Acquisitions, Divestitures, Results and Corporate Support Announcements - Research Report on The Washington Post, Gannett, The New York Times, ITT Educational Services, and Bridgepoint Education

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Aug 09, 2013, 08:00 ET

NEW YORK, August 9, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting The Washington Post Company (NYSE: WPO), Gannett Co., Inc. (NYSE: GCI), The New York Times Company (NYSE: NYT), ITT Educational Services, Inc. (NYSE: ESI), and Bridgepoint Education Inc. (NYSE: BPI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

The Washington Post Company Research Report

On August 5, 2013, The Washington Post Company (The Washington Post) announced that it has signed a contract to sell its newspaper publishing businesses, including The Washington Post newspaper, to Jeffrey P. Bezos for a purchase price of $250 million, payable at closing later in 2013. The Company stated that the transaction covers The Washington Post and other publishing businesses, including the Express newspaper, The Gazette Newspapers, Southern Maryland Newspapers, Fairfax County Times, El Tiempo Latino, and Greater Washington Publishing. The Company also informed that Slate magazine, TheRoot.com, and Foreign Policy are not part of the transaction and will remain with The Washington Post. According to the Company, the acquirer of the business is an entity that belongs to Mr. Bezos in his individual capacity and is not Amazon.com, Inc. The Full Research Report on The Washington Post Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/WPO]

Gannett Co., Inc. Research Report

On August 5, 2013, Gannett Broadcasting, a Gannett Co. Inc. (Gannett) company, announced that it is supporting the TVB position on local Live Plus Same Day ratings data. The Company cited the TVB statement on April 18, 2013, saying that Live Plus Same Day ratings most closely approximates the national C3 ratings data, and should be the minimum ratings standard for local television viewing. Dave Lougee, President, Gannett Broadcasting, said, "As consumers engage in more and more time-shifted viewing, we believe it is essential that our industry has the most reliable and accurate local viewing data. Live Plus Same Day ratings clearly provide the closest match to national C3 ratings on the local level. This is an important first step in acknowledging the value of time-shifted audiences to advertisers on local television stations. Live-Only ratings are obsolete in today's viewing environment." 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/2013-08-06/GCI]

The New York Times Company Research Report

On August 1, 2013, The New York Times Company (The New York Times) reported its Q2 2013 financial results. The Company's total revenues decreased 0.9% YoY to $485.4 million. Net income was $20.1 million or $0.13 per diluted share in Q2 2013, compared to net loss of $87.6 million or $0.58 per diluted share in Q2 2012. Commenting on the results, Mark Thompson, President and CEO of The New York Times, said, "Our improved results in the second quarter were an organization-wide effort - with contributions from more favorable revenue trends and strong cost performance. The increase in operating profit reflects the ongoing evolution of our digital subscription initiatives on the circulation side, the moderation of revenue declines on the advertising side and the continued focus on managing costs." The Full Research Report on The New York Times Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/NYT]

ITT Educational Services, Inc. Research Report

On August 2, 2013, ITT Educational Services, Inc. (ITT/ESI) announced that on August 1, 2013, the Company acquired Cable Holdings, LLC (Benchmark Learning), a Minneapolis-based IT and business training company. According to the Company, the acquisition of Benchmark Learning supports its growth strategy of increasing access to high-quality, career-based education. Kevin Modany, Chairman and CEO of ITT/ESI said, "Benchmark Learning is a respected provider of learning solutions in the ever-advancing IT industry. We look forward to increasing Benchmark's offerings and expanding the delivery of its learning solutions as we integrate their operations into The Center for Professional Development at ITT Technical Institute." The Full Research Report on ITT Educational Services, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/ESI]

Bridgepoint Education Inc. Research Report

On August 6, 2013, Bridgepoint Education Inc. (Bridgepoint Education) released its Q2 2013 results. The Company reported a 22.9% YoY decline in its total revenues to $197.6 million. Net income of $10.4 million or $0.19 per diluted share in Q2 2013 was down compared to net income of $43.3 million or $0.77 per diluted share in Q2 2012. Total student enrollment at the Company's academic institutions, Ashford University and University of the Rockies, was 71,685 students at June 30, 2013, compared with 92,620 students at the end of Q2 2012. Andrew Clark, CEO of Bridgepoint Education, said, "Over the last year, Bridgepoint Education has made major investments across its entire spectrum of operations, with the goal of enhancing educational quality, improving student outcomes, and supporting the success of our students as they progress toward earning their degrees. These enhancements, together with affordable tuition, strongly position Ashford as a top choice for students seeking a high quality and affordable option for completing their education." The Full Research Report on Bridgepoint Education Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/BPI]

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