Who has tailwind. Certain statements contained in this press release are forward-looking statements that involve risks and uncertainties that may cause actual future events or results to differ materially from those described in the forward-looking statements. DJCO has a market capitalization of $304 million. Detailed company description & address for Daily Journal Corp.. Daily Journal Corporation is a leading newspaper publisher with about a dozen papers serving markets primarily in California. The company also held corporate . Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Who will be back. Who distributes. Journal Technologies, Inc. is a wholly owned subsidiary of the Company. Some people buy Daily Journal stock believing it to be a Munger hedge fund. Who is a leader. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Daily Journal Corp has a market cap of $458.760 million; its shares were traded at around $332.260000 with a P/E ratio of 113.39 and P/S ratio of 9.19. In Camelot, there was once a time in 1972 when three (countem 3) superinvestors were on the board of one company: Buffett, Munger, and Guerin all joined the board of Sees Candy immediately after Berkshire made the acquisition. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. Chief Executive Officer. Who is vested. Who is over. Charles Munger said: We are incredibly fortunate that Steven found his way into our lives. Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. Who sits. Our company is proud of the work we do to help those courts and the legal system as a whole be more informed, more efficient and more accessible.. Filed on June 24, 2014 . News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Who steps down. Form 10-Q for the Quarter Ended December 31, 2013 . We keep you up to date on the latest CEO changes. It has done pretty well. Who has a vote. Source: FactSet. Keeping this cookie enabled helps us to improve our website. Ph.D. is Dean of the National School of Tropical Medicine and Professor of Pediatrics and Molecular Virology & Microbiology at Baylor College of Medicine where he is . Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Corporate counsel group CEO pens book on reaching goals. Hoa To has been promoted to Assistant Controller of the company, and David Houston is now Editor-in-Chief of the Daily Journal newspapers. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Who kicks back. Daily Journal Corporation publishes newspapers and websites reporting California and Arizona news and produces several specialized information services. To subscribe, click here. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. It was too cheap, explains Munger. The total sale was $626,630. View detailed DJCO description & address. Who has to go. GuruFocus has detected 4 Warning Sign with UPWK. He led the company during an incredibly challenging time for newspapers, while also building out a promising court software business in what is a terribly difficult but dynamic market. Financial Insight in Your Inbox: Sign Up for GBR's Daily Newsletter This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Who decides. The price of the stock has increased by 18.31% since. Also on December 29, 2021, Peter D. Kaufman informed the Company that he will not stand for re-election at the Company's 2022 Annual Meeting of Shareholders. Who means well. AIC President/CEO,RiskPro Insurance Services, Inc. P.O. Who suffers. Our company is proud of the work we do to help those courts and the legal system as a whole be more informed, more efficient and more accessible., Daily Journal said: Mr. Employees: 290. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. I want for this gift to reflect the confidence I have in the existing team and Stevens new leadership, Mr. Munger said. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Who speaks. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. Who signs. Who is successor. Hes exactly the kind of leader we need at Daily Journal and Journal Technologies to take our business into the future. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Markets category Charlie Munger's Daily Journal nearly doubles stake in China's Alibaba, article with image January 4, 2022 Business category Vivendi accelerates Lagardere purchase, extending . Over the past three years, only about 18% of the monthly price movements of DJCO are explained by the prices of the listed stocks it holds. Contact 3 . 0-14665. Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. The fact that Jerry Salzmans successor is brought in from outside suggests that the board may seek to stimulate change with fresh ideas and new initiatives. Mr. Salzman is also the President, Chief Executive Officer, Chief Financial Officer and Secretary of Journal Technologies. . Fundamental company data and analyst estimates provided by FactSet. Who departs. The company is also a newspaper publisher with about a dozen papers serving markets . The Daily Journal newspapers have won numerous awards for its journalism, with the Los Angeles Press Club in 2003 noting that the Los Angeles Daily Journal was "the most award-winning newspaper in Los Angeles with the sole exception of the Los Angeles Times."[5]. The federal indictment in Los Angeles accuses Thomas V. Girardi and Christopher Kamon . The original newspaper, The Daily Court Journal (Los Angeles), began publication in 1888. Who has headwind. Mar 28, 2022, 7:00 AM ET. They have been labeling as misinformation and . Gerald L. Salzman served on the Companys Board of Directors from 1986 until December 2021. Who is a big wheel. Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. Who is shamed. Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. Charlie Munger, the 98-year-old business partner of Warren Buffett at Berkshire Hathaway Inc , on Monday gave up his role as chairman of Daily Journal Corp, a newspaper publisher and provider of . Who exits. Who topples. California's largest legal newspaper. Who betrays. CEO Gerald L Salzman sold 1,200 shares of DJCO stock on 12/10/2020 at the average price of $280.85. She will also continue as the companys Secretary. Who is there. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. For years Munger has proclaimed that it is not a mini-Berkshire, either. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Who is left. 10% of the management team is Black or African American. 2.2 26 % Recommend to a Friend. CEO of Daily Journal Corp (30-Year Financial, Insider Trades) Gerald L Salzman (insider trades) sold 2,230 shares of DJCO on 11/10/2020 at an average price of $281 a share. To me, Munger sounded slightly more optimistic this year than last. It does nothing but harm, and it's antisocial, says Charlie Munger. Charlie Munger at the 2021 Daily Journal annual meeting spoke once again at great length. Warren Buffett and Charlie Munger run Berkshire Hathaway (ticker: BRK.A). Who commands. Jerry Salzman became CEO of the Company in 1986. Who is doomed. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';fnames[3]='MMERGE3';ftypes[3]='text';fnames[4]='MMERGE4';ftypes[4]='text';}(jQuery));var $mcj = jQuery.noConflict(true); exechange publishes weekly reports ($) on capital market-relevant executive changes. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. Re: Daily Journal Corporation (the "Company") Form 10-K for Fiscal Year Ended September 30, 2013 . Who presides. Also on December 29, 2021, Peter D. Kaufman informed the Company that he will not stand for re-election at the . Who scolds. Who serves. CNSB places public notices and other forms of advertising with adjudicated newspapers of general circulation, most of which are not owned by The Daily Journal.[6]. As Chairman, I look forward to participating in the strategic growth of our businesses, and as Interim Chief Executive Officer, I intend to lead based on principles and integrity, while evaluating the best long-term possibilities for the company. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Who is sorted out. Who is chief. The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. The James Irvine Foundation, Oaktree Acquisition Corp. II, ADRx, Inc., Oaktree Acquisition Corp. III, Daily Journal Corp., Oaktree Capital Group LLC, Wesleyan University, Polytechnic School, Good Samaritan Hospital (Los Angeles), Oaktree Funds, X PRIZE Foundation, Oaktree Specialty Lending Corp., Chevron Corp. Costco Wholesale Corp., Berkshire Hathaway, Inc., Berkshire Hathaway Assurance Corp., Blue Chip Stamps, Daily Journal Corp., Good Samaritan Hospital (Los Angeles). (exechange) Los Angeles, California, March 28, 2022 Jerry Salzman, chief executive of Daily Journal, leaves. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. If it succeeds, it could have a durable moat in a new market for the Daily Journal, and even become a takeover target if someone starts making goo-goo-googly eyes at it. Who heals. 2132295300. dailyjournal.com. Mr. Salzman is retiring after more than 44 years of dedicated and . FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in documents we file with the Securities and Exchange Commission. Daily Journal Corporation offers legal software and services to US courts and other justice agencies, including browser-based case processing systems (eCourt, eProsecutor, eDefender, and eProbation) and electronic filing and payment tools (eFile, ePayIt). Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. The price of the stock has increased by 10.75% since. The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. Joseph Jezerinac and Kaushik Mehta are now the Co-Chief Technology Officers of Journal Technologies. Jun 3, 2022. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. That leaves three others in the public sphere. Who leaves early. Daily Journal has 250 employees, of which 12 are in a leadership position. Hes whip smart and full of energy, said Mr. Munger. However arrived at, the buy occurred within one day of Wells Fargos all-time low. Who resigns. Munger says the company is now a venture capital-type situation. Who helps. Jerry Salzmans move coincides with a management shake-up also involving the positions of Chief Financial Officer; CEO of Journal Technologies; President of Journal Technologies; Co-Chief Technology Officers of Journal Technologies; Executive Vice President-Publications of Daily Journal Corporation; Assistant Controller of the company; and Editor-in-Chief of the Daily Journal newspapers. It operates in two segments, Traditional Business and Journal Technologies. President and CEO, 717 Credit Union. It's crazy. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Who is last. Vous pouvez modifier vos choix tout moment en cliquant sur le lien Tableau de bord sur la vie prive prsent sur nos sites et dans nos applications. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. news@dailyjournal.com | The Daily Journal publishes the Los Angeles Daily Journal and San Francisco Daily Journal and community newspapers focusing on law or business and real estate in California and Arizona. On average, employees at Daily Journal stay with the company for 4.4 years. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Who gives in. Who comes. Copyright FactSet Research Systems Inc. All rights reserved. Again. . For more information about services to government agencies, see: Last edited on 19 November 2022, at 00:32, "2020 Daily Journal Annual Meeting with Charlie Munger, 25th minute", "Munger's Daily Journal Lifts Curtain of Secrecy on Bets", "Buffett's Pal Munger Heads a Very Weird Company", "Munger Admits to Daily Journal's Material Weaknesses", https://www.legaladstore.com/governmentads.pdf, https://adtech.dailyjournal.com/index.cfm, https://en.wikipedia.org/w/index.php?title=Daily_Journal_Corporation&oldid=1122683455, This page was last edited on 19 November 2022, at 00:32. It's no good. Myhill-Jones will succeed Gerald Salzman as CEO. CEO: Steven Myhill-Jones. How to assess the Push-out Score: a 10-step guide. Who hurts. "CNSB", a division of the company, is a statewide newspaper representative specializing since 1934 in public notice advertising. Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services. Who benefits. Who is under. The company now publishes 10 newspapers in California and Arizona. Who is big kahuna. Who lies. Charles Munger will relinquish the chairman title, but will continue serving as a director, and as such will continue to pay particular attention to matters with which he has been involved in the past, including the companys securities portfolio. Currently, Peter D. Kaufman holds the position of Chairman & Chief Executive Officer of Glenair, Inc. Michelle Stephens has become Executive Vice President-Publications of Daily Journal Corporation. The Push-out Score determined by exechange gauges the pressure surrounding Jerry Salzmans move on a scale of 0 to 10. exechange reached out to Daily Journal and offered the company the opportunity to comment on the score. Buffett cited seven individual superinvestors (two others were multi-manager funds). Who is a follower. Dream on. Words such as expects, intends, anticipates, should, believes, will, plans, estimates, may, variations of such words and similar expressions are intended to identify such forward-looking statements. Treasurer : Dated: July 3, 2014 . Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, and Utah. Who goes ahead. Charles Munger will relinquish the chairman title, but will continue serving as a director, and as such will continue to pay particular attention to matters with which he has been involved in the past, including the companys securities portfolio. On December 29, 2021, Maryjoe Rodriguez was appointed to the Board to fill the vacancy created with Mr. Salzman's resignation. mesurer votre utilisation de nos sites et applications. It's always a wonderful pleasure to hear Charlie Munger speak at the Daily Journal Annual Meeting. Contacts Who is refunded. Charlie Munger will leave his role as chairman of Daily Journal, according to a regulatory filing Monday. Ms. Rodriguez is the Vice President and Chief Operating Officer of Journal Technologies Inc., a subsidiary of the Company. Who can say it? Daily Journal Corporation has 3 current employee profiles, including Chairman & Interim CEO Steven Myhill-Jones. Charles Munger is the 98-year-old business partner of Warren Buffett at Berkshire Hathaway Inc. Daily Journal did not give an explicit reason for Jerry Salzmans departure from the CEO post. As announced by Daily Journal Corp. in a news release and in a regulatory filing published on Monday, March 28, 2022, Gerald L. (Jerry) Salzman has left his post as chief executive officer at the publisher of newspapers and web sites covering California and Arizona, after 36 years in the role, effective March 22, 2022. Who accepts. All rights reserved. Who mourns. As my nephew Chris DeMuth Jr. of Rangeley Capital put it, So much for the idea that you cant time the market. another shibboleth of efficient market theory. Computer Sciences Corp. CEO Mike Lawrie's pay package over the last year was enough to propel him into the top five highest-paid executives in the Greater Washington area. Division of Corporate Finance. . By my reckoning, the stock portfolio accounts for roughly 60% of the value of the company. Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director. Data may be intentionally delayed pursuant to supplier requirements. Its board is also stacked with two superinvestors: Charlie Munger and Rick Guerin. Who deserves it. March 28, 2022 07:00 ET | Source: Daily Journal. And hes hungry to do more!, Jerry has spent more than half his life working at the Daily Journal, and hes 83 years old. Who regrets. These promotions reflect the experience, knowledge and continuing contributions of the companys key players, which is a testament to Mr. Salzman's mentorship. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. It is made available only to Daily Journal subscribers for personal . Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. They decided to invest it in Wells Fargo stock (ticker: WFC), selling at $8 a share in the dregs of the financial crisis. We are incredibly fortunate that Steven found his way into our lives. Who leaves for good. call 866-531-1492 or email subscribe@dailyjournal.com This is the property of the Daily Journal Corporation and fully protected by copyright. Whos number 2. Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. Charlie Munger. In addition, as part of creating additional long-term incentives for the management team while recognizing the dilution to shareholders that such incentives can cause, the companys Board of Directors has accepted Mr. Mungers gracious offer to gift to the company $1 million worth of his personal Daily Journal stock for the company to use as the basis for a new equity incentive plan. Click here to check it out. Who is hostile. Possibly. Who resigns. Contact 2? Who is major. dvelopper et amliorer nos produits et services. CEO Gerald L Salzman sold 8,286 shares of DJCO stock on 12/22/2020 at the average price of $332. CEO Gerald L Salzman sold 1,800 shares of DJCO stock on 12/11/2020 at the average price of $300. The Beachbody Co., Inc., Daily Journal Corp. Secretary & Executive Vice President-Publications, Total Insider Purchases and Sales Reported to the SEC, Vanguard US Total Market Shares Index ETF, Vanguard Institutional Total Stock Market Index Trust, Russell Investment Co. - Tax Managed US Mid & Small Cap Fund, Northern Trust Investments, Inc.(Investment Management), JPMorgan Securities LLC (Investment Management). Whos number 1. (I.R.S. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Jerry Salzmans duties as CEO will be taken over temporarily by Steven Myhill-Jones, a former chief executive officer at Latitude Geographics, as Interim Chief Executive Officer. Who chairs. Stand Up is a daily podcast. As announced by Daily Journal Corp. in a news release and in a regulatory filing published on Monday, March 28, 2022, Gerald L. (Jerry) Salzman has left his post as chief executive officer at the publisher of newspapers and web sites covering California and Arizona, after 36 years in the role, effective March 22, 2022. Number one, the media, the corporate media for two years has been lying about this. For the complete insider trading history of DJCO, click here. The announcement follows an increase in Daily Journal Corp.s share price of 43% since March 2017. Its impossible to imagine a more capable manager or better teacher, and the shareholders of the company owe Jerry a big debt of gratitude.. Who is a bigwig. Washington, D.C. 20549 . These