Daily Journal Corporation

Daily Journal Corporation Announces Receipt of Expected Non-Compliance Letter from Nasdaq

Retrieved on: 
Thursday, March 14, 2024

LOS ANGELES, March 14, 2024 (GLOBE NEWSWIRE) -- As previously announced on December 1, 2023, due to the death of director Charles T. Munger, Daily Journal Corporation (NASDAQ:DJCO) notified the Nasdaq Stock Market (“Nasdaq”) that the company’s audit committee has only two members, which is contrary to Nasdaq Listing Rule 5605(c)(2)(A)’s requirement that listed companies have an audit committee of at least three members.

Key Points: 
  • The company intends to fill the vacancy on the company’s board of directors and audit committee with a qualified individual who meets the criteria of the Nasdaq listing rules in advance of the compliance deadline.
  • Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services.
  • Journal Technologies, Inc. supplies case management software systems and related products to courts and other justice agencies.
  • We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise.

Choozle CEO, Adam Woods, Selected as a 2024 Colorado Titan 100

Retrieved on: 
Thursday, April 4, 2024

DENVER, April 4, 2024 /PRNewswire/ -- Choozle , a leading omnichannel digital advertising platform and services provider, today announced that Titan CEO and headline sponsor Wipfli LLP are pleased to include Adam Woods , CEO of Choozle as a 2024 Colorado Titan 100 .

Key Points: 
  • DENVER, April 4, 2024 /PRNewswire/ -- Choozle , a leading omnichannel digital advertising platform and services provider, today announced that Titan CEO and headline sponsor Wipfli LLP are pleased to include Adam Woods , CEO of Choozle as a 2024 Colorado Titan 100 .
  • "I'm deeply honored to be recognized as a Colorado Titan 100, alongside such esteemed leaders," Adam Woods, Choozle CEO.
  • Collectively the 2024 Colorado Titan 100 and their companies employ over 74,000 individuals and generate over $43 billion in annual revenues.
  • We proudly recognize the Titan 100 for their efforts to shape the future of the Colorado business community.

Daily Journal Corporation Announces Financial Results for the three months ended December 31, 2023

Retrieved on: 
Wednesday, February 14, 2024

LOS ANGELES, Feb. 14, 2024 (GLOBE NEWSWIRE) -- During the three months ended December 31, 2023, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $15,993,000 as compared to $12,301,000 in the prior year period.

Key Points: 
  • LOS ANGELES, Feb. 14, 2024 (GLOBE NEWSWIRE) -- During the three months ended December 31, 2023, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $15,993,000 as compared to $12,301,000 in the prior year period.
  • For the three months ended December 31, 2023, the Company recorded an income tax provision of $3,125,000 on the pretax income of $15,740,000.
  • Consequently, the overall effective tax rate for the three months ended December 31, 2023 was 19.9%, after including the taxes on the unrealized gains on marketable securities.
  • Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services.

Daily Journal Corporation Announces Financial Results for Fiscal Year ended September 30, 2023

Retrieved on: 
Thursday, December 28, 2023

LOS ANGELES, Dec. 27, 2023 (GLOBE NEWSWIRE) -- During fiscal 2023, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $67,709,000 as compared to $54,009,000 in the prior year.

Key Points: 
  • LOS ANGELES, Dec. 27, 2023 (GLOBE NEWSWIRE) -- During fiscal 2023, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $67,709,000 as compared to $54,009,000 in the prior year.
  • Journal Technologies’ business segment pretax income increased by $2,981,000 to $4,268,000 from $1,287,000 in the prior fiscal year primarily resulting from increased revenues of $13,369,000.
  • The Company’s investments generated approximately $8,336,000 in dividends and interest income for fiscal 2023, as compared to $5,451,000 in the prior fiscal year.
  • Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services.

Statement from Daily Journal Corporation regarding the passing of Charles T. Munger

Retrieved on: 
Thursday, November 30, 2023

LOS ANGELES, Nov. 29, 2023 (GLOBE NEWSWIRE) -- There is deep sadness across Daily Journal and Journal Technologies following news of the passing of Charles T. Munger on November 28, 2023.

Key Points: 
  • LOS ANGELES, Nov. 29, 2023 (GLOBE NEWSWIRE) -- There is deep sadness across Daily Journal and Journal Technologies following news of the passing of Charles T. Munger on November 28, 2023.
  • Above all, our condolences go to Charlie’s family and his many friends.
  • Charlie will be remembered for generations to come as a person of deep integrity and wisdom.
  • Charlie will be missed by Daily Journal Corporation’s board of directors (of which Charlie remained a director until his passing), our employees, and our shareholders.

