Wall Street is still loving that 10% layoff zooming up in your rearview window -- plus Corporate's decision last week to hold the dividend steady, based on the past week's trading. Gannett's stock has climbed 23% in the past five days vs. a smaller 10% rise in the widely watched S&P 500 Index, Google Finance says. (Inset, chart detail; bigger view.) Shares closed today at $11.64, up 64 cents, or another 5.8%.
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Monday, November 03, 2008
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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Investors like our balance sheet and our dividend.
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