At the risk of sounding like a broken record, there is yet more bad news for Lee Enterprises, the newspaper chain that owns the Billings Gazette and papers in Missoula, Butte, Helena and Hamilton. InvestorPlace.com has a story today headlined “9 Media Stocks to Sell Now.” Each of the nine rates a “D” (“sell”) or “F” (“strong sell”). Seven of the stocks were downgraded to “D” this week from “C” last week. Lee Enterprises is one of the two downgraded from a D to an F. Here’s the paragraph on Lee: “Lee Enterprises, Incorporated’s (LEE) rating weakens this week, dropping to a F versus last week’s D. Lee Enterprises, Incorporated owns various daily newspapers and a joint interest in several others. Continue Reading →
