , mcclatchy and lee enterprises ( which owns this newspaper ) has become the norm . independent and family - owned newspapers with deep roots in their local communities are disappearing from the landscape .
asked whether the acquisition would result in staff reductions , a lee spokesman said the company does not comment on staffing levels at individual newspapers .
lee enterprises recently implemented another round of staff cuts at its montana newspapers , including the billings gazette , the largest newspaper in the state . at the gazette , it appears that at least seven people were laid off or agreed to take buyouts in recent weeks , including up to three people in the newsroom . ( more… ) continue reading →
warren buffett’s berkshire hathaway inc . struck a deal for lee enterprises inc . to manage its newspapers in 30 markets as the billionaire seeks a way to grapple with falling revenue in the media industry . berkshire will pay lee to manage the papers and work to transform the businesses in exchange for an annual fee of $ 5 million plus a percentage of profits above benchmarks over five years , lee said tuesday in a statement . terry kroeger is stepping down as chief executive officer of bh media group , which controls some of berkshire’s papers , according to the omaha world - herald , one of the companies included in the deal .
new york , ny / accesswire / june 27 , 2018 / lendingtree closed down over 8 % on tuesday despite any catalyst . earlier this month the company completed its acquisition of credit service provider ovation credit services . shares of lee enterprises were gaining steam after announcing that it has been hired by warren buffett ' s berkshire hathaway to manage its newspapers .
in my prairie lights column this sunday , i wrote about the same - day endorsements of u . s . house candidate greg gianforte in three montana daily newspapers , all of them owned by lee enterprises . i said that in my many years with lee i had never seen any “overt attempts at corporate dictation , or even of political collusion among several lee papers . ” i hope it was clear that my reference to corporate dictation referred only to matters of political endorsements and such . in other matters—those that most closely affect readers—there was never - ending corporate control , and apparently it’s only getting worse . in a remarkable good - bye column published friday , chris rush announced to readers of the world , a lee - owned newspaper in coos bay , ore . , that he was stepping down as publisher . continue reading →
but then suddenly it veers off into territory that most likely has never been explored before in a lee newspaper . if any other employee of a lee newspaper had tried to put this stuff in his or her good - bye column , i’m sure the publisher would have killed it . but when you’re the publisher…
and the announcement quotes mike gulledge , publisher of the billings gazette and the missoulian and also the overseer of lee newspapers in multiple states , including oregon .
johnson , charles s . ,
lee publishers , governor deny making sales - tax deal ,
missoulian , may 25 , 1993 , p . b1 .
lee enterprises inc . is a leading newspaper publisher of daily newspapers in mid - size markets found in the pacific northwest , midwest , and northeastern united states . it owns and has stakes in approximately 45 newspapers that have a combined circulation of 1 . 1 million daily and 1 . 2 million sunday . the company also publishes nearly 200 weekly newspapers , shoppers , and classified and specialty publications , and maintains web sites for many of its papers . lee sold off its broadcast holdings in 2000 in order to focus on its core printing and publishing operations .
adler ran lee syndicate until 1947 . during that period he perpetuated a . w . lee ' s legacy of ethical reporting and community service . in addition , he sustained efforts to expand the company by acquiring other newspapers and improving their performance . in 1915 , he purchased the democrat , a davenport , iowa , newspaper . by 1930 , he had added five newspapers to the lee fold , including publications in nebraska and illinois . the firm was organized as a holding company in 1928 under the name lee syndicate company before postponing its acquisition activity during the depression years . when it did resume expansion efforts , adler took the company in a new direction .
murphy , h . lee .
peapod ' s single - market profit seen as signal event .
crain ' s chicago business , may 28 , 2001 .
three new board members have been appointed : mary junck , executive chairman of lee enterprises , an american newspaper publisher that owns some 54 daily papers and in 2013 went through its own recapitalization following a bankruptcy and subsequent bailout by billionaire warren buffet’s berkshire hathaway ; american media inc . ceo david pecker , whose company owns and publishes celebrity and lifestyle publications including the national enquirer ; and hr executive daniel rotstein .
it ' s a strategy that has served lee well , allowing the company to reap a net income of $ 86 million from its combined operations this past fiscal year .
marks , mitchell lee . 2003 . charging back up the hill : workplace recovery after mergers , acquisitions , and down - sizings . san francisco : jossey - bass .
so perhaps it is a marriage of equals : lee brings the brawn , pulitzer the brains .
lee admires what the pulitzer family has done for journalism in st . louis and throughout the united states ,
junck was quoted as saying in a february 1 post article . the comment put a more genteel slant on her earlier , fresh - from - the - bargaining - table assessment : that pulitzer was
another terrific acquisition for lee . . . in both order of magnitude and revenue growth opportunities .
“the thing that alt weeklies bring to the community , where they’re strong and vibrant , is they often push the daily or major outlets on stories they feel might not be covered correctly , ” he said . “it’s an alternative check on what the media is doing as much as they are on what the government is doing . so when they take the missoulian on , will lee ( enterprises ) be ok with that ? ”
lee banville , an associate professor at the university of montana’s school of journalism , said it’s not unprecedented for a daily paper to buy a so - called “alt weekly . ”
in addition to expanding lee ' s holdings , schermer drew on his harvard - taught management techniques to whip the company ' s organizational structure into shape and boost its operating efficiency . like a . w . lee and his successors , schermer believed in a relatively high level of autonomy for lee ' s division managers , who knew better than central management how to serve their local markets . however , schermer brought a new emphasis on productivity to the company . augmenting his technical style was a penchant for taking calculated risks . schermer came from a family of entrepreneurs and was not afraid to test new waters at lee . in 1983 , for example , schermer initiated call - it co . as a subsidiary of lee . research and development of the innovative venture , which was inspired by schermer ' s interest in the ballooning market for telecommunications services , continued into the early 1990s .
madison newspapers inc . , publishes the wisconsin state journal and the capital times . mni also publishes the daily citizen in beaver dam , the baraboo news republic , the portage daily register and the shawano leader , as well as other publications in wisconsin . lee enterprises owns 50 % of madison newspapers inc . and supplies news and editorial content for the wisconsin state journal . the capital times company oversees news and editorial content of the capital times .
