Today, Gannett Co., Inc. - (The Daily Times parent company) - set yet another record low and broke into $3/Share territory. The stock set a record low of $3.93/Share in today's trading.
The stock had a high this year of almost $40 share and the stock value has declined 90% in the past year.
Click here to see details on today's trading:
http://www.google.com/finance?q=NYSE:GCI
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
11 comments:
I am quite certain that Gannett will either be sold or shut the doors within the next 6 months.
Part of their demise is that they hitched their 'team of horses' to the liberal left and have fallen like many of their other breathren - (i.e. Air America).
Not to mention their is now a better mouse trap -(SBYnews). Unfortunately for The Daily Times, its to late for them to change gears.
beezer, do you have your ticker set to only look at gannet or did you see what the entire market did? The whole market is down 3.79% today.
yes, we know you have a problem with Gannett. and we all know they are in trouble. but what is the point of these posts? is it some type of happy dance or something? Why dont you do a happy dance about the rest of the market? Cause, the market is going down, down, down. along with your hated Gannett.
A few days ago I noticed the trading volume was 14.3 million shares - almost triple of what it has averaged over the past three months.
Don't be surprised to see a Form 4 (Change in Beneficial Ownership) or two to show up at the SEC. Someone wants out of GCI.
You know what gets me about DT. Today they covered the closing of 84 Lumber in Pocomoke because of declining business.
The bigger story would have been for them to have covered themselves and answered the basics; who, what, when, where, and why about their dramatic decline.
When you start publishing the Obits, real estate and classified's ad's the Times will be hurting. They tried to give me a $2,500 credit to advertise with them. I turned it down, I think only old people still read it.
testing a new account :-)
what is sbynews' ticker symbol?
USA TODAY is why Gannett will not fold Daily Times and thier siblings will die before Gannett will. Then unemployment will go up some more. I dont like them but America needs people too work. I would rather have crap news and have people working than nobody working.
up thats just what this town needs more people out of work...ya joe, lets see another Salisbury company close its doors for good...filtronic comtex, dresser, bayliner-maxium, etc
Why would anyone want to support a newspaper that purposely lies and deceives its patrons? For many many years the DT goes out of its way to support and protect special interest crooks like BPT and comegys...
Why would one continue to purchase, look at or support a newspaper that has had both hands in the destruction of our city?
Do you just refuse to see it? Have you no morals left?
Would you support and defend Hitlers henchmen?....they needed a job too!!
Did you just compare a small-town daily newspaper with Adolf Hitler?
Are you sure you've taken your medication today, sir? Take a look next to the bathroom sink, next to the glass of water. Do you see a bottle of pills?
You do? Good. Now, take more of them.
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