Sunday, October 05, 2008
Sunday | Oct. 5 | Got news, or a question?
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3 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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Good morning, Gannettland!
ReplyDeletewhat's wrong???
ReplyDeleteFrom Bloomberg, late Sunday night:
ReplyDelete"Honeywell, El Paso, Gannett, Yahoo: U.S. Equity Preview
Oct. 5 (Bloomberg) -- The following companies may have unusual price changes in U.S. trading on Oct. 6. Stock symbols are in parentheses, and share prices are as of 6 p.m. Oct. 3 in New York, unless otherwise specified. ....
Gannett Co. (GCI:US): The largest U.S. newspaper publisher borrowed $1.2 billion under its unsecured revolving credit lines, bringing the total amount of such debt to about $1.9 billion. The stock fell 6.8 percent to $15.18 in regular trading. "
Not anything we don't know, but something investors are watching.