December 13, 2016

Lee Enterprises Reports Fiscal Year End Earnings of $36 Million

This weekend Lee Enterprises (NYSE: Lee) reported its quarterly and fiscal year financials for the period ended September 25, 2016. Lee, which provides news, information and advertising in 50 U.S. markets in 22 states, posted quarterly earnings of $0.7 million, or $0.01 per diluted common share. Earnings for the same period last year totaled $10.1 million, or $0.18 per diluted common share. For the fiscal year, Lee earnings were $36.0 million, or $0.64 per diluted common share, compared to $24.3 million, or $0.43 per diluted common share, for the prior year.

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Reasons To Implement A Social Media Policy

Having a well-drafted social media policy can protect your company from employees who post inappropriate or unlawful content on social media. But watch out — your policy may inadvertently violate the National Labor Relations Board Act (NLRB Act), which prohibits employers from restricting employees protected concerted activity. Lisa B. Dubrow, Esq., Subscription Insider Guide to Regulation, walks through recommendations to help you stay on the right side of the law and discusses two recent cases involving Chipotle and Machinima, specifically related to corporate social media policy.

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