Shares of McClatchy Co. sank Wednesday, after the publisher of local newspapers warned that it faced a “liquidity challenge” next year following an unfavorable ruling associated with required contributions to its under-funded pension plan. McClatchy, whose publications include the “Miami Herald,” “The Kansas City Star” and “The Charlotte Observer,” alsoRead More →

Shares of Facebook Inc. jumped 4% in after-hours trading Wednesday after the company announced third-quarter results that soundly beat analysts’ earnings estimates and topped revenue forecasts. The Menlo Park, Calif.-based company FB, -0.56% reported third-quarter net income of $6.09 billion, or $2.12 a share, in the quarter, compared with $5.14Read More →