"Joe:
FYI
NY Times just released information that they were cutting dividend payments by 74%. http://www.marketwatch.com/news/story/new-york-times-co-cuts/story.aspx?guid=%7B9DDCC6AF-F03F-4EB0-B709-5DAECF02BB34%7D&dist=msr_1
If Gannett follows suit and takes similar action, Buffett will surely exodus right-a-way and unload 3.4 million shares on the open market forcing their stock into steep plunge.
Gannett is truly in a precarious position."
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
1 comment:
Joe,
The company I work for advertises in DT.
DT's is apparently now OUTSOURCING their accounts receivables. We took them over a payment check several days ago IN PERSON but they just called me asking for a payment on the account. The guy had NO clue I had paid them!
The caller ID said it was a MISSOURI number!
So.....does this mean they are already employing even less LOCAL people????
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