Updated: 31 October 2008 Not all companies and industries will be hit equally hard by the consumer credit crisis. Operations such as Procter & Gamble (PG), McDonald’s (MCD), and Wal-Mart (WMT) may…
Constellation Energy Group (CEG) falls on fears of link to the Lehman bankruptcy. The company says no. The shares plunges to $13 from 52-week high of $107.97. Gatehouse (GHS) shows why it’s…
Newspaper stocks are way off as the industry struggles with falling circulation and advertising revenue. But one company, Gatehouse (GHS), stands out as being much worse off that the rest. Today, research…
Douglas A. McIntyre Elan Corporation (ELN) Problems with one of the company’s major drugs. Falls to $9.55 from 52-week high of $37.45. Gatehouse (GHS) More poor newspaper earnings raise issue of whether company is viable.…
Seagate (STX) Misses numbers and gets pounded. Down to $14.27 from 52-week high of $28.91. Gannett (GCI) Advertising revenue falling fast. Drops to $14.62 from 52-week high of $55.37. Gatehouse (GHS) Another…
Even though the market expects poor results from newpaper companies, the actual results can come as a shock. Gannett (GCI) is off over 5% to a 52-week low of $15.93 on poor…
Gatehouse Media (GHS) Newspaper company down again. Falls to $1 from $19. Merrill Lynch (MER) More write-off fears. Sells off to $23.64 from 52-week high of $89.23. Citigroup (C) Bad Q2 on…
Washington Mutual (WM) Concerns mortgage firm will make it after government takes over IndyMac. Falls to $3.03 from 52-week high of $42.93. First Horizon (FHN) Same fears as with WM. Drops to…
Fannie Mae (FNM) hit by rumors that it and Freddie Mac may have to raise $75 billion. Drops to $14.65 from 52-week high of $70.57. Freddie Mac (FRE) sells down to $10.28…
Dear Mr. Reed, It is time to eliminate the Gatehouse (GHS) dividend. With the company’s stock at a 52-week low, and down 86% from the period high, Wall St. does not believe…
Douglas A. McIntyre The Colonial BancGroup (CNB) Concerns about balance sheet. Down to $4.12 from 52-week high of $25.50. Wachovia (WB) The bigger the bank, the harder its falls. Drops to $16.96 from 52-week high…
Pilgrim’s Pride (PPC) Downgraded by Credit Suisse. Down to $15.67 from 52-week high of $41. Pepsi Bottling Group (PBG) Still troubled by problems at one of Coke’s bottlers. Down to $29.22 from…
Wachovia (WB) Sitll concerns about faltering balance sheet. Down to $18.22. Gatehouse Media (GHS) Another newspaper industry victim. Down to $2.98. Fifth Third Bancorp (FITB) Announces it will raise money. Down to$12.97.…
The newspaper industry was hit with another downgrade today, astonishing because almost all of the stocks in the sector are at 52-week lows. Wachovia cut its ratings on several chains including Gatehouse…
Today’s 52-week low list was full of some of the usual suspects, and you can count airlines as the top group of 52-week lows after that breather in oil prices did not…
