Daily Journal Corp increased its stake in Alibaba Group Holding Limited (NYSE:BABA) by 82.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 302,060 shares of the specialty retailers stock after buying an additional 136,740 shares during the period. Alibaba Group accounts for approximately 19.9% of Daily Journal Corps portfolio, making the stock its [] Read more

Billionaire Charlie Munger''s Daily Journal Boosts Alibaba Baba Stake By 83% U.S. billionaire investor Charlie Munger doubled down on his Alibaba position in the third quarter, according to an SEC filing. Munger''s chairman position of the Daily Journal Corporation isn''t well known as his other jobs, such as vice-chairman of Berkshire Hathaway. Still, the legal newspaper has a sizeable investment portfolio where he boosted its Alibaba stake by 83% in the third quarter. The Daily Journal''s highly concentrated portfolio consists mainly of U.S. bank stocks and a South Korean steel-making company called POSCO. The second foreign company owned in the portfolio is Alibaba, which increased by 136,740 shares in the quarter to more than 300,000, worth nearly $45 million. Munger, a longtime China bull, initiated a position in Alibaba between $227-$270 in the first quarter. Shares in the Chinese e-commerce company have been nearly halved this past year due to Beijing''s regulatory crackdown of big-tech and other industries . Read more

Hong Kong stocks fell on Wednesday, in line with other Asian markets, largely unaffected by the first hour of the annual policy address from the financial hub''s leader Carrie Lam. ** The Hang Seng Index lost 0.46% to 23,992.99 by the end of the morning session, while the China Enterprises Index slipped 0.9% to 8,438.84. ** Mainland Chinese markets were closed for a public holiday, and MSCI''s broadest index of Asia-Pacific shares outside Japan fell 0.55%. Hong Kong stocks begin with gains ** In the early stages of a wide ranging speech, which is expected to take around two hours, Hong Kong chief executive officer Carrie Lam said the government would develop a new metropolitan area in northern Hong Kong and would strengthen national security education. ** Property stocks fell slightly more than the broader market. The blue chip property sub-index eased 0.9%, while the mainland index for the sector lost 1%. ** Chinese property manager Country Garden Services Holdings fell 4%, after it said on Monday a Fantasia Holdings unit failed to repay a 700 million yuan ($108 million) loan due on Oct. 4. ** Energy firms gained as oil prices continued to test multi-year highs. Read more

LOS ANGELES, Aug. 12, 2021 (GLOBE NEWSWIRE) -- During the nine months ended June 30, 2021, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $37,952,000 as compared with $36,907,000 in the prior year period. This increase of $1,045,000 was primarily from increases in (i) Journal Technologies license and maintenance fees of $744,000 and public service fees of $841,000 and (ii) the Traditional Business legal notice advertising net revenues of $471,000 and government notice advertising net revenues of $173,000, partially offset by reductions in (i) Journal Technologies consulting fees of $416,000 and (ii) the Traditional Business display advertising net revenues of $44,000, classified advertising net revenues of $31,000, trustee sale notice advertising net revenues of $335,000 and circulation revenues of $399,000. Read more

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LOS ANGELES, May 12, 2021 (GLOBE NEWSWIRE) -- During the six months ended March 31, 2021, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $24,390,000 as compared with $24,033,000 in the prior year period. This increase of $357,000 was primarily from Journal Technologies increased license and maintenance fees of $673,000, consulting fees of $631,000 and public service fees of $129,000, partially offset by reductions in the Traditional Business display advertising net revenues of $221,000, classified advertising net revenues of $92,000, trustee sale notice advertising net revenues of $235,000, legal notice advertising net revenues of $134,000 and circulation revenues of $266,000. Read more

During their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed Tyler Technologies, Inc. (NYSE:TYL) vs Daily Journal Corporation (NASDAQ:DJCO). Here’s an excerpt from the podcast: Q4 2020 hedge fund letters, conferences and more NYSE:TYL vs NASDAQ:DJCO Bill: No, it’s Tyler. They do a lot of the payment stuff for governments. […] The post Tyler Technologies vs Daily Journal Corporation appeared first on ValueWalk . Read more

