Today - Gannett Corporation - GCI trading symbol - (The Daily Times parent company) - set an all time yearly record low price of $9.94 cents per share. Moreover - Gannett may be a prime takeover target.
Click here to learn more: http://www.google.com/finance?q=NYSE:GCI#
I wouldn't be a bit surprised if the DT upper management has approached SBYnews for a possible takeover of their Salisbury operations.
ReplyDeleteSBYnews is the only bright spot industry on the whole easternshore. The news is almost LIVE coverage.
8:56 PM
ReplyDeletelol not a chance
Out of curiosity were there any other corporation stocks that took a tumble today or is this just an attempt to get in a dig against Gannett and the DT?
ReplyDelete8:56 - is that you Joe?
If you didn't notice, the ENTIRE stock market took a huge tumble today...
ReplyDeleteIs it true that Shaler got canned? It was said he retired but there are no plans to replace him.
ReplyDeleteHe retired so he could be Pollitt's new Chief of Staff. However the Times will not be replacing him do to downsizing.
ReplyDeleteIt's called corporte downsizing. His salary can now be added directly to the bottom line. Print new media is a dead man walking. Seriously think about it. By the time it comes out in print, the internet has had it out, it's been talked about, and it's been forgotten. The writing is on the wall. Anyone with stock in companies engaged in print media are fighting a losing battle. Their attempts to get into the internet have fallen far short of being succesful because blogs change the rules. America loves drama. The blogs create and feed drama and mix it with news. The news is almost real time. Newspapers are dead in the water.
ReplyDeleteI hear that Suzanne Parker @ The Times is selling raffle tickets, wonder if they have a permit? Bet that they would make sure that you had one! Maybe things are worse than we think?
ReplyDelete