Day 2: Eyes on stock, board to restart meeting

The board of directors is set to reconvene today, amid speculation that it may cut the dividend; it would be the first such cut since Gannett went public in 1967. Savings would presumably pay down debt at a time when credit is tighter than it's been in decades.

A second day of meetings would come as investors watch for signs that shares will rally again. The stock rose more than 11% yesterday, when markets overall got a big lift from positive comments by the Federal Reserve's chairman.

Any board news about the dividend or other steps taken by directors would likely be announced before stock markets start trading, at 9:30 a.m. ET -- or after trading ends, at 4 p.m. ET. Until then, entertain yourself with this trailer from director Oliver Stone's 1987 classic, Wall Street, starring Michael Douglas.



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[Image: a montage of director photos]