despite lee ' s financial successes , the newspaper industry , as well as most other media sectors , encountered setbacks during the economic recession of the late 1980s and early 1990s . as the economy slumped , advertising revenues sagged . furthermore , the newspaper industry , which accounted for the bulk of lee ' s sales , was struggling under the pressure of increased competition from electronic media . fortunately , lee was able to endure the downturn unscathed , unlike many of its industry peers . its stability was largely a result of geography : most of its holdings were located in the economically healthy upper midwest . nevertheless , lee ' s net income slipped to $ 31 . 5 million in 1991 before buoying back up to about $ 39 million in 1992 .
london , uk / accesswire / june 28 , 2018 / if you want access to our free research report on lee enterprises , inc . ( nyse : lee ) , all you need to do is sign up now by clicking the following link urltoken as the company ' s latest news hit the wire . on june 26 , 2018 , the company announced that it has signed an agreement with bh media group , inc . to manage berkshire hathaway inc . ( nyse : brk - a , brk - b ) ' s newspapers and digital operations in 30 markets . bh media is a company owned by billionaire investor warren buffett ' s berkshire hathaway .
by 1990 , the year of its 100th anniversary , lee was operating 19 newspapers in small - to medium - sized towns and six television stations broadcasting to 13 states . it also owned and operated in excess of 30 specialty publications , most of which were magazine - like weeklies in the upper midwest that carried classified advertisements . in addition , the company operated four printing facilities , napp systems inc . , and voice response , inc . ( call - it co . ) . despite heavy borrowing to feed its capital - intensive expansion program , the company was financially healthy and had succeeded in minimizing its debt load . indeed , by 1990 lee enterprises was raking in $ 287 million annually and capturing $ 44 million per year in net income . as a result of its 1990 acquisitions , moreover , lee ' s revenues leapt to $ 346 million .
adler served as president of lee for ten years , during which he continued to increase its operations and holdings . in 1960 , for example , keyc - tv of mankato , minnesota , began broadcasting . in 1967 , the company moved all of its newspaper and broadcasting divisions to a new corporate headquarters in davenport , and in 1969 lee made its first public stock offering to raise cash for a new round of acquisitions . shortly thereafter , lee bought the journal times in racine , wisconsin , and the corvallis gazette - times of corvallis , oregon . it also completed the acquisition of a few newspapers in which it held a partial interest . by the time adler retired in 1970 , lee was a diversified radio , television , and newspaper company active in ten midwestern and western states .
recognizing the potential to improve and then profit from other holdings , lee bought his old hometown newspaper , the muscatine journal , from his brother - in - law in 1903 . in 1907 , he picked up the hannibal courier - post , a newspaper in nearby missouri , and the la crosse tribune in wisconsin , which was just north of lee ' s iowa operations . lee achieved gains with those papers similar to those he had enjoyed with the daily times . his recipe for success was relatively straightforward : find a newspaper with promise in a small - to medium - sized town , increase its circulation and advertising sales , and hire an astute manager to operate it . an important element of lee ' s strategy was management autonomy . the management team of each of his papers was allowed to run the organization almost as though it was their own business . lee believed that each publication should be financially independent and should not rely on resources from his other holdings to support it .
debbie bosanek , an assistant to mr . buffett , denied that berkshire received more than 4 % of lee’s shares through the purchase of the loans . she declined to specify how many shares the firm received .
the one thing the second story does not mention is chris rush . that’s right , just two days after he announced he was leaving , lee publishes a story about rush’s successor while failing to mention rush’s name .
before lee took a job with his father at the muscatine journal , he distinguished himself at the age of 13 by being the youngest student ever admitted to the state university of iowa . while he excelled at mathematics , lee knew at that early age that he wanted to pursue a career related to writing and editing . he was an admirer of the writings of ralph waldo emerson and always carried small pocket books of emerson ' s essays wherever he went . lee subscribed to emerson ' s motto
trust thyself ,
which meant that individuals could improve their lives if they believed strongly in what they were doing and what they wanted to achieve .
ma notes that under lee ' s ownership , his paper sent a reporter and photographer to iraq on three separate occasions - - quite a feat for a paper with a reported daily circulation of roughly 93 , 000 .
as lee slowly added new radio and television holdings to its portfolio during the early 1990s , its balance sheet began to reflect the economic recovery . sales swelled to $ 373 million in 1993 as net income rose to about $ 41 million . furthermore , the company anticipated receipts of about $ 400 million during 1994 based on surging sales early in the year . under gottlieb ' s direction , lee was beginning to eye new markets for growth , such as farm magazines , book publishing , and electronic multi - media opportunities . in addition , lee ' s napp subsidiary had developed and was selling a breakthrough photosensitive polymer printing plate that was receiving widespread market acceptance .
encouraged by the growth of the daily courier , lee began seeking a way to expand his publishing operations near the turn of the century . in 1899 , he purchased the davenport times , whose name he changed to the daily times , thus initiating a newspaper syndicate . he sent an associate and long - time muscatine journal employee , e . p . adler , to help run the new concern . lee had considered a number of potential acquisitions but selected the davenport times because of its solid reputation , untapped readership potential , and advertising opportunities . it was soon clear that lee ' s perception of the publication ' s potential was correct , as readership and revenues climbed .