Daily Journal Corporation shares closed today at 0.3% below its 52 week high of $333.33, giving the company a market cap of $458M. The stock is currently up 14.4% year-to-date, up 15.1% over the past 12 months, and up 60.9% over the past five years. This week, the Dow Jones Industrial Average fell 0.7%, and the S&P 500 fell 0.2%. Trading Activity Trading volume this week was 23.4% lower than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 0.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought. MACD, a trend-following momentum indicator, indicates an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at Infinity% higher than its 5-day moving average, 15.5% higher than its 20-day moving average, and 22.3% higher than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Communication Services industry sector this week, lags it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -100.0% The company's performance over the last 1 year beats its average peer by 1295.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected] © 2020 Kwhen Inc. Read more

Daily Journal Corporation shares closed 5.8% higher than its previous 52 week high, giving the company a market cap of $435M. The stock is currently up 8.5% year-to-date, up 9.2% over the past 12 months, and up 51.6% over the past five years. This week, the Dow Jones Industrial Average rose 1.2%, and the S&P 500 rose 1.3%. Trading Activity Trading volume this week was 4.1% higher than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 0.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought. MACD, a trend-following momentum indicator, indicates an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at Infinity% higher than its 5-day moving average, 17.2% higher than its 20-day moving average, and 22.9% higher than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Communication Services industry sector this week, lags it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -100.0% The company's performance over the last 1 year beats its average peer by 1236.1% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected] © 2020 Kwhen Inc. Read more

Daily Journal Corporation shares closed 0.0% lower than its previous 52 week high, giving the company a market cap of $435M. The stock is currently up 8.5% year-to-date, up 10.4% over the past 12 months, and up 51.6% over the past five years. This week, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 1.2%. Trading Activity Trading volume this week was 39.3% higher than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 0.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought. MACD, a trend-following momentum indicator, indicates an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at 4.1% higher than its 5-day moving average, 12.1% higher than its 20-day moving average, and 16.4% higher than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Communication Services industry sector this week, lags it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -100.0% The company's performance over the last 1 year beats its average peer by -1031.1% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected] © 2020 Kwhen Inc. Read more

Daily Journal Corporation shares closed the week 12.4% higher than it did at the end of last week. The stock is currently up 3.7% year-to-date, up 8.7% over the past 12 months, and up 45.7% over the past five years. This week, the Dow Jones Industrial Average rose 0.2%, and the S&P 500 rose 0.0%. Trading Activity Shares traded as high as $309.21 and as low as $269.90 this week. Shares closed 4% below its 52-week high and 5e+1% above its 52-week low. Trading volume this week was 52.7% lower than the 10-day average and 44.0% lower than the 30-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 0.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought. MACD, a trend-following momentum indicator, indicates an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at 6.3% higher than its 5-day moving average, 10.6% higher than its 20-day moving average, and 11.4% higher than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Communication Services industry sector this week, lags it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio beats its average peer by -100.0% The company's performance over the last 1 year beats its average peer by -633.1% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected] © 2020 Kwhen Inc. Read more

Daily Journal (NASDAQ:DJCO) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday, BidAskClub reports. Separately, TheStreet raised shares of Daily Journal from a “d+” rating to a “c+” rating in a research report on Friday, August 7th. DJCO stock opened at $279.80 […] Read more

The 2020 Daily Journal Corporation (NASDAQ:DJCO) meeting is in the books. At today’s meeting, board chairman Charlie Munger introduced the board and other key management… The post Charlie Munger On Active Investing “Prepare For Tougher Times Ahead”, “There Is Pain Ahead” [Full 2020 Daily Journal Meeting Notes] appeared first on ValueWalk . Read more

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Shares of Daily Journal Corp. (S.C.) ( DJCO ) sank into a new 52-week low yesterday, and could be a company to watch at the open. The company’s stock fell to as low as $0.00 yesterday after opening Read more