Monday, March 23, 2009

Gannett jumps 7% on furloughs, as banks surge

Shares recently traded for $2.29, up 7%, after GCI announced furloughs, and investors overall rallied around the banking industry. The Dow Jones industrials and the S&P-500 are up more than 4%.

5 comments:

  1. How much was this worth for Craig?

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  2. How many hourly worker's furloughs could Craig's bonus pay for?

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  3. Some leadership! I'll follow you over the hill Craig.

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  4. The stock went up because the Dow went up 500. It'll be under $1 in a couple months.

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  5. This comment has been removed by a blog administrator.

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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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