“i’m excited to bring the independent and its talented staff under lee’s umbrella , ” said gibson . “together , we’ll maximize our resources to deliver strong local reporting , and we’ll offer unbeatable audience reach and marketing savvy for advertisers . ”
from 1999 to 2003 , woodworth earned more than $ 19 million in salary , stock awards , options and bonuses . according to pulitzer ' s 2004 proxy statement filed with the sec , he holds more than $ 25 million worth of stock in the company - - and that ' s to say nothing of stock awards , salary or bonuses he received last year and in relation to the company ' s sale . by comparison , mary junck , woodworth ' s counterpart at lee enterprises , reported her total compensation for 2003 at roughly $ 4 . 4 million .
davenport - based lee owns another newspaper serving the quad cities , the quad - city times , and a number of other iowa papers . they include the mason city globe gazette , the muscatine journal and the waterloo - cedar falls courier .
this thing was sealed up months and months before ,
speculates roy malone , who worked as an investigative reporter at the post - dispatch until retiring in 2000 .
they knew lee was going to buy it last fall .
many current and former lee employees have good things to say about the company - - though they ' re quick to point out the difference in size between their papers ( which usually sport circulations under 100 , 000 ) and the post .
london , uk / accesswire / may 14 , 2018 / if you want access to our free research report on gannett co . , inc . ( nyse : gci ) , all you need to do is sign up now by clicking the following link urltoken as the company ' s latest news hit the wire . on may 10 , 2018 , the company announced that it has inked a deal to acquire wordstream , inc . , a provider of cloud - based software - as - a - service ( saas ) solutions , for approximately $ 130 million in cash plus up to $ 20 million payable in 2019 and 2020 based on achieving certain revenue targets . urltoken is currently working on the research report for lee enterprises , incorporated ( nyse : lee ) , which also belongs to the services sector as the company gannett .
lee ' s markets include madison , wis . ; lincoln , neb . ; davenport , iowa ; st . louis , mo . ; billings , mont . ; bloomington , ill . ; tucson , ariz . ; and napa , calif .
conglomerate mergers can supply a market or
demand
for firms , thus giving entrepreneurs liquidity at an open market price and with a key inducement to form new enterprises . the threat of takeover might force existing managers to increase efficiency in competitive markets . conglomerate mergers also provide opportunities for firms to reduce capital costs and overhead and to achieve other efficiencies .
then again , pulitzer was probably worth it . she brings with her a golden dowry , in the form of an annual operating revenue in excess of $ 400 million . the acquisition vaults lee into the media big leagues , catapulting annual revenues to more than $ 1 . 1 billion . once the deal closes sometime in the next few months , lee will rank as the fourth - largest newspaper publisher in terms of dailies owned and seventh in combined daily circulation ( 1 . 7 million ) .
contreras says he only learned that a deal was in the works in late september of last year - - roughly two months before post employees were informed that goldman sachs had been brought onboard and four months before the sale to lee was announced publicly .
morton and his fellow industry - watchers could perhaps be forgiven their lack of foresight . until the sale was announced , lee enterprises was a veritable unknown on the national stage , and pulitzer brass were tight - lipped until the ink was drying on the deal . privately , pulitzer execs had known since at least september that a deal was in the works . but when pulitzer president and chief executive robert woodworth announced to the post - dispatch newsroom last fall that the company had hired investment - banking firm goldman sachs & co . to explore
strategic alternatives ,
he stopped short of saying the company was up for sale .
unsurprisingly , three montana daily newspapers , all owned by lee enterprises , have come out in support of greg gianforte , the republican candidate in the special election to fill montana’s vacant ( and only ) seat in the u . s . house . you can read what the editorial boards of the billings gazette , the missoulian and the helena independent - record had to say , or you could just glance at one of them , because they all said essentially the same thing : that in these perilous times we need somebody who can get right to work , which they claim gianforte is ready to do . ( more… ) continue reading →
lee was founded in 1890 in iowa , by a . w . lee . most of our papers trace their beginnings to the mid - 1800s . among our alumni , teenage sam clemens wrote for the muscatine journal in iowa before becoming world - renowned as mark twain . a reporter from our newspaper in bismarck , north dakota , died with george custer at the battle of the little big horn . in 1973 , our newspaper in davenport , iowa , became the first in the world to be produced totally by computer .
a few years after graduating from college , lee succeeded his father as head bookkeeper at the muscatine journal . however , because he wanted to write , he left that secure position to work for the chicago times . following a two - year stint as a writer and part - time editor , he returned to iowa . after getting together $ 16 , 000 , which was most of his savings combined with money invested by family and friends , the 32 - year - old lee bought the ottumwa daily courier in 1890 . he then began to shape it into what he believed a newspaper should be : a medium that served the local community and had a duty , as well as a right , to provide the most reliable and most provocative news available . above all , lee believed his newspaper should conform to a high ethical standard that would instill confidence in its readers . lee ' s writing and editing skills , combined with his training as a bookkeeper , contributed to his success in this new venture during the 1890s . furthermore , his emphasis on integrity and journalistic responsibility , which is documented in company annals , became a hallmark of the daily courier . during the 1890s , lee ' s two sons died , and to that misfortune was attributed his noted determination to help young men achieve success in his company .
david k . gottlieb succeeded adler . gottlieb started working for lee in 1936 and worked his way up through the ranks to vice - president of the entire company by 1967 . he served only three years before he died unexpectedly of a heart attack in 1973 . his most important contribution to lee during that period was the initiation of a joint venture with nippon paint co . , ltd , of japan . in 1972 , the two companies formed napp systems inc . to manufacture an advanced printing device for sale to the publishing industry . napp ' s innovative printing plates significantly sped up the plate - making process and reduced the number of people required to accomplish a specific task by as much as 50 percent . also under gottlieb ' s leadership , lee purchased wsaz - tv , an nbc affiliate in north carolina , and wmdr - fm in illinois .
in 1986 , schermer became chief executive officer of the company and richard d . gottlieb , son of david gottlieb , took over as president . the two ran the company together , with schermer slowly transferring supervision of day - to - day management duties to gottlieb . gottlieb had been with the company since 1964 and worked his way up to vice - president of newspapers by 1980 . known for his human relations and managerial skills , gottlieb maintained the management style and growth strategy that had become a legacy of lee enterprises . in 1990 , he oversaw the acquisition of the rapid city journal ( iowa ) and helped to complete the 100 percent purchase of napp systems inc . for $ 100 million .
