Biz journal owner reports large drop in profits
Dolan Inc., the Minneapolis-based owner of business journals across the country, reported a 95 percent drop in net income in the first three months of year because business from its real estate notices continued to sputter. Leslie Brooks Suzukamo of the St. Paul Pioneer Press writes, “In the quarter ending March 31, net income attributable […]
Dolan looking to sell two biz journals
Dolan Co., a Minneapolis-based company that owns weekly business journals across the country, is interested in selling its papers in Colorado Springs, Colo., and Mississippi. Rich Laden of the Colorado Springs Gazette writes, “‘We are currently negotiating with prospective buyers of our Mississippi Business Journal and Colorado Springs Business Journal and related assets,’ the publicly […]
Biz journal parent’s income declines, but meets expectations
Dolan Co., the Minneapolis-based parent company of business newspapers across the country, reported a 28 percent drop in its fourth-quarter earnings due to a decline in its foreclosure business. David Schaffer of the Minneapolis Star-Tribune writes, “Revenue from foreclosure-related services was down nearly 30 percent, continuing a slide reported earlier last year. Its business and […]
Biz journal parent sees earnings decline
Dolan Co., the Minneapolis-based parent company of business newspapers across the country, reported a 66 percent decline in third-quarter earnings on Wednesday due to a decline in its foreclosure legal business. An AP story states, “Dolan Co. earned $3.1 million, or 19 cents per share, for the three months ended Sept. 30. That compares with […]
Dolan reports earnings and sales decline, lowers projections for 2011
Dolan Co., which owns business newspapers across the country, reported first quarter earnings that fell 62 percent on revenue that fell 5.8 percent as the company experienced a slowdown in its foreclosure data business. The Minneapolis-based company reported net income of $3.5 million, or 11 cents per share, down from the $9.2 million, or 30 […]
Ex-Pioneer Press biz editor hired at Finance & Commerce
Doug Iverson, a former senior editor for business news at the St. Paul Pioneer Press, is the new senior editor for Finance & Commerce, a Dolan Co. business newspaper. A story on the Finance & Commerce site states, “Iverson, 49, will be the top editor at Finance & Commerce Inc., owned by The Dolan Company, […]
Ex-Pioneer Press biz editor hired at Finance & Commerce
Doug Iverson, a former senior editor for business news at the St. Paul Pioneer Press, is the new senior editor for Finance & Commerce, a Dolan Co. business newspaper. A story on the Finance & Commerce site states, “Iverson, 49, will be the top editor at Finance & Commerce Inc., owned by The Dolan Company, […]
Dolan’s fourth-quarter earnings show ad weakness
The Dolan Co., which owns business newspapers across the country, reported fourth-quarter earnings that showed a 4.2 percent decline in revenue in the subsidiary that publishes those papers. The Minneapolis-based company said that the decline in revenue, to $22.4 million for the quarter, was due to weakness in public notice advertising. “The company believes that […]
First female publisher named at Baltimore biz paper
Suzanne Fischer-Huettner has been named the first female publisher of The Daily Record in Baltimore, a Dolan Co.-owned business and legal paper. Lorraine Mirabella of the Baltimore Sun writes, “Fischer-Huettner, who had been associate publisher and vice president of the daily, replaced Christopher Eddings, publisher since 1997. Eddings was promoted earlier this week to director […]
Dolan buys another data firm
The Dolan Co., which owns business newspapers across the country, announced Wednesday that it acquired DataStream Content Solutions LLC, a which provides federal legislative and regulatory data. The terms were not disclosed. Its subsidiary Potomac Publishing was included in the transaction. The Minneapolis-based company has made a big push into government data in the past […]
