Last Wednesday in an 8-K filing with the Securities and Exchange Commission, SaaS provider Workday, Inc. (NYSE: WDAY) revealed that Walmart, one of the world’s largest private employers, had signed a subscription deal for Workday’s Human Capital Management, Recruiting, Learning and Planning products. In the filing, Workday said it was not updating its financial guidance for the fourth quarter of its fiscal year ending January 31, 2017 or the fiscal year ending January 31, 2018.
January 17, 2017
Like many legacy publishers, the 160-year-old McClatchy Company (NYSE: MNI), the owner of 31 media companies in 28 U.S. markets, is doing a major transformation, moving aggressively over the last several years to become a digital-first company. Instead of fighting a changing tide, McClatchy is making sweeping, long-term changes that are beneficial to the company but also to its readers.