long - time newspaper executive mary junck was at the helm of lee as president and ceo by 2001 . she was named chairman in 2002 after gottlieb retired . eager to make use of the funds stemming from its broadcasting sell - off , junck made it clear that the firm was looking to purchase daily newspapers in lucrative markets with circulations from 30 , 000 to 125 , 000 . she orchestrated the largest deal in company history in 2002 when she announced the $ 694 million acquisition of howard publishing inc . overall , lee added 16 daily newspapers to its holdings as a result of the buyout and became the 12th largest newspaper company in the united states . it acquired iowa ' s daily sioux city journal later that year . by early 2003 , lee ' s revenue had climbed by 58 . 9 percent and its daily circulation was up by 75 percent to 1 . 13 million .
koin - tv began operating on october 15 , 1953 , as portland ' s first vhf tv station . [ 2 ] [ 6 ] at the time , it was jointly owned by mount hood radio and television broadcasting corporation ; newhouse broadcasting corporation ( now advance publications ) , owner and publisher of the ( portland ) oregonian ; local investors and marshall field ' s department stores . [ citation needed ] newhouse and mount hood also shared ownedship of koin radio ( am 970 and 101 . 1 fm ) . eventually , marshall field sold its stake to newhouse . lee enterprises purchased koin - tv in april 1977 from mt . hood broadcasting corporation ( 50 - percent owner ) and newhouse broadcasting ( 50 - percent owner ) . [ 7 ]
lee announced monday that it has entered into an agreement to buy the dispatch - argus for $ 7 . 15 million from kankakee , ill . - based small newspaper group . the dispatch - argus has a daily average circulation of 25 , 000 and serves moline and rock island , according to a statement .
another hand - wringer : employee pensions . like many companies these days , lee does not have a pension plan . instead , it matches employee contributions to their 401 ( k ) retirement plans . pulitzer inc . provides a pension plan for employees who have been with the company for five years or more .
berkshire will continue to own bh media group , which has 30 daily newspapers including its hometown omaha world - herald in nebraska and 47 weekly newspapers , and retain editorial control . berkshire had invested in lee in the past .
i love our newspapers and am passionate about the vital role they serve in our communities ,
buffett said in a statement .
the company ' s achievements over the past several years left it in an enviable position among its competitors . lee was reporting increases in sales and profits when many in the industry were suffering due to a weak economy and slowing advertising revenues . to ensure success in the years to come , junck set forth five key operating priorities that included growing revenue creatively and rapidly , improving leadership and circulation , emphasizing local news , building an online future , and exercising careful cost controls . employees at company headquarters carried cards with these priorities printed on them . as it focused on the future , lee continued to draw on many of the principles established by its founder to achieve prosperity and to serve as a responsible leader in the newspaper industry .
the paper ' s executive editor , william nangle , declined to comment about the incident . lee ' s vice president for news , david stoeffler , says he was unaware of any issues about the cancer story .
it was very good work ,
he says .
coincidentally i left a copy of it behind at the newsroom at the post - dispatch .
“independent publishing is an excellent addition to the lee portfolio in montana and further expands our already strong audience in missoula and the surrounding communities , ” said gulledge , who also is regional publisher of the billings gazette , missoulian and ravalli republic . “i look forward to working with matt gibson and the independent team to build on the success they have generated in the missoula region . ”
in a remarkable good - bye column published friday , chris rush announced to readers of the world , a lee - owned newspaper in coos bay , ore . , that he was stepping down as publisher . the first part of the column is pretty standard fare , with rush describing his lifelong love affair with newspapering , noting the sacrifices made by him and his family , etc .
there are other causes for concern among the staff . under pulitzer , domestic partners of post employees received health insurance ; lee rarely extends benefits to unmarried partners .
we haven ' t made public what our plans are for pulitzer employees ,
says the company ' s communications director , dan hayes .
[ but ] most of our newspapers do not offer domestic - partner benefits .
from that point of view , the marriage metaphor wasn ' t much of a stretch . pulitzer brought to the chapel the name and storied past , while lee was the quiet suitor , a product of good , responsible breeding . both are newspaper - only operations whose publications concentrate heavily on local coverage . both invest local editors with a lot of autonomy and believe the best way to grow a newspaper is to increase revenue , not starve the newsroom .
loomis passed the baton to philip adler , the son of e . p . adler . the younger adler had worked as a reporter , editor , and then publisher for lee since 1926 and had also served as editor on both his high school and college newspapers during the 1920s . like those before him , e . p . adler maintained the company ' s emphasis on integrity and honesty . earlier in his career , adler was tested by a series of investigative pieces he wrote about a local businessman . several readers canceled their subscriptions in protest , but adler stuck to his story . after the businessman fled town with much of their money , most of those subscribers renewed . in addition to a strong code of ethics , adler also worked to improve the quality of lee ' s newspapers . he ended the practice of running many syndicated columns and press releases , for example , and instead encouraged his publishers to generate copy in - house .
but the jackpot winners of lee ' s $ 64 - per - share buyout are members of the pulitzer family - - minus , of course , the exiled joe iv . according to the most recent sec documents , emily pulitzer will reap more than $ 400 million from the sale , while michael pulitzer stands to collect more than $ 120 million . pulitzer cousin david moore will cash in more than $ 190 million . ( michael and emily pulitzer did not return phone calls seeking comment on the sale . )
as a cbs radio affiliate , koin - am was the local home for cbs radio network programs such as the cbs world news roundup , lux radio theater , and suspense ( koin ' s own history page has omissions and errors in its early days . koin radio signed on the air as kqp on november 9 , 1925 and changed call sign to koin on april 12 , 1926 . koin became a cbs radio affiliate on september 1 , 1929 . from : craig adams , radio historian ) . an fm station , koin - fm ( at 101 . 1 fm ) , was added in 1948 . both stations were owned by field enterprises , inc . from 1947 until sold in 1952 to the mount hood radio and television broadcasting corporation . [ 3 ]
shortly after launching his aggressive acquisition program , lee died as a result of heart failure during a 1907 vacation in europe . because he had hired capable and independent managers , however , the company was in good hands . adler was selected to head the lee syndicate , as it had become known , and co - worker jim powell became his vice - president . adler , once described as
a fire - eating and adventurous but resourceful pioneer ,
complemented powell ' s more cautious nature . adler ' s colorful life was evidenced in 1917 when several men attempted to kidnap him from a hotel , stuff him in a trunk , and hold him for $ 40 , 000 ransom . adler was able to fend off the kidnappers as they beat him and captured one of them with the help of passersby . all of his attackers were eventually convicted , and one hanged himself in jail . immediately after the renowned event , adler sent this telling radiogram message to his family :
have suddenly become famous . slightly injured . nothing serious . home tonight . don ' t worry . - - dad .
