Friday, June 25, 2010
Storms flood Billings Gazette
June 20 storms flooded the Billings Gazette's basement, damaging dozens of rolls of newsprint and delaying the paper's Monday press run. Some archived newspapers and photos also were damaged. The Gazette has photos of its flooded press online.
Thursday, June 10, 2010
Capital Times faces defamation lawsuit
United Asian Services of Wisconsin has filed a lawsuit against The Capital Times and reporter Pat Schneider, seeking $10 million for defamation by slander, along with punitive damages and lawyer's fees.
In March, Schneider wrote a story about a dispute between the agency and its executive director, Koua Vang, over control of the agency. The suit says the story and illustration suggest the UAS was "ripped apart" by the dispute.
Read the story here.
See the illustration here.
In March, Schneider wrote a story about a dispute between the agency and its executive director, Koua Vang, over control of the agency. The suit says the story and illustration suggest the UAS was "ripped apart" by the dispute.
Read the story here.
See the illustration here.
Tuesday, June 8, 2010
Lee gives 80,000 shares to directors
On Thursday, Lee stock closed at $3.05. On Thursday, Lee Enterprises gave eight directors 10,000 shares each:
Nancy S. Donovan is a founding partner in two private equity firms. She's a member of Lee's Audit Committee. She's been a director since 2003; in 2009, Lee paid her $70,470.
Richard R. Cole is a journalism professor at the University of North Carolina. He's a member of Lee's Nominating and Corporate Governance Committee. He's been a director since 2006; in 2009, Lee paid him $67,470.
Leonard J. Elmore is a New York attorney. He's a member of Lee's Audit Committee. He's been a director since 2008; in 2009, Lee paid him $66,470.
William E. Mayer is a founding partner of a New York private equity firm, Park Avenue Equity Partners. He's lead director and chairman of Lee's Executive Compensation Committee, and a member of the Executive Committee and Nominating and Corporate Governance Committee. He's been a director since 1998; in 2009, Lee paid him $95,470.
Herbert W. Moloney III is a president and chief operating officer of Western Colorprint Inc., a private company that provides advertising supplements and cartoons. He's a member of Lee's Audit Committee and Executive Compensation Committee. He's been a director since 2001; in 2009, Lee paid him $79,220.
Andrew E. Newman is a private investor. He's the chairman of Lee's Audit Committee and a member of the Executive Compensation Committee. He's been a director since 1991; in 2009, Lee paid him $93,470.
Gordon D. Prichett is a private investor. He founded the Cairnwood Cooperative in Boston and is a math professor at Babson (Mass.) College. He's a member of Lee's Audit Committee and Executive Committee. He's been a director since 1998; in 2009, Lee paid him $71,470.
Mark Vittert is a private investor. He's the chairman of the Nominating and Corporate Governance Committee, and a member of Lee's Executive Compensation Committee. He's been a director since 1986; in 2009, Lee paid him $78,470.
On Thursday, each director was awarded a 10,000-share package worth $30,500 while furloughs and layoffs continue throughout the rest of the company. By Friday, those 10,000-share packages were worth $1,900 less. (Editor's note: Stock prices bounced up a couple of cents on Monday, closing at $2.88. A weekend Blogger outage caused a posting delay.)
Read the SEC reports here.
(Via e-mail. Got a tip? Send links, memos and information to lee.ent.watch@gmail.com)
Nancy S. Donovan is a founding partner in two private equity firms. She's a member of Lee's Audit Committee. She's been a director since 2003; in 2009, Lee paid her $70,470.
Richard R. Cole is a journalism professor at the University of North Carolina. He's a member of Lee's Nominating and Corporate Governance Committee. He's been a director since 2006; in 2009, Lee paid him $67,470.
Leonard J. Elmore is a New York attorney. He's a member of Lee's Audit Committee. He's been a director since 2008; in 2009, Lee paid him $66,470.
William E. Mayer is a founding partner of a New York private equity firm, Park Avenue Equity Partners. He's lead director and chairman of Lee's Executive Compensation Committee, and a member of the Executive Committee and Nominating and Corporate Governance Committee. He's been a director since 1998; in 2009, Lee paid him $95,470.
Herbert W. Moloney III is a president and chief operating officer of Western Colorprint Inc., a private company that provides advertising supplements and cartoons. He's a member of Lee's Audit Committee and Executive Compensation Committee. He's been a director since 2001; in 2009, Lee paid him $79,220.
Andrew E. Newman is a private investor. He's the chairman of Lee's Audit Committee and a member of the Executive Compensation Committee. He's been a director since 1991; in 2009, Lee paid him $93,470.
Gordon D. Prichett is a private investor. He founded the Cairnwood Cooperative in Boston and is a math professor at Babson (Mass.) College. He's a member of Lee's Audit Committee and Executive Committee. He's been a director since 1998; in 2009, Lee paid him $71,470.
Mark Vittert is a private investor. He's the chairman of the Nominating and Corporate Governance Committee, and a member of Lee's Executive Compensation Committee. He's been a director since 1986; in 2009, Lee paid him $78,470.
On Thursday, each director was awarded a 10,000-share package worth $30,500 while furloughs and layoffs continue throughout the rest of the company. By Friday, those 10,000-share packages were worth $1,900 less. (Editor's note: Stock prices bounced up a couple of cents on Monday, closing at $2.88. A weekend Blogger outage caused a posting delay.)
Read the SEC reports here.
(Via e-mail. Got a tip? Send links, memos and information to lee.ent.watch@gmail.com)
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