- Dividend cut: Gannett sent a strong signal that it could reduce its stock payout as soon as this week.
- Jobs threatened: The company is planning more reductions -- but will they require layoffs?
- Profits plunge: In a much-anticipated report, GCI said earnings fell 32% in the third quarter from a year ago.
Monday, October 27, 2008
Monday Recap: We're all earnings, all the time!
Posts you might have missed while I got ready for my close-up.
1 comment:
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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The budgets are back!
ReplyDelete5-15% more folks will get the axe in the next week(s). And that's being conservative. Just in time for the holidays.