lee ' s growth strategy continued in the late 1990s and into the new century . the firm acquired the pacific northwest publishing group in 1997 , which strengthened its foothold in oregon and the surrounding northwest region . other dailies and weeklies were added the company ' s arsenal in the following years , including the ravalli republic , the beatrice daily sun , the columbus telegram , and the fremont tribune . at this time , the company opted to focus solely on its core publishing and printing operations . as such , it sold most of its broadcasting holdings to emmis communications corp . in 2000 in a $ 560 million deal .
even if specifics were in short supply , to many outside observers the gist of woodworth ' s tortured syntax was clear : he was writing the last chapter of death of a dynasty . far from a fairy - tale romance , the roots of this narrative could be traced back to the 1993 death of joseph pulitzer iii . the saga continues through the banishment of scion joseph pulitzer iv and reaches its denouement with the 1999 hire of robert woodworth , leading inexorably to the sale to lee . ( for more on the pulitzer family , see
pulitzer ' s pain ,
published in last week ' s issue . )
others at lee - owned papers are less encouraging . at the times in northwest indiana , ed collier , a photographer , quit last year citing the paper ' s handling of a package that chronicled a woman ' s fight with cancer .
it was a great package , beautifully done ,
says collier , who did not work on the package .
but in the last two pages there were funeral - home ads . i ' m not sure it was a breakdown in the wall between advertising and editorial , but it just seemed to me to be in very poor taste . it was kind of like , ' are you thinking about dying ? well , here ' s a good funeral home . '
news corp is a network of leading companies in the worlds of diversified media , news , education , and information services .


pt . panin sekuritas tbk . ( idx : pans ) is a financial services company specializing in stock brokerage based in jakarta , indonesia .

it was awarded the " best securities company " in 2006 and 2007 by investor magazine ; " best managed companies " in 2010 by financeasia .

panin sekuritas is panin group 's division for securities and mutual fund management .

panin sekuritas

glassdoor has 2 panin sekuritas reviews submitted anonymously by panin sekuritas employees . read employee reviews and ratings on glassdoor to decide if panin sekuritas is right for you .
glassdoor gives you an inside look at what it ' s like to work at panin sekuritas , including salaries , reviews , office photos , and more . this is the panin sekuritas company profile . all content is posted anonymously by employees working at panin sekuritas .
it ' s free to post and participate in panin sekuritas tbk . ' s discussion .
kind of interests , passion and hobbies : business - leadership description : serves as president commissioner of several companies affiliated with panin group , including panin dai - ichi life , panin sekuritas , panin financial , and clipan finance indonesia .
anz securities signed agreement with pt panin sekuritas to become first australian broker to enter indonesian market .
pans . jk ? p = pans . jk historical prices | panin sekuritas tbk . stock - yahoo finance
data as of jul 09 2018 . currency figures normalised to panin sekuritas tbk pt ' s reporting currency : indonesian rupiah idr
pt panin sekuritas ( broker ) is the stockbroking division of pt panin sekuritas tbk ( jk : pans ) in indonesia . founded in 1989 , the firm is located in jakarta and provides research , market information and order execution services to individual and institutional clients .
healthy growth in indonesia ' s financial sector prompted the company ' s name change to pt . panin sekuritas . this was also part of panin group ' s effort to standardize its company divisions naming convention .
mr . mu ' min ali gunawan serves as president commissioner of pt panin sekuritas tbk since 1991 . he was one of the founders and shareholders of the three banks that merged into panin bank in 1971 . he is currently serving as adviser of pt panin bank tbk , president commissioner pt paninvest tbk , president commissioner of pt panin insurance , president commissioner of pt panin financial tbk and president commissioner of pt clipan finance indonesia tbk .
the company was founded in 1989 as the ' panin group ' set up a private securities firm with the name pt . panin sekuritasindo . in 1991 the company opened to new investors and financial partners , and subsequently changed their name to pt . nusamas panin .
in 2000 , panin sekuritas became a publicly listed and traded company at indonesia stock exchange after several years of consistent growth and profit . with this , the company was allowed by indonesia ' s capital market and financial institution regulation body to append
tbk .
to its name to describe that it is a public company . officially renamed to pt . panin sekuritas tbk .
there are two distinct company logos . the first is a blue three - leaf clover to describe its affiliation to indonesia ' s financial panin group . the design of three - leaf illustrates the three financial divisions of panin group : banking , life insurance and securities . the second is the word
panin sekuritas
which describes that this is the securities company part of the group .
pt panin sekuritas tbk is an indonesia - based company primarily engaged in provisioning investment management services through its subsidiary , pt panin asset management . the business activities of the company itself is provisioning securities brokerage services ; underwriting services ; customer financing , such as margin financing and reverse repo , and research , including technical and fundamental an
mr . prama nugraha serves as corporate secretary and director of pt panin sekuritas tbk since may 31 , 2016 . he was appointed as secretary in 2005 . he graduated from trisakti university , jakarta majoring in industrial engineering in 1998 and university of indonesia , magister of management , in 2001 . started his carrer in the capital market in 2000 as a corporate finance officer at pt panin sekuritas tbk . in 2007 he was promoted as a manager corporate finance .
pt panin sekuritas tbk is an indonesia - based company primarily engaged in provisioning investment management services through its subsidiary , pt panin asset management . the business activities of the company itself is provisioning securities brokerage services ; underwriting services ; customer financing , such as margin financing and reverse repo , and research , including technical and fundamental analysis . the company also offers its own online securities trading platform , marketed under the name post . it is a member of indonesia stock exchange .
mr . kun mawira serves as a commissioner of pt panin sekuritas tbk since 1991 . in 1979 he was involved in the founding of pt rana sankara and has been serving as its president director since 1984 . he has been actively monitoring indonesian capital market since 1988 . from 1990 to 1991 , he was a commissioner at pt nusamas sekurindo .
