Wednesday, September 30, 2009

Newspaper stocks get a lift from Gannett

Gannett predicted Tuesday that its third quarter earnings would beat analyst expectations, giving newspaper stocks a boost. McClatchy rose 24 cents to $2.74 a share Tuesday. Click here for the story.

Hat tip: Fading to Black.
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2 comments:

Anonymous said...

These short-lived "profit" reports will be short-lived.

Anonymous said...

Pft, we still have thousands we can lay off.