Yellow Media (YLO-T) is a very interesting story, especially since it plays a prominent role in our UCU Investment Challenge contest. For those interested, there is a full scale article on YLO in today's Report on Business magazine, which is included in the Globe and Mail newspaper. The article discusses the early success of the company, in striving to monopolize the print advertising space in Canada, and how they are branching into the digital and Internet sphere. The article points out that annual revenue, which has been stable for several years, is at about $1.6 billion, with 2nd quarter 2011 revenues of $343 million and earnings before interest and taxes at $176 million. The story does cover the errors they made in managing their capital structure, and how things unravelled since then. Read the article here: http://www.theglobeandmail.com/report-on-business/rob-magazine/how-did-yellow-medias-stock-go-from-17-to-17-cents/article2215954/. The logo above is courtesy of Google Images.
Friday, October 28, 2011
Report on Business on Yellow Media!
Yellow Media (YLO-T) is a very interesting story, especially since it plays a prominent role in our UCU Investment Challenge contest. For those interested, there is a full scale article on YLO in today's Report on Business magazine, which is included in the Globe and Mail newspaper. The article discusses the early success of the company, in striving to monopolize the print advertising space in Canada, and how they are branching into the digital and Internet sphere. The article points out that annual revenue, which has been stable for several years, is at about $1.6 billion, with 2nd quarter 2011 revenues of $343 million and earnings before interest and taxes at $176 million. The story does cover the errors they made in managing their capital structure, and how things unravelled since then. Read the article here: http://www.theglobeandmail.com/report-on-business/rob-magazine/how-did-yellow-medias-stock-go-from-17-to-17-cents/article2215954/. The logo above is courtesy of Google Images.
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