ms . rosmini lidarjono serves as vice president director of pt panin sekuritas tbk since june 9 , 2017 . she graduated from sekolah tinggi ilmu ekonomi indonesia in 1989 . she started her career at pt bank central asia in 1989 until 1991 . she was assistant manager of pt bali securities and company ' s chief of accounting and finance ( 1996 ) .
mr . aries liman serves as vice president commissioner of pt panin sekuritas tbk since 1991 . he obtained a degree from the faculty of chemical engineering of karlsruhe university , germany ( 1979 ) . he holds licenses from bapepam - lk as securities underwriter representative and investment manager representative . he was with pt unilever indonesia tbk , henkel indonesia and arnold otto meyer .
pt panin sekuritas tbk is engaged in providing securities brokerage and underwriting services . it operates through the brokerage and underwriting and investment manager segments . its products and services include broker dealer , corporate finance , customer financing facility , asset management , research , education and online trading . the co mpany was founded on july 27 , 1989 and is headquartered in jakarta , indonesia .
jember , east java , indonesia native , mu ' min ali gunawan was born on march 12 , 1939 . appears to have served as an executive at shipping company in the mid - 1960s , and also a director at bank industri and bank dagang indonesia . in 1971 , he co - founded panin bank through a merger of bank industri and bank dagang indonesia ; a year later , panin bank received the status from central bank to also operate in foreign currencies . within more than 30 years , gunawan reportedly has diversified panin bank into . . .
mr . peter setiono serves as an independent commissioner of pt panin sekuritas tbk since 2004 . he graduated from the faculty of social and political affairs of universitas parahyangan , indonesia . he was director of bank insurance at pt lippo insurance tbk from 1994 until 1995 . he was president director of pt broadband multimedia tbk from 1995 until 2001 . currently , he is president director of pt mitra multi sarana .
year on year panin sekuritas tbk pt ' s revenues fell - 18 . 04 % from 547 . 80bn to 448 . 95bn . in addition , the company has been unable to reduce the cost of goods sold , selling , general and administrative expenses and interest paid ( all as a percentage of sales ) . this has contributed to a - 30 . 35 % reduction in net income from 254 . 43bn to 177 . 21bn .
kind of interests , passion and hobbies : business - entrepreneurship description : co - founded panin bank in 1971 ; has diversified the business into various financial services , including insurance , consumer banking services and asset management .
mr . menas kusuma shahaan serves as a director of pt panin sekuritas tbk since june 9 , 2017 . he served as a director from 2009 until may 26 , 2017 , and as president director from may 26 , 2017 until june 9 , 2017 . he holds bachelor of science in organic chemistry from university of wisconsin in 1999 . in 2004 , he obtained master of business administration from stuart graduate school of business , illinois institute of technology , with major in finance and international business . he joined the company in 2004 as head of securities brokerage division .
mr . indra christanto serves as president director , independent director of pt panin sekuritas tbk since april 17 , 2018 . he was appointed as independent director since june 9 , 2017 . he serves as a director since june 28 , 2012 . he graduated from universitas atma jaya yogyakarta majoring in economic management in 1992 . he started his career with pt swareka perdana psp group in 1992 . he was assistant manager of dealer at pt jardine fleming nusantara from 1997 until 1998 , assistant manager of dealer at pt vicker ballas tamara from 1998 until 2000 , and sales senior manager of institutional equity at pt kuo capital raharja from 2001 until 2003 . in 2003 until 2011 , he was equity director of pt andalan artha advisindo securities .
ms . poppy s . dharsono serves as a commissioner of pt panin sekuritas tbk since 1991 . she graduated from academy of cinematography , lembaga pendidikan kesenian , jakarta , in 1973 and ecole superieur dela mode guarre lavigne , paris , in 1977 . she has been president director of the poppy dharsono fashion studio since 1977 . she was the president commissioner of pt rana sankara ( 1986 - 2008 ) , president director of pt prima modalinea ( 1992 - 2001 ) and president director of indonesian international fashion institute ( 2004 - 2009 ) . currently she holds positions as president director of pt poppy dharsono cosmetic , commissioner of pt spinindo mitradaya , president director of pt pesona sinjang kencana , president commissioner of pt indotex lasalle international collage , commissioner of nusantara stroke center foundation and president commissioner of pt hasta bumi mandiri . she was member of the house of regional representative , republic of indonesia ( 2009 - 2014 ) .
mr . made rugeh ramia serves as an independent commissioner of pt panin sekuritas tbk since september 30 , 2009 . he served as president director from 1990 until september 30 , 2009 . he completed his studies at universitas gadjah mada , yogyakarta ( 1966 ) and new york institute of finance ( 1982 ) . he began his career in the ministry of finance at the directorate general of monitoring of state finance ( 1967 - 1971 ) , international finance of the directorate general of monetary ( 1971 - 1979 ) and the capital market supervisory agency ( 1979 - 1989 ) in which his last position was at the stock exchange supervision bureau . then he became senior manager at pt bank pacific ( 1989 - 1990 ) . he was appointed as president director of the company ( 1990 - 2009 ) , commissioner of jakarta stock exchange ( 2001 - 2004 ) and capital market advisor of pt bank ocbc nisp tbk ( 2000 - now ) .
html public
- / / w3c / / dtd xhtml 1 . 0 transitional / / en
urltoken
to subscribe to financeasia : phone : + 852 2122 5222 in business hours or click here .
copyright © 2018 haymarket media ltd . all rights reserved . this material may not be published , broadcast , rewritten or redistributed in any form without prior authorisation . your use of this website constitutes acceptance of haymarket media ' s privacy policy and terms & conditions .
for inquiries related to this message please contact support . for sales inquiries , please visit urltoken
if you believe this to be in error , please confirm below that you are not a robot by clicking
i ' m not a robot
below .
please make sure your browser supports javascript and cookies and that you are not blocking them from loading . for more information you can review the terms of service and cookie policy .
