Amid reports newsprint prices could rise 20% or more next year, the following exchange during the recent conference call with Wall Street stock analysts is illuminating. The Q&A was between Mike Kupinski of Noble Financial and Chief Operating Officer Gracia Martore, and concerned the outlook for the current quarter, according to Corporate's transcript:
Kupinski: But in terms of newsprint prices, do you have a thought about how much that will be up?
Martore: I don't want to comment on that at this point. We are in negotiations, as you can appreciate.
Related: Gannett's third-quarter financial report
What's your publisher saying about price increases in 2011? Please cite in percentage terms, in the comments section, below. To e-mail confidentially, write jimhopkins[at]gmail[dot-com]; see Tipsters Anonymous Policy in the rail, upper right.
Thursday, November 04, 2010
1 comment:
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22% which is the reason for some layoffs and a MAJOR push on digital sales and the new Yahoo partnership
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