Gannett Company Inc. - The Daily Times parent company -reported yet another dramatic decline in revenues. Gannett reported just hours ago that their publishing advertising revenue plummeted 16.8% from year ago levels.
Their stock - GCI- continues to tread at record low levels as bad news seems to bestow the publishing company.
READ ON!!!
http://charlotte.bizjournals.com/phoenix/stories/2008/09/15/daily19.html
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
2 comments:
BREAKING NEWS --
FED REJECTS GANNETT BAIL-OUT
Chairman Bernanke asks why do that when we can get Sbynews for free?
GNI stock is not worth the paper it's written on.
Why in the world would someone invest in such a pathedic performer?
Better off to bail out now while you can. With all of the help that has been laid off, there is no more allure.
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