Industry Partners to Achieve Increased Audience Reach Through Private Marketplace (PMP) Advertising

Retrieved on: 
Thursday, November 16, 2023

This capability enables clients to increase their audience reach and send strategic brand and disease state messages to target audiences in real-time.

Key Points: 
  • This capability enables clients to increase their audience reach and send strategic brand and disease state messages to target audiences in real-time.
  • Endemic advertisements are especially effective because they appear in places that are naturally relevant to the market(s) they target.
  • Through Healiolytics Endemic Programmatic advertising, clients can connect with more than three million HCPs in environments where they are most receptive to health messaging.
  • “Our primary goal is to provide advertisers with innovative solutions for communicating their brand’s value to HCPs in diverse specialties.

Yahoo Backstage Adds New Publishers, Begins Delivering Sustainable Performance for Advertisers

Retrieved on: 
Wednesday, November 15, 2023

This infusion provides advertisers with unparalleled access to a diverse range of quality media and advertising opportunities across multiple channels.

Key Points: 
  • This infusion provides advertisers with unparalleled access to a diverse range of quality media and advertising opportunities across multiple channels.
  • Available exclusively through the Yahoo DSP, Yahoo Backstage facilitates a direct line to curated, premium publisher inventory, enhancing engagement, brand visibility, and ROI.
  • Yahoo Backstage also offers a more sustainable buying practice by reducing the number of technology participants within a buy and supporting MFA-free inventory.
  • We’re interested to test Yahoo Backstage to drive efficient and sustainable programmatic media,” said Kristy Conrad, Head of Programmatic at Starcom.

Benchmark Selects Musick Peeler Partner Dan Woods as a Top Litigator

Retrieved on: 
Friday, October 13, 2023

LOS ANGELES, Oct. 13, 2023 /PRNewswire/ -- Musick Peeler LLP Partner Dan Woods has been highlighted in the 2022 edition of Benchmark Litigation as a 'California Litigation Star.'

Key Points: 
  • LOS ANGELES, Oct. 13, 2023 /PRNewswire/ -- Musick Peeler LLP Partner Dan Woods has been highlighted in the 2022 edition of Benchmark Litigation as a 'California Litigation Star.'
  • "Dan is an strategic lawyer and skilled litigator who continually provides the firm's clients with the highest degree of service," said Managing Partner R. Joseph De Briyn .
  • A partner in the Firm's Los Angeles office, Woods has been honored by The American Bar Association, California Bar Association, Inner City Law Center, Chambers USA and Los Angeles Daily Journal.
  • Two recent cases highlight Woods' ability to obtain significant results on behalf of clients in a variety of cases.

New IBD/TIPP Poll Shows Economic Optimism Plummeted in October

Retrieved on: 
Tuesday, October 3, 2023

The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, fell 16.0% in October.

Key Points: 
  • The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, fell 16.0% in October.
  • After climbing to a reading of 43.2 last month, the index plummeted to 36.3 this month.
  • The IBD/TIPP Economic Optimism Index has established a strong track record of foreshadowing the confidence indicators issued later each month by the University of Michigan and The Conference Board.
  • We’re clearly not out of the woods when it comes to the economy.”
    The flagship IBD/TIPP Economic Optimism Index has three key components.

Attorney R. Brent Wisner Recognized in 2023 Top 100 Lawyers and Class Action-Mass Tort Trailblazers

Retrieved on: 
Tuesday, September 12, 2023

LOS ANGELES, Sept. 12, 2023 /PRNewswire/ -- Wisner Baum's managing partner and senior trial attorney, R. Brent Wisner, has been recognized in the Daily Journal's Top 100 Lawyers and the National Law Journal's Class Action | Mass Tort Litigation Trailblazers for 2023.

Key Points: 
  • LOS ANGELES, Sept. 12, 2023 /PRNewswire/ -- Wisner Baum's managing partner and senior trial attorney, R. Brent Wisner, has been recognized in the Daily Journal's Top 100 Lawyers and the National Law Journal's Class Action | Mass Tort Litigation Trailblazers for 2023.
  • Plaintiff James Goetz would have been the first of many thousands of claimants to allege Zantac causes cancer before a jury.
  • Instead, the next Zantac trial will take place this November, with Wisner serving as co-lead trial counsel alongside Jennifer Moore of the Moore Law Group.
  • Wisner and Moore serve as co-lead trial counsel in both state court litigations.