Lee Enterprises Inc. (LEE)

Lee Enterprises, Incorporated provides local news, information, and advertising primarily in midsize markets in the United States. It publishes 49 daily newspapers, as well as offers approximately 300 weekly newspapers and specialty publications in 23 states. The company also offers online services and advertising services. In addition, it provides online infrastructure and online publishing services for approximately 1,500 daily and weekly newspapers and shoppers. Further, Lee Enterprises has a joint interest in four newspapers. The company has a strategic alliance with Yahoo!, Inc., which offers its classified employment advertising customer base the opportunity to post job listings on Yahoo!s HotJobs national platform. Lee Enterprises was founded in 1890 and is based in Davenport, Iowa.

For the fiscal year ended 30 September 2006, Lee Enterprise Inc.'s revenues rose 38% to $1.13B. Net income rose less than 1% to $71.3M. Revenues reflect higher sales from Advertising, Circulation and increased Other income. Net income was offset by an increase in compensation expenses, higher newsprint & ink expenses, increased depreciation & amortization expenses, higher financial expenses and an increase in other operating expenses.