"Gannett today is an efficient, customer-focused enterprise. In our core media operations, we are engaging with more consumers than ever. We are delivering relevant content that they want on any platform they desire."
-- CEO Craig Dubow, in a statement for today's Annual Noble Equity Conference for media stock analysts, in Hollywood, Fla.
I wonder if Dubow's speeches are pulled verbatim from the Big Book of Boilerplate Bizspeak, or whether they're customized for his own unique style?
ReplyDeleteHe has style?
ReplyDeletejim why havent u reported on the huge up swing in the stock for 2 days in a row. You always put the downside never up. Thanks
ReplyDeleteAs I post this, GCI stock is up nearly 6% since Friday.
ReplyDeleteHere is some important context, however:
Gannett shares traded at a 52-week high of $19.69 on April 16. That same day, the S&P 500 index, a broad measure of stock market activity, closed at 1192. Here's the performance of those two since then:
* Gannett is down 25.8%
* S&P 500 is down 11.6%
Whatever Dubow is smoking or popping, I want some!
ReplyDeleteWhat's even more amazing than Dubow's BS is that some analysts actually buy it. These are people you shouldn't entrust your retirement investments to.
ReplyDelete