Gannett shares closed Friday at $17.43, up a strong 3.3% for the week's five trading days. The stock's performance beat the broader S&P 500 Index, which finished the week largely unchanged.
[Image and data: Google Finance]
Saturday, July 26, 2008
Bullish week: Stock rises 3.3%, besting market
Gannett shares closed Friday at $17.43, up a strong 3.3% for the week's five trading days. The stock's performance beat the broader S&P 500 Index, which finished the week largely unchanged.
[Image and data: Google Finance]
12 comments:
Jim says: "Proceed with caution; this is a free-for-all comment zone. I try to correct or clarify incorrect information. But I can't catch everything. Please keep your posts focused on Gannett and media-related subjects. Note that I occasionally review comments in advance, to reject inappropriate ones. And I ignore hostile posters, and recommend you do, too."
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WHAT! No commentary? No GCI is evil evil evil? C'mon, where are all the naysayers and nattering nabobs of negativism?
ReplyDeleteCan't got your tongue?
@ 10:36: Oh, man. Defensive much? It's just a number. What exactly to do you expect people to say about it? "Wow! It's exploding!"
ReplyDeleteIn case you haven't been paying attention, 3-and-change percent in one week is hardly a recovery. In January, it was over $37. A year ago it was $50.60. In April '04, it was over $90. So I'm not ready to turn handsprings over a 39-cent blip.
Hey 10:36, Gannett’s abysmal stock price more than speaks for itself.
ReplyDeleteYet, you seek comments so you can complain about them. You, and others like you, might actually learn something to make the company better if you took the time to listen to, and consider what people are saying versus continuing to shot them down. Though, guess is that would be too scary for you and those at the top who know it all. By the way, how’s that strategy working so far?
Now, is this what you looking for? Hope you feel better.
Oh, did I hit a nerve? It's Ok to criticize on one end but not the other? And, at the top, hardly. There are probably just as many people who care about their jobs, company, paper, and are NOT at the top, than ones who complain JUST to complain.
ReplyDeleteNot everyone like to bitch and moan for a living. Some ACTUALLY do their jobs, on the front lines.
And, for the record, what I expected was some sort of justification why the stock going up was a bad thing since almost ANYTHING Gannett does is marked as a failure.
ReplyDelete10:36 AM,
ReplyDeleteWho am I to argue with someone who can work can't got your tongue and nattering nabobs of negativism into a one paragraph!
Free Kool-Aid for everyone!
ReplyDeleteI think Tara "Chief Flack" is reading these blogs. She is certainly responding to them (as you can see with these comments).
ReplyDeleteNope, NOT Tara, keep guessing. Not EVEN close, wrong gender, wrong city, wrong ideas.
ReplyDeleteSo, anybody who has any kind of positive attitude is a Kool-Aid drinker, eh? Figures. And, how many large corporations have y'all been in charge of and why do you keep working here if it is so bad. WHINE, WHINE, WHINE: I hate it here but I can't go anywhere else, and do anything else so I'll just stay and bitch, bitch, bitch.
There's nothing wrong with bitchin' and moanin' they have their time and place. However, your incessant bashing and negativism is not gonna change anything at the top. Unless you become a corporate leader, and I see none of that in any of these comments, you do your changing in small dribs and drabs at the bottom, in your circle of influence, however minuscule. That said, I would NOT want to work in corporate, you can't do any change there. I'll keep flogging away, winning some (and, YES, I DO win some) and losing some. You all can just keep up with your "bad, bad, Gannett" philosophy and retire as bitter, unhappy people. I've seen you ilk before, 20+ years and have nothing but bad things to say and nothing to show for your work. Sad little people.
Corporations, by their very structure, are not deep wells of dreams and realization. Most corporations are filled with disappointed, unfulfilled drones who couldn't realize a dream if it sat on their faces and rotated.
So, read on and get more fuel for your ridiculous rants and carping commentaries.
And, just for the record, Anon 9:27, those first comments were separate graphs. And I bet you don't even know from whom the first one originated?
ReplyDeleteAnon 10:36, 8:34, 8:38:
ReplyDeleteAnonymous Internet postings can be very unforgiving. Just go back and read yours again.
Many of the people who bitch and moan about what is happening at their "Information Centers" care a lot. The journalistic climate at Gannett, McClatchy, Tribune, GateHouse, Lee, etc., etc., is in a state of decomposition.
I hope the deterioration stops, and something good begins to grow again, but the only sane reaction at the moment is exasperation.
Gannett still has some strong cash flow, about the best in the business, but it will not last.
The company officially gave up on the core newspapers several years ago except as cash cows, making inevitable the weak digital sites that now amount at many locations to little more than a collection of police briefs, family and pet photos, and story comments that usually make about three good points before devolving into vituperative name-calling of all kinds.
All the best to those who are trying to create something substantive from the fragments.
Anon 312, this is Anon 10:36, 8:34, 8:38. I kn
ReplyDeleteow where you are coming from. I am no corp. shill or apologist. There are things that truly make me wonder why I came tyo work for Gannett. But, I see so much commentary here that is strictly de-construct, nothing positive, nothing engaging. I worked for many years at a family owned paper, and while there was a lot of this same stuff there, we had more of a community sense, even with a union and the resultant problems.
I agree with your final statement as well. IF something turns us around, even if it is a sale to another chain or going private, so be it. I'll still be putting in my 100+% each day until retirement or worse. I can't imagine going to work with the attitude some on here seem to have. I'd rather quit.