DJCO - デイリ―・ジャ―ナル （Daily Journal Corp. (S.C.)）

LOS ANGELES, Dec. 16, 2022 (GLOBE NEWSWIRE) -- During fiscal 2022, Daily Journal Corporation (NASDAQ: DJCO ) had consolidated revenues of $54,009,000 as compared with $49,925,000 in the prior year. This increase of $4,084,000 was primarily from increases in Journal Technologies'' consulting fees of $5,546,000 and the Traditional Business'' advertising revenues of $420,000 and advertising service fees and other of $253,000, partially offset by decreases in (i) Journal Technologies'' license and maintenance fees of $1,852,000 and other public service fees of $101,000, and (ii) the Traditional Business'' circulation revenues of $182,000. The Traditional Business'' pretax income increased by $259,000 to $702,000 from $443,000 in the prior fiscal year, primarily resulting from a decrease to the long-term supplemental compensation accrual of $665,000 to $1,130,000 from $1,795,000 in the prior fiscal year. Journal Technologies'' business segment pretax income decreased by $422,000 to $1,287,000 from $1,709,000 in the prior fiscal year, primarily because of increased operating expenses of $4,015,000 mainly due to (i) increased personnel costs resulting from salary adjustments, (ii) increased third-party hosting fees which were billed to clients, (iii) additional miscellaneous office equipment and software license purchases and (iv) increased business travel expense, partially offset by increased operating revenues of $3,593,000, mainly from increased consulting fees.

On Tuesday (15 November 2022), Charlie Munger, the billionaire vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett, shared his latest thoughts on crypto in the wake of the collapse of the FTX empire. Munger — who is also chairman of Daily Journal Corporation and a director of Costco Wholesale Corporation — made his comments during a Zoom […]

The world’s largest hedge fund, Bridgewater Associates , was founded by Ray Dalio in 1985. Dalio sits as the co-chief investment officer managing roughly $150 billion in assets under management . Meanwhile, Charlie Munger is the chairman of newspaper publisher Daily Journal Corporation (NASDAQ: DJCO ) and sits on the board of retailer Costco Wholesale (NASDAQ: COST ). Munger also holds a vice chairman seat on Berkshire Hathaway (NYSE: BRK-B ), controlled by Warren Buffett — his closest partner and friend. Here … Full story available on Benzinga.com

Daily Journal just entered net-net value territory, trading below its net current asset value. Click here to read our analysis of the DJCO stock.

Warren Buffett’s right-hand man and Vice Chairman of Berkshire Hathaway (NYSE: BRK-A ) (NYSE: BRK-B ), Charlie Munger , first worked for Buffett’s grandfather before becoming a partner. Munger also serves as the Chairman of the Daily Journal Corporation (NASDAQ: DJCO ). The Daily Journal publishes newspapers and websites covering California and Arizona, and produces several specialized information services. Buffett and Munger both hold enormous positions in the Bank of America, while Munger solely owns POSCO Holdings. POSCO Holdings Inc (NYSE: PKX ) is offering a dividend yield of 7.19% or $2.95 per share annually, making quarterly payments, with … Full story available on Benzinga.com

On Tuesday (15 November 2022), Charlie Munger, the billionaire vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett, shared his latest thoughts on crypto in the wake of the collapse of the FTX empire. Munger — who is also chairman of Daily Journal Corporation and a director of Costco Wholesale Corporation — made his comments during a Zoom […]

The world’s largest hedge fund, Bridgewater Associates , was founded by Ray Dalio in 1985. Dalio sits as the co-chief investment officer managing roughly $150 billion in assets under management . Meanwhile, Charlie Munger is the chairman of newspaper publisher Daily Journal Corporation (NASDAQ: DJCO ) and sits on the board of retailer Costco Wholesale (NASDAQ: COST ). Munger also holds a vice chairman seat on Berkshire Hathaway (NYSE: BRK-B ), controlled by Warren Buffett — his closest partner and friend. Here … Full story available on Benzinga.com

Daily Journal just entered net-net value territory, trading below its net current asset value. Click here to read our analysis of the DJCO stock.

Warren Buffett’s right-hand man and Vice Chairman of Berkshire Hathaway (NYSE: BRK-A ) (NYSE: BRK-B ), Charlie Munger , first worked for Buffett’s grandfather before becoming a partner. Munger also serves as the Chairman of the Daily Journal Corporation (NASDAQ: DJCO ). The Daily Journal publishes newspapers and websites covering California and Arizona, and produces several specialized information services. Buffett and Munger both hold enormous positions in the Bank of America, while Munger solely owns POSCO Holdings. POSCO Holdings Inc (NYSE: PKX ) is offering a dividend yield of 7.19% or $2.95 per share annually, making quarterly payments, with … Full story available on Benzinga.com

LOS ANGELES, Aug. 12, 2022 (GLOBE NEWSWIRE) -- During the nine months ended June 30, 2022, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $34,797,000 as compared with $37,952,000 in the prior year period. This decrease of $3,155,000 was primarily from decreases in (i) Journal Technologies’ license and maintenance fees of $3,269,000 and public service fees of $21,000, and (ii) the Traditional Business’ circulation revenues of $179,000, partially offset by increases in Journal Technologies’ consulting fees of $48,000 and the Traditional Business’ advertising net revenues of $30,000 and advertising service fees and other of $236,000.

Daily Journal Corporation has done well to grow its new core business in recent years, creating real value for its investors. Read more about DJCO stock here.

LOS ANGELES, May 12, 2022 (GLOBE NEWSWIRE) -- During the six months ended March 31, 2022, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $22,245,000 as compared with $24,390,000 in the prior year period. This decrease of $2,145,000 was primarily from decreases in (i) Journal Technologies’ license and maintenance fees of $2,300,000, consulting fees of $119,000 and public service fees of $23,000, and (ii) the Traditional Business’ circulation revenues of $150,000, partially offset by increases in the Traditional Business’ advertising net revenues of $236,000 and advertising service fees and other of $211,000.

Charlie Munger’s Daily Journal Corporation slashed its stake in Alibaba in half. Read why it''s hard to justify a long-term long position in BABA stock.

Daily Journal Corporation, a publishing and software company chaired by Charlie Munger, said it has halved its investment worth $32.6 million in Chinese e-commerce giant Alibaba Group, a regulatory filing showed on Monday.

Daily Journal Corp, led by Warren Buffett’s long-time business partner Charlie Munger, trims Alibaba stake as the bet turns sour amid challenges to earnings.