data delayed at least 10 minutes , as of jul 09 2018 07 : 30 bst .
you must be a registered user to save alerts . please sign in or register .
alysis . the company also offers its own online securities trading platform , marketed under the name post . it is a member of indonesia stock exchange .
all content on urltoken is for your general information and use only and is not intended to address your particular requirements . in particular , the content does not constitute any form of advice , recommendation , representation , endorsement or arrangement by ft and is not intended to be relied upon by users in making ( or refraining from making ) any specific investment or other decisions .
any information that you receive via urltoken is at best delayed intraday data and not
real time
. share price information may be rounded up / down and therefore not entirely accurate . ft is not responsible for any use of content by you outside its scope as stated in the ft terms & conditions .
markets data delayed by at least 15 minutes . © the financial times ltd . ft and ‘financial times’ are trademarks of the financial times ltd . the financial times and its journalism are subject to a self - regulation regime under the ft editorial code of practice .
glassdoor will not work properly unless browser cookie support is enabled . learn how to enable cookies .
your trust is our top concern , so companies can ' t alter or remove reviews .
this will replace the current featured review for targeted profile . are you sure you want to replace it ?
copyright © 2008–2018 , glassdoor , inc .
glassdoor
and logo are proprietary trademarks of glassdoor , inc .
reuters , the news and media division of thomson reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day . reuters provides trusted business , financial , national , and international news to professionals via thomson reuters desktops , the world ' s media organizations , and directly to consumers at urltoken and via reuters tv . learn more about thomson reuters products :
all quotes delayed a minimum of 15 minutes . see here for a complete list of exchanges and delays .
news corp is a network of leading companies in the worlds of diversified media , news , education , and information services .
real - time u . s . stock quotes reflect trades reported through nasdaq only .
international stock quotes are delayed as per exchange requirements . indexes may be real - time or delayed ; refer to time stamps on index quote pages for information on delay times .
quote data , except u . s . stocks , provided by six financial information .
data is provided
as is
for informational purposes only and is not intended for trading purposes . six financial information ( a ) does not make any express or implied warranties of any kind regarding the data , including , without limitation , any warranty of merchantability or fitness for a particular purpose or use ; and ( b ) shall not be liable for any errors , incompleteness , interruption or delay , action taken in reliance on any data , or for any damages resulting therefrom . data may be intentionally delayed pursuant to supplier requirements .
© thomson reuters . all rights reserved . any copying , republication or redistribution of lipper content , including by caching , framing or similar means , is expressly prohibited without the prior written consent of lipper . lipper shall not be liable for any errors or delays in the content , or for any actions taken in reliance thereon .
html public
- / / w3c / / dtd xhtml 1 . 0 strict / / en
urltoken
s & p 500 index data : s & p 500 copyright © 2018 currency is displayed in idr .
anz is one of the largest companies in australia and new zealand and a major international banking and financial services group , which is among the top 100 banks in the world .
anz world headquarters is located in melbourne , where it first opened an office as the bank of australasia in the 1830s .
anz ' s impressive history stretches back over 150 years and involves dozens of different banks .
anz began in london when the bank of australasia was established under royal charter .
the union bank of australia was established . this was an anglo - australian bank .
the english , scottish and australian bank was established in 1852 . this was an anglo australian bank .
the bank of australasia merged with the union bank of australia to form anz bank .
in what was then the largest merger in australian banking history , anz bank merged with the english , scottish and australian bank limited to form the present organisation , australia and new zealand banking group limited .
grindlays bank plc acquired . ( grindlays was a british international bank with a world - wide branch network , particularly in south asia . )
purchased remainder of hong kong & shanghai banking corp in melanesia international trust ( now 100 % ownership ) .
acquired postbank in new zealand . postbank was originally established in the 1860s as new zealand ' s post office savings bank .
national mutual royal bank limited acquired ( national mutual royal bank was established in 1986 ) .
town and country wa building society acquired . the perth - based town and country wa building society was established in 1964 .
acquired 75 % of the bank of western samoa ( 25 % from the government of western samoa and 50 % from bank of new zealand ) .
houston agency and chicago branch closed . business activity managed from new york branch .
anz opens a branch in hanoi and a representative office in ho chi minh city , vietnam .
banking licence granted in china . anz opens a branch in shanghai and a representative office in guangzhou , china .
anz opens a commercial banking branch in manilla , philippines , the first australian and new zealand bank to do so .
anz centralises the bulk of its australian retail telephone enquiries to its national teleservicing centre in melbourne .
anz opens its second vietnamese branch at ho chi minh city and its 106th asian branch .
anz joins smart card joint venture with mondex , cba , nab and westpac .
anz transfers the domicile of grindlays bank plc to australia and changes its name to anz grindlays bank limited .
anz re - opens its branch at jerusalem , israel in march and representative office in tel aviv in october .
donald penn mercer retires as anz ' s chief executive officer on 30 september and is succeeded by john mcfarlane .
anz announces a strategic alliance with e * trade australia to develop australia ' s leading online share trading service .
anz reaches agreement to acquire 100 % of america samoa bank with acquisition expected to be complete in may 2000 .
on 27 april , anz announced the sale of its grindlays businesses in the middle east and south asia , and associated grindlays private banking business , to standard chartered plc .
anz announces us $ 8 million strategic investment in hong kong , online stock broker , boom . com .
anz announces sales of grindlays to standard chartered for us $ 1 . 3 ( a $ 2 . 2 ) billion in cash .
granted renminbi ( rmb ) licence from the people ' s bank of china .
material on this page is intended only for general information and anz makes no guarantee as to the accuracy of this information . the material is not intended as substitute for your own research . we do , however , welcome your feedback and suggestions concerning any of the material .
