Welcome to our dedicated page for Graham Holdings news (Ticker: GHC), a resource for investors and traders seeking the latest updates and insights on Graham Holdings stock.
News and press releases related to Graham Holdings Company (NYSE: GHC) highlight developments across its diversified operations in educational services, television broadcasting, healthcare services, manufacturing, automotive, retail, media, e‑commerce and digital services, restaurants, and custom framing. As a multi‑segment holding company, Graham Holdings regularly issues updates on business performance, strategic transactions, and activities within its subsidiaries.
Education‑focused news often centers on Kaplan, Inc., which is described as a global education company and a subsidiary of Graham Holdings. Recent releases cover topics such as Kaplan’s recognition on rankings of online learning providers, partnerships with colleges and universities to provide preparation for graduate‑level admissions and professional licensing exams, and initiatives that address specific educational needs, including webinars and programs aimed at professional and academic skills development.
In the media and broadcasting area, news from Graham Media Group—identified as a subsidiary of Graham Holdings—includes leadership appointments and descriptions of its role as a television broadcasting company operating local media brands and digital platforms. These stories illustrate how the Television Broadcasting segment participates in local news, programming, and advertising‑related activities across multiple distribution channels.
Corporate news for Graham Holdings Company also includes announcements of quarterly earnings, Investor Day events, and financing activities. For example, the company has issued press releases and filed 8‑K reports regarding its quarterly financial results, a virtual Investor Day focused on operations and financials, and private offerings of senior unsecured notes along with amendments to its revolving credit facility. Together, these items provide investors and observers with a view of operating trends, capital structure decisions, and segment‑level performance.
This news page aggregates such updates so readers can review Graham Holdings’ recent earnings releases, subsidiary announcements, educational initiatives, broadcasting developments, and financing disclosures in one place. Users interested in GHC news can consult this feed to follow the company’s reported activities across its various business segments.
Graham Holdings Company (NYSE: GHC) announced the retirement of Barry Holden, CEO of Hoover Treated Wood Products, effective later this year after 50 years in the role. David Gillrie, previously with Oldcastle APG, will take over as CEO. Timothy J. O’Shaughnessy praised Holden's leadership and contributions, emphasizing the pride in Hoover's legacy. Gillrie is recognized for his extensive experience in the building materials sector and his capability to uphold Hoover's strong leadership.
Kaplan has launched its 2022 $30K Tuition Sweepstakes, aimed at helping college students finance their graduate education. Open until November 17, the contest is available to all enrolled college students in the United States. A random winner will be selected on November 23. This initiative highlights Kaplan's ongoing commitment to support students in achieving their educational goals. The sweepstakes prize can significantly cover tuition for various graduate programs. Kaplan, a subsidiary of Graham Holdings Company (GHC), has awarded tens of thousands of dollars in previous contests.
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Graham Holdings Company (NYSE: GHC) has announced a quarterly dividend of
Kaplan has entered into a strategic educational agreement with LPL Financial, enhancing its long-standing partnership. As part of LPL’s Vendor Affinity Program, Kaplan will offer a wide range of financial education programs with discounts for LPL employees and advisors. Programs include professional designations in financial planning and exam prep for various certifications. This collaboration aims to support LPL's goals of employee retention and development, ultimately benefiting its affiliates and clients. Both companies emphasize the importance of accessible, high-quality financial education.
Librarium, in partnership with Meta Reality Labs and Kaplan, has launched an innovative VR app for test preparation on Meta Quest 2, priced at
Residential Hospice, a division of Graham Healthcare Group, has acquired Comfort Hospice in St. Louis, Missouri, and Grace Hospice in Maumee, Ohio from U.S. Medical Management. This strategic acquisition marks Residential Hospice's entry into the Missouri and Ohio markets, expanding its footprint in the Midwest. The company plans to retain current employees to ensure continuity of care and will enhance patient and staff support with improved benefits and operational efficiencies. This move aims to make hospice care more accessible and align with Residential Hospice's commitment to quality patient care.
Metis, a premier data science training provider and part of Kaplan, has partnered with Florida International University (FIU) to introduce the FIU Data Science Bootcamp. This 24-week online program starts in October and features a project-based curriculum crafted by leading professionals. Six specialized 4-week courses cover essential topics such as Python fundamentals, exploratory data analysis, machine learning, and natural language processing. The initiative aims to equip learners with vital skills for lucrative careers in the growing data science sector.
The Kaplan Educational Foundation announces the college acceptances of its latest cohort in the Kaplan Leadership Program, which supports low-income and underrepresented community college students in obtaining bachelor's degrees from prestigious institutions. Established in 2006, the program offers extensive resources including tutoring, advisement, and stipends. This year, students received acceptances from renowned schools including Princeton University and Haverford College, with a historical 87% graduation rate for Kaplan Scholars.
Graham Holdings Company (NYSE: GHC) reported a net loss of $67.5 million ($13.95 per share) for Q2 2022, down from a profit of $115.4 million ($22.99 per share) in Q2 2021. Excluding certain items, net income was $59.7 million ($12.07 per share), up from $44.6 million ($8.85 per share) in the prior year. Revenue rose 16% to $933.3 million, driven by gains in education, broadcasting, and healthcare. However, the company faced a $165.5 million loss on marketable equity securities and declines in manufacturing revenues.