Tuesday, July 07, 2009

Stock | No. 1 investor Rogers of Ariel still bullish

Why would Ariel Capital Management pour more money into Gannett, the ailing publisher of USA Today, and 101 other dailies in the U.S. and the U.K.? The money-manager's chief, John Rogers, spoke today with Fox Business. He says he'd buy more Gannett stock, because businesses are going to start advertising again. (Note: The interview begins with a discussion about retirement investment trends by race.)



Earlier: Back to the future? Ariel's Rogers on newspapers

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1 comment:

  1. Anonymous7/07/2009 10:06 PM

    Gannett is profitable, unlike many others. It has a debt, but not out of whack with companies its size. What it doesn't have is as much advertising as in recent years. Thus, the need to cut, cut and cut. This guy is getting in on the cheap.

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