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"Jim knows the classified newspaper and online advertising market inside and out," Barbara Swanson, group vice president of advertising and marketing for STNG, said in a statement.
According to STNG, with this new network each of its websites will remain dedicated to serving its local community.
The section will run on Thursdays in 51 Pioneer Press titles (expect for the West Zone, where the section runs on Wednesdays) and on Fridays in the rest of STNG's publications.
The newest companies to join the partnership are the Sun-Times News Group (STNG) with its flagship Chicago Sun-Times and 70 Chicago-area papers; the Milwaukee Journal Sentinel; Black Press, which includes the Akron Beacon Journal and the Honolulu Star-Bulletin; Stephens Media Group, including the Las Vegas Review Journal and 11 dailies; Independent Newspapers, publisher of the Delaware State News; and Yankton Media, publisher of the Yankton Daily Press and Dakotan.
Parquette downgraded Scorpio Tankers (STNG) to Neutral from Overweight with an unchanged $23 price target ahead of the company's Q4 results, stating that the dilution and leverage incurred over the past 1-2 years limits upside relative to other stocks in the space.
Scorpio Tankers Inc (NYSE: STNG) announced on Tuesday the entering into agreements to purchase four LR2 product tankers for approximately USD60.0m each.
(NYSE: STNG), a company that marine transports refined petroleum products globally, has priced its public offering of 7,000,000 shares of its common stock.
The Sun-Times News Group (STNG) launched a new section, SearchChicago-Autos, to run Thursdays in the group's 58 paid newspapers to complement the Web site.
Scorpio Bulkers (SALT) downgraded to Neutral from Overweight at JPMorgan with analyst Noah Parquette citing the company's related party transactions and recent investment in Scorpio Tankers (STNG) for the downgrade.
Scorpio Tankers Inc (NYSE: STNG), a provider of marine transportation of petroleum products worldwide, announced on Wednesday plans to offer, issue and sell to the public 15,000,000 shares of its common stock, par value USD0.01 per share, through an underwritten public offering.
Kingsbury, 40, joined the STNG in January 2007 as director of marketing analytics.
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