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. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the . It is a generational change. 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]. Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. Charlie Munger at the 2021 Daily Journal annual meeting spoke once again at great length. Who repeats. Daily Journal Corporation has 1 board member or advisor, Charles Munger . Daily Journal Corporation publishes newspapers and websites reporting California and Arizona news and produces several specialized information services. Who hurts. 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. And hes hungry to do more!, Jerry has spent more than half his life working at the Daily Journal, and hes 83 years old. At this rate, he'll likely (hopefully) reach the longevity of Irving Kahn. Who speaks. Who is there. 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. Who is a big wheel. Form 10-Q for the Quarter Ended December 31, 2013 . I book,host,edit, post and promote new episodes with brilliant guests every day. Pour en savoir plus sur la faon dont nous utilisons vos donnes personnelles, veuillez consulter notre politique relative la vie prive et notre politique en matire de cookies. [citation needed]. Who goes through hell. It operates in two segments, Traditional Business and Journal Technologies. Mr. Salzman is retiring after more than 44 years of dedicated and multi-faceted service to the company. 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]. Daily Journal Corporation. Charlie Munger. They spoke . Whos obsolete. The Daily Journal's publications carry commercial advertising, and most also contain public notice advertising. Gerald L. Salzman served on the Companys Board of Directors from 1986 until December 2021. Who steps up. Who stumbles. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the company's new Chairman and . Who comes. [2][3][4], The original newspaper, The Daily Court Journal (Los Angeles), began publication in 1888. Who reigns. Who keeps going. Who goes behind. 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 . They have been labeling as misinformation and . And he did it all. Who is bad man. 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. 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. Sign up and receive our free newsletter every Monday morning. Daily Journal. 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. Munger became Chairman (because he was an attorney) with . Senator Ted Cruz (R-TX) said the media should be held accountable for having "echoed" Chinese Communist talking points about COVID-19 over the last two years. Who is doomed. The total sale was $2.8 million. Who steps back. Mr. Myhill-Jones will succeed Gerald Salzman as CEO. We are incredibly fortunate that Steven found his way into our lives. Myhill-Jones . Read the full story in the exechange report 14.2022 ($). Who is chief. Who is down. March 28, 2022 07:00 ET It . Who contributes. All rights reserved. Who is shamed. Heres Why. Dream on. To subscribe, click here. 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. The announcement follows an increase in Daily Journal Corp.s share price of 43% since March 2017. mesurer votre utilisation de nos sites et applications. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. We keep you up to date on the latest CEO changes. 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). Journal Technologies, Inc. is a wholly owned subsidiary and supplies case management software systems and related products to courts and other justice agencies. Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services. Who is a leader. Who goes ahead. CEO Steven Myhill-Jones Number Of Employees 315 Sector Consumer Services. I want for this gift to reflect the confidence I have in the existing team and Stevens new leadership, Mr. Munger said. Who leaves. Who is successor. The Daily Journal Corporation has been publicly traded since 1987 on the NASDAQ under DJCO. Who resigns. 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. 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. Stand Up is a daily podcast. Who is missed. .This article first appeared on GuruFocus. Who can say it? 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 is confidant. Who sees green. For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390. . He remains the Company's Chief Executive Officer, President, Chief Financial Officer and Treasurer. Company profile for Daily Journal Corp. including key executives, insider trading, ownership, revenue and average growth rates. By my reckoning, the stock portfolio accounts for roughly 60% of the value of the company. Public notice advertising consists of many types of legal notices required by law to be published in an adjudicated newspaper of general circulation, including notices of death, fictitious business names, trustee sale notices and notices of governmental hearings. Who does well. 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. Never mind! Charles T. Munger purchased the paper in 1977 and through a series of acquisitions and organic growth built it into a group of newspapers and websites that provide information on the legal industry, real estate and general business. The Company operates through two segments: Traditional Business and Journal Technologies. Mr. Salzman is also the President, Chief Executive Officer, Chief Financial Officer and Secretary of Journal Technologies. But wait thats applying modern portfolio theory to the Daily Journal. 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. Who is a friend. Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. 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. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Keeping this cookie enabled helps us to improve our website. Who is family. Contacts On average, Daily Journal executives and independent directors trade stock every 30 days with the average trade being worth of $320,430. It's always a wonderful pleasure to hear Charlie Munger speak at the Daily Journal Annual Meeting. Mr. Myhill-Jones is a Canada-based technology executive, entrepreneur and investor. Who is at C-level. Hes whip smart and full of energy, said Mr. Munger. Who earns it. 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. Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services. Who wins. Some people buy Daily Journal stock believing it to be a Munger hedge fund. Gerald L. Salzman Chief Executive Officer; Director: Disposition $300.00 PER SHARE: 1,800 $540,000: Dec 10 . Who is selected. Who has a say. Who is up. Copy and paste multiple symbols separated by spaces. Fundamental company data and analyst estimates provided by FactSet. Journal Technologies has distinguished itself in the market with a browser-based case management system that is a highly configurable business processing engine that is the centerpiece for document management and e-filing. Who bows out. Employer. On December 29, 2021, Maryjoe Rodriguez was appointed to the Board to fill the vacancy created with Mr. Salzman's resignation. 1,574 followers. I am incredibly excited about this opportunity to learn from and work with the team at the Daily Journal and Journal Technologies, said Mr. Myhill-Jones. Who steps down. 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. Chief Executive Officer. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Charlie Munger: 2021 Daily Journal Annual Meeting Transcript. Who is first. The price of the stock has increased by 18.31% since. Have a noteworthy news item, verdict, or settlement? Who accepts. DAILY JOURNAL CORP : Submission of Matters to a Vote of Security Holders Charlie Munger downplays risk of Taiwan invasion, says crypto fans are 'idiots', Transcript : Daily Journal Corporation - Shareholder/Analyst Call. It's crazy. Data may be intentionally delayed pursuant to supplier requirements. Charlie Munger will leave his role as chairman of Daily Journal, according to a regulatory filing Monday. Who is victor. call 866-531-1492 or email subscribe@dailyjournal.com This is the property of the Daily Journal Corporation and fully protected by copyright. Daily Journal. Who tumbles. Filed on August 13, 2014 Follow the Daily Journal Facebook; Twitter; YouTube; Instagram . Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. It was too cheap, explains Munger. Who is gone. Who is well. Who recovers. Who distributes. (Disclosure: the author has a position in the Daily Journal Corporation a reliable sell indicator.). Throughout the transcript below, I have included clickable links to my notes and articles . As of June 30, 2010, The Daily Journal Corporation had cash and equivalents of $4,475,000 and US Treasury Notes and Bills of $10,639,000. How to assess the Push-out Score: a 10-step guide. 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. Girardi, 2 others charged with stealing $18M from clients. AIC President/CEO,RiskPro Insurance Services, Inc. P.O. Charles T. Munger, who is also vice chairman of Berkshire Hathaway, is the former chairman and a current director.. Publishing business. 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. Source: Kantar Media. International stock quotes are delayed as per exchange requirements. The total sale was $626,630. Mr. Gerald L. Salzman has been President at Daily Journal Corporation since 1986 and serves as its Chief Executive Officer, Chief Financial Officer, Treasurer, Chief Accounting Officer, Assistant Secretary and Director. Chief Executive Officer and Chairman of the Board. 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. Daily Journal Corporation announced that On December 29, 2021, Gerald L. Salzman resigned from the Board of Directors of the Company. Who is not named. Who chairs. Daily Journal 1 Dearborn Square, Suite 200 Kankakee, IL 60901 Phone: 815-937-3322 Email: editors@daily-journal.com. Charlie Mungers Firm Doubles Down on Alibaba Investment. Tu To, the companys long-time Controller, will become Chief Financial Officer, effective today. This is the property of the Daily Journal Corporation and fully protected by copyright. Detailed company description & address for Daily Journal Corp.. Treasurer : Dated: July 3, 2014 . Type a symbol or company name. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Presently, Gerald L. Salzman holds the position of President, CEO, CFO, Treasurer & Director at Daily Journal Corp. and Secretary, Chief Executive & Financial Officer at Journal Technologies, Inc. (a subsidiary of Daily Journal Corp.). Who is at rest. Opinions expressed by Forbes Contributors are their own. Who regrets. The federal indictment in Los Angeles accuses Thomas V. Girardi and Christopher Kamon . To me, Munger sounded slightly more optimistic this year than last. 2132295300. dailyjournal.com. CEO of Daily Journal Corp (30-Year Financial, Insider Trades) Gerald L Salzman (insider trades) sold 8,286 shares of DJCO on 12/22/2020 at an average price of $332 a share. Who is humbled. Who decides. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. We are using cookies to give you the best experience on our website. . Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. 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. Also on December 29, 2021, Peter D. Kaufman informed the Company that he will not stand for re-election at the . 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. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Who is fired. 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. A fictitious business name web site, www.DBAstore.com, enables individuals to send their statements to the company for filing and publication and another web site, www.LegalAdStore.com, enables attorneys and individuals to send probate, civil, corporate, public sale and other types of public notices to the company. 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. They also have listed positions in Bank of America and US Bankcorp in a highly concentrated portfolio (a half-dozen positions) that would give modern portfolio theorists the heebie-jeebies. Is there a competitive advantage to having two superinvestors on your board of directors? CEO: Steven Myhill-Jones. Who fights for money. Washington, D.C. 20549 . Who is ousted. He founded and bootstrapped web-based geography software company Latitude Geographics at the age of twenty-three. "CNSB", a division of the company, is a statewide newspaper representative specializing since 1934 in public notice advertising. Who is a bigwig. Who is replaced. 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 designs. Whos number 2. DJCO - key executives, insider trading, ownership, revenue and average growth rates. His ability to wear so many hats was a crucial part of what helped our little company grow, evolve and expand. Who is host. Contact 3 . Who is good. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Daily Journal Corp publishes newspapers and web sites covering California and Arizona and produces several specialized information services. That leaves three others in the public sphere. Who is a follower. Berkshires Charlie Munger Praises China for Banning 'Worthless Bitcoin, Daily Journal Corporation Announces Financial Results for the Three Months ended December 31, 2022, Daily Journal Corporation Announces Financial Results for Fiscal Year ended September 30, 2022, This value fund manager is sticking with Netflix and Facebook's parent and has a new position in another megacap tech stock, Charlie Mungers Daily Journal Slashes Alibaba Stake, Charlie Munger compares crypto to 'venereal disease,' warns of inflation danger, Charlie Munger Expects Index Funds to Change the Worldand Not in a Good Way. GuruFocus has detected 4 Warning Sign with UPWK. We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. Who is silent. LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Daily Journal Corporation is pleased to announce that Steven Myhill-Jones has been selected as the company . Its board is also stacked with two superinvestors: Charlie Munger and Rick Guerin. Tu To, the companys long-time Controller, will become Chief Financial Officer, effective today. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. 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. About Daily Journal Corp. (S.C.) 915 EAST FIRST STREET, LOS ANGELES, California, 90012, United States +1 213 229-5300 https://www.dailyjournal.com. He founded and bootstrapped web-based geography software company Latitude Geographics at the age of twenty-three. 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. For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390. . On average, employees at Daily Journal stay with the company for 4.4 years. 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.. Who is in quest. Who is under. Michelle Stephens has become Executive Vice President-Publications of Daily Journal Corporation. Who suffers. But the jury is out. Mar 28, 2022, 7:00 AM ET. February 26, 2021 / Richard Lewis / 6 Comments. Hes whip smart and full of energy. 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. Imagine that! The company now publishes 10 newspapers in California and Arizona. Who is sorry. Hes whip smart and full of energy, said Mr. Munger. WARREN, Ohio - Loans drive the engine of any financial institution and it was full steam ahead for 717 Credit Union in 2022. The Rest of the Portfolio. Source: FactSet. Who means well. Copyright FactSet Research Systems Inc. All rights reserved. Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. Value investors know Warren Buffetts classic retort to efficient market theory, The SuperInvestors of Graham and Doddsville. It originally took the form of a speech he gave at Columbia business school on the 50th anniversary of the publication of Graham and Dodds Security Analysis. Steven Myhill-Jones will succeed Salzman as CEO. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Who is right. Who is invested. 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. Daily Journal Corporation does important work for courts and the legal community, and I look forward to being part of helping chart our ongoing course to maximize the potential of our reputation, technology and capital.. Change value during other periods is calculated as the difference between the last trade and the most recent settle. 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. Legendary investor and polymath Charlie Munger, Berkshire Hathaway's vice-chairman and Warren Buffett's long-time business partner, headlined the Annual Meeting of Shareholders of the Daily Journal Corporation in Los Angeles on Wednesday.For nearly two hours, Munger, chairman of the Daily Journal's board, and Jerry Salzman, the company's CEO, fielded shareholder questions about topics ranging . Steven was part of a team that built a very successful technology company out of nothing, and he ran it for a long period of time, with tenacity, patience and a focus on customer service. Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, and Utah. Why Wells Fargo? The company was founded on December 31, 1969 and is headquartered in Los Angeles, CA. Who is honored. Danny Hemnani has been promoted to CEO of Journal Technologies, and Maryjoe Rodriguez is now its President. Whos old. In early 2009, the Daily Journals coffers were sloshing with cash from printing foreclosure notices undertakers during a plague is how Munger describes it. Data may be intentionally delayed pursuant to supplier requirements. 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. Who is sorted out. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. But there is one other company on Spaceship Earth with the same distinction: the Daily Journal Corporation (ticker: DJCO). Type a symbol or company name. Daily Journal Corporation | 1469 seguidores en LinkedIn. Charles Munger said: We are incredibly fortunate that Steven found his way into our lives. Who is hero. 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. Who gives in. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Not a bad profit considering that they paid $2 million for it in 1977. Steven Myhill-Jones is about 37 years younger than Jerry Salzman. Who topples. I have been unable to conclusively disprove the rumor that this decision took placeover a bridge game with Guerin at the L.A. Country Club. Who says what. The meeting was held on February 24, 2021. 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. The price of the stock has increased by 0.08% since. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Who exits. Myhill-Jones will succeed Gerald Salzman as CEO. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. 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. DAILY JOURNAL CORPORATION (Exact Name of Registrant as Specified in its Charter) SOUTH CAROLINA. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. With the legal publishing biz in decline, Daily Journal has acquired new enterprisesto muscle into the legal software market. The courts in the United States and around the world carry out incredibly important work that is crucial to civilization. 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.
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