© copyright australia and new zealand banking group limited abn 11 005 357 522 , 1996 - 2018 . anz ' s colour blue is a trade mark of anz .
relsci relationships are individuals handrata sadeli likely has professional access to . a relationship does not necessarily indicate a personal connection .
empower your business applications with industry - leading relationship data from the relsci api .
university of california berkeley national rankings : in a national research council analysis of 212 doctoral programs at american universities , 48 berkeley programs place among the top 10 nationwide . faculty awards and honors : there are 8 nobel laureates , 32 macarthur fellows , and 4 pulitzer prize winners among the current faculty . history of uc berkeley : historical highlights , arranged by topic , following the campus ' s development — from uc ' s founding in 1868 to a turn - of - the - century building boom , a research explosion in the 1930s , the free speech movement of the ' 60s , and berkeley ' s key role today in science and technology revolutions . timeline of discoveries and contributions by uc berkeley scholars . traditions of cal : who was the angel of death ? what ' s with the
big c
up there in the hills — and why is it sometimes green ? who wears oski ' s jolly bear head and size 54 yellow sweater ? tours and webcams : check out what ' s happening on sproul plaza , the campus ' s true heart . see stunning live views of the bay area from the lawrence hall of science ' s perch in the berkeley hills . chancellor and administration : information on chancellor robert birgeneau , executive vice chancellor and provost george w . breslauer , and how the university is organized . organizational charts are included . uc system overview and links : on the campuses , laboratories , and medical centers that comprise uc ' s public educational system , as well as uc ' s k - 12 partnerships , economic impact , and agriculture and environmental resources .
creating a news feed is your most valuable research tool . relsci sends you actionable updates so you can keep tabs on the people and organizations you care about most .
browse in - depth profiles on 10 million influential people and organizations . find relsci relationships , employment history , board memberships , donations , awards , and more .
explore notable alumni from top universities and organizations . expand your fundraising pool and make warm introductions to potential new business connections .
harness the power of your relationships with relsci pro , the powerful platform for identifying relationship - driven business opportunities and connections that can propel your career forward .
© 2018 relationship science llc . all rights reserved . certain information provided by factset research system inc .
reportedly has a close knit relationship with the late former president soeharto and his family , and also had gone into venture with the late ibnu sutowo , a former lead of state - owned oil and gas producer , pertamina .
kind of interests , passion and hobbies : real estate description : reportedly owns stake in several properties in indonesia , including a shopping mall , senayan city .
does not appear to have much of an appetite for philanthropic giving ; may donate anonymously . does not appear to have a family foundation .
prospecting for ultra high net worth ( uhnw ) clients presents unique challenges . wealth - x prepared the pillars of uhnw prospecting to help you build more successful relationships .
© 2018 wealth - x . all rights reserved . | privacy policy • terms of use
we use necessary cookies that enable this website to function properly . we also utilize cookies to help analyze our traffic and better understand the content preferences of our users . in addition , we share information with our social media , advertising and analytics partners who may combine it with other information you have provided them or that they have collected from your use of their services . you consent to our cookies if you continue to use this website .
necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website . the website cannot function properly without these cookies .
preference cookies enable a website to remember information that changes the way the website behaves or looks , like your preferred language or the region that you are in .
statistic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously .
targeting cookies allow us to share content and information with you that is most relevant to your interests based on how you have used our website previously .
you can change your cookie settings for this website at any time here . for more information , please review our privacy policy and terms of service
handrata sadeli , president director rosmini lidarjono , director menas k . shahaan , director , indra christanto , director
pans ( idx ) idr 3 , 900 + 30 . 00 ( + 0 . 78 % ) 22 mar , 9 : 00 am gmt + 7 - disclaimer
© copyright 2018 morningstar , inc . all rights reserved . dow jones industrial average , s & p 500 , nasdaq , and morningstar index ( market barometer ) quotes are real - time .
{ { tr ( get _ current _ scroller ( ) . current _ item . referenced _ type . underscore ( ) , { scope : ' js . live _ stream . comment _ create . commentable _ name ' } ) } }
{ { tr ( get _ current _ scroller ( ) . current _ item . activity _ loggable . votable _ type . underscore ( ) , { scope : ' js . live _ stream . vote _ create . votable _ name ' } ) } }
{ { : : get _ current _ scroller ( ) . current _ item . activity _ loggable . _ heading ( ) } }
{ { : : get _ current _ scroller ( ) . current _ item . activity _ loggable . source } } published the news article { { : : get _ current _ scroller ( ) . current _ item . activity _ loggable . heading } }
{ { tr ( activity _ log . referenced _ type . underscore ( ) , { scope : ' js . important _ stream . comment _ create . commentable _ name ' } ) } }
commented on { { tr ( activity _ log . referenced _ type . underscore ( ) , { scope : ' js . important _ stream . comment _ create . commentable _ name ' } ) } }
{ { tr ( activity _ log . referenced _ type . underscore ( ) , { scope : ' js . important _ stream . comment _ create . commentable _ name ' } ) } }
{ { tr ( activity _ log . referenced _ type . underscore ( ) , { scope : ' js . live _ stream . comment _ create . commentable _ name ' } ) } }
likes { { tr ( activity _ log . referenced _ type . underscore ( ) , { scope : ' js . important _ stream . vote _ create . votable _ name ' } ) } }
{ { tr ( activity _ log . referenced _ type . underscore ( ) , { scope : ' js . important _ stream . vote _ create . votable _ name ' } ) } }
{ { activity _ log . referenced . _ summary _ clear ( ) } }
{ { tr ( activity _ log . referenced _ type . underscore ( ) , { scope : ' js . important _ stream . vote _ create . votable _ name ' } ) } }
{ { tr ( activity _ log . activity _ loggable . target _ type . underscore ( ) , { scope : ' js . important _ stream . alert _ create . target _ name ' } ) } }
error : unexpected notification type { { activity _ log . activity _ loggable _ type } }
if you just see this text something went wrong . please delete all sharewise cookies
{ { slc . get _ default _ country _ name ( lc . site . identifier ) } }
glassdoor has millions of jobs plus salary information , company reviews , and interview questions from people on the inside making it easy to find a job that’s right for you .
explore the many benefits of having a premium branded profile on glassdoor , like increased influence and advanced analytics .
changes won ' t be saved until you sign up for an enhanced profile subscription .
end - of - day ( eod ) prices . updated for 09 jul 2018 .
are you uploading a research report ? remember to cite the source if you are sharing a research report .