promotions reflect the experience, knowledge and continuing contributions of the companys key players, which is a testament to Mr. Salzman's mentorship. Who is down. The average employee at Daily Journal makes $43,729 per year. . Charles Munger will relinquish the chairman title, but will continue serving as a director, and as such will continue to pay particular attention to matters with which he has been involved in the past, including the companys securities portfolio. Charlie Mungers Firm Doubles Down on Alibaba Investment. We are incredibly fortunate that Steven found his way into our lives. This was in 1984. Latitude (now VertiGIS) grew to a global client base of 1,400 clientsfrom small municipalities to Fortune 500 companies and the United Nationsbefore being acquired in 2017. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Its flagship papers include the Los Angeles Daily Journal and the San Francisco Daily Journal, . For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390. . Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Who is sad. The Company further stated: In addition, as part of creating additional long-term incentives for the management team while recognizing the dilution to shareholders that such incentives can cause, the companys Board of Directors has accepted Mr. Mungers gracious offer to gift to the company $1 million worth of his personal Daily Journal stock for the company to use as the basis for a new equity incentive plan., Munger stated: I want for this gift to reflect the confidence I have in the existing team and Stevens new leadership. Who is first. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the companys new Chairman and Interim Chief Executive Officer effective today. Data may be intentionally delayed pursuant to supplier requirements. Munger became Chairman (because he was an attorney) with . 11% of Daily Journal employees are Black or African American. Who assists. The Daily Journal is a legal publisher in Los Angeles, spun out in 1986 as a public company from a closed-end fund Munger and Guerin owned. Please enable Strictly Necessary Cookies first so that we can save your preferences! LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the companys new Chairman and Interim Chief Executive Officer effective today. 915 EAST FIRST STREET, LOS ANGELES, CA 90012. DAILY JOURNAL CORPORATION (Exact Name of Registrant as Specified in its Charter) SOUTH CAROLINA. The Rest of the Portfolio. Mr. Myhill-Jones will succeed Gerald Salzman as CEO. President. The Journal and its Asian editions are published six days a week by Dow Jones & Company, a division of News Corp.The newspaper is published in broadsheet format and online. Who is bad. Si vous ne souhaitez pas que nos partenaires et nousmmes utilisions des cookies et vos donnes personnelles pour ces motifs supplmentaires, cliquez sur Refuser tout. Type a symbol or company name. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in documents we file with the Securities and Exchange Commission. Who congratulates. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. Of those seven, Walter Schloss, Tom Knapp, and William Ruane have departed on that Last Train to Graham & Doddsville. In addition, as part of creating additional long-term incentives for the management team while recognizing the dilution to shareholders that such incentives can cause, the companys Board of Directors has accepted Mr. Mungers gracious offer to gift to the company $1 million worth of his personal Daily Journal stock for the company to use as the basis for a new equity incentive plan. Munger became Chairman (because he was an attorney) with Guerin as the largest single shareholder, and Gerald Salzman the Platonic form of a Buffett-style manager taking over as CEO shortly thereafter. (Disclosure: the author has a position in the Daily Journal Corporation a reliable sell indicator.). Who wins. Source: Kantar Media. Who packs in. Not a bad profit considering that they paid $2 million for it in 1977. No wonder, you say two of the magnificent seven superinvestors are showrunners. The meeting was held on February 24, 2021. Who bows out. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Daily Journal Corp publishes newspapers and web . Who steps up. Who quits. 61% of the management team is White. Who is sorry. Sign up and receive our free newsletter every Monday morning. Gerald L. Salzman Chief Executive Officer; Director: Disposition $300.00 PER SHARE: 1,800 $540,000: Dec 10 . Who packs out. Who is invested. You can find out more about which cookies we are using or switch them off in settings.
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