News on Gannett Co. Inc.

Gannett expects to meet 1Q earnings forecasts

2010-03-18T13:16:45Z

<div id="subtitle">Newspaper publisher Gannett expects to meet 1Q earnings forecasts, says ad slump is easing</div><div><p>Gannett Co. said Thursday that trends in advertising revenue are continuing in the right direction and the company should meet Wall Street expectations with first-quarter earnings.</p><p>Gannett, which owns Associated Press analysis shows Gannett Co., the biggest newspaper publisher in the U.S., increased its CEO's pay package by nearly 41 percent last year.</p><p>G...

Honolulu Advertiser employees get layoff notices

2010-03-11T16:00:45Z

<div id="subtitle">Layoff notices go out to 600 employees of The Honolulu Advertiser</div><div><p>Layoff notices have gone out to 600 employees of The Honolulu Advertiser.</p><p>The notices say the workers will lose their jobs when owner Gannett Co. sells the newspaper and related assets to William Behan its next senior vice president for labor relations</div><div><p>Newspaper publisher Gannett on Monday said it had promoted William Behan, vice president for labor relations, to senior vice president for labor relations.</p><p>He succeeds Wendell J. Van Lare, who plans to retire at the end...

USA Today mandates staff furloughs to save money

2010-02-22T09:58:07Z

<div id="subtitle">USA Today forcing all of its workers to take 1 week of unpaid leave to help save money</div><div><p>USA Today is forcing its staff to take an unpaid week off to help the nation's second largest newspaper cope with a persisting ad slump.</p><p>The newspaper's nearly 1,500 employees must take a one-week furlough between Feb. 28 and July 3, USA Tod...

Gannett magazine executive Marcia Bullard retiring

2010-02-22T12:12:30Z

<div id="subtitle">Marcia Bullard to retire as president, chief executive of Gannett's USA Weekend magazine</div><div><p>Media giant Gannett Co. Inc. said Wednesday that Marcia Bullard will retire as president and chief executive of its USA Weekend magazin...

Correction: Gannett Earnings Preview

2010-02-22T12:36:03Z

<div id="subtitle">Correction: Gannett Earnings Preview</div><div><p>In a story Jan. 29 previewing the fourth-quarter earnings of Gannett Co., The Associated Press reported erroneously that Gannett is merging the staff of USA Weekend magazine a...

Correction: USA Today story

2010-02-22T12:36:30Z

<div id="subtitle">Correction: USA Today story</div><div><p>In a Dec. 1 story about layoffs at newspaper publisher Gannett Co., The Associated Press reported erroneously that Gannett is merging the staff of USA Gannett Co. posted its largest profit of the year in the fourth quarter as cost-cutting efforts were aided by a lessening decline in advertising sales. But shares of the biggest U.S. newspaper publis...

Boston Scientific, Gannett, AMR big movers

2010-02-22T12:53:40Z

<div id="subtitle">Boston Scientific, Gannett, AMR, Exxon Mobil are among market movers Monday</div><div><p>The following stocks were among those that moved substantially or traded heavily Monday on the

Earns Gannett

2010-02-01T06:48:47Z

FILE - In this Sept. 29, 2009 file photo, a USA Today newspaper box is shown outside a restaurant in Charlotte, N.C. Gannett Co., the largest U.S. newspaper publisher, said Monday, Feb. 1, 2010, it turned a profit in the fourth quarter, helped ...

Earnings preview: Cost cutting to help Gannett 4Q

2010-02-22T13:34:45Z

<div id="subtitle">Cost cutting to help Gannett's 4Q as publisher hunkers down during ad slump</div><div><p>Gannett Co., the largest U.S. newspaper publisher, is scheduled to report its fourth-quarter results before the stock market opens Monday. The following is a summary of key developments and analyst opinion related ...

Gannett, NY Times rise on analyst holiday gift

2010-02-23T12:02:39Z

<div><p>NEW YORK (Reuters) - Dear newspapers: Happy holidays. Love, Wall Street.</p><p>The stocks of Gannett Co Inc &lt;GCI.N&gt; and New York Times Co&...

Gannett shares rise

2010-02-23T16:13:09Z

<div id="subtitle">Gannett climbs after analyst upgrades stock, citing improving outlook and management strategy</div><div><p>Gannett Co. shares climbed Monday after an analyst at The Benchmark Co. upgraded the stock, citing improving prospects for the newspaper publisher and what he sees as solid management strategy.&am...

Gannett 'comfortable' with high end of 4Q outlook

2010-02-23T18:28:07Z

<div id="subtitle">Gannett says it is 'clearly comfortable' with high end of 4th-quarter profit outlook</div><div><p>Newspaper publisher Gannett