Gannett Co Inc
NYSE: GCI
$2.69
-$0.03 (-1.1%)
Closing price April 24, 2024
Monday's top analyst upgrades and downgrades included Baker Hughes, Chewy, Chubb, eBay, Etsy, Gannett, GoDaddy, PayPal, Spotify, Southwest Airlines, Starbucks, Tesla and Zoom Communications.
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The odds that McClatchy papers will be sold is high, and there is already a list of potential buyers.
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Here are five stocks of popular consumer services providers that recently saw their 50-day moving average cross below the 200-day average, a death cross.
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The list of daily newspapers that have shut down grows more rapidly by the year, not to mention those that have had massive layoffs.
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The Reading Eagle may not be the last paper that survives mostly in name only. The newspaper industry's tragedy is far from over.
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Many in the industry expected that if Digital First Media directors began to influence the Gannett board, then Gannett faced dismantling. Eventually, Digital First might even become Gannett's owner.
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The top analyst upgrades, downgrades and other research calls from Friday include Apple, Biogen, Costco, Kroger, Humana and Patterson-UTI.
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New tariffs levied against newsprint imported from Canada to the U.S. will cost already struggling newspapers millions of dollars. Survival is not guaranteed.
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A sharp weakening of the digital ad duopoly as marketers lose trust in the properties they have relied on for so long could be a windfall larger than other media properties could ever have expected.
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Apple may enjoy a massive tax windfall under the new tax code, UPS warns some holiday deliveries could be delayed, and other important headlines.
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The New York Daily News has lost money for a number of years, but Tronc now has papers in Los Angeles, Chicago and New York City, the nation's three largest markets.
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As media veteran Ross Levinsohn steps up as the new publisher and CEO of the Los Angeles Times, the parent company has a market cap of $440 million.
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Avon CEO Sheri McCoy will retire, Uber rented unsafe cars to its drivers in Singapore, Sports Illustrated will start a modeling agency, and other headlines.
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In the past five trading days, many of America's largest publicly traded newspaper companies have been under siege on Wall Street.
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Can Gannett can reach its revenue guidance for 2017, which is between around $3.2 billion? If it can match or beat those numbers, its stock is likely to rally strongly.
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