Gannett's stock price has fallen dramatically in after hours trading on news just released 1 hour ago. Gannett just announced that it was slashing its dividend payments by 90% in an effort to conserve precious cash.
According to the AP wire it says 'it may give investors one fewer reason to hold on to the company's sagging stock'
Click here for more info: http://www.google.com/hostednews/ap/article/ALeqM5hXir9whGF15fyFe7mliZ3VFvKI_QD96IT6QG0
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1 comment:
What is SBYNEWS ticker symbol?
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