LSC Communications, Inc. (LKSD) News
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Latest LKSD News From Around the Web
Below are the latest news stories about LSC Communications Inc that investors may wish to consider to help them evaluate LKSD as an investment opportunity.
LSC Communications, Inc. (OTCQX: LKSD) ("LSC" or the "Company") today announced that the Company, along with most of its U.S. subsidiaries, has voluntarily filed for business reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. The Company’s decision follows a comprehensive evaluation of opportunities to reduce its debt and better position LSC to compete and deliver exceptional products and services to its clients. LSC has sufficient liquidity to continue operating its business safely and efficiently and remains committed to serving its clients with the same high standards of quality and reliability they expect. LSC’s subsidiaries in Mexico and Canada are not included in the court proceedings ...
LSC Communications, Inc. -- Moody's downgrades LSC Communications' ratings following limited default
Moody's Investors Service (Moody's) downgraded LSC Communications, Inc.'s (LSC) corporate family rating (CFR) to Ca from B3, probability of default rating (PDR) to Ca-PD/LD from B3-PD, senior secured revolving credit facility rating to B3 from Ba3, senior secured term loan B and senior secured notes ratings to Ca from B3, and speculative grade liquidity rating to SGL-4 from SGL-3. Moody's has appended the "/LD" (limited default) designation to the PDR as a waiver of interest payments is a default.
LSC Communications, Inc. (OTCQX: LKSD) ("LSC" or the "Company") today announced that on February 27, 2020, its Board of Directors adopted a Stockholder Protection Rights Agreement (the "Rights Agreement") and declared a dividend of one Right on each outstanding share of Common Stock. The record date to determine stockholders entitled to receive the Rights is March 9, 2020. The Rights Agreement will expire on February 27, 2021.
LSC Communications, Inc. (OTCQX: LKSD) today reported financial results for the fourth quarter of 2019.
OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced LSC Communications, Inc. (OTCQX: LKSD), a print and digital media solutions company, has qualified to trade on the OTCQX® Best Market. LSC Communications, Inc. previously traded on the New York Stock Exchange.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
Dismal Near-Term Outlook for Commercial Printing Industry
LSC Communications (LKSD) delivered earnings and revenue surprises of -154.55% and -9.70%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
LSC Communications, Inc. -- Moody's announces completion of a periodic review of ratings of LSC Communications, Inc.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of LSC Communications, Inc. Toronto, October 09, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of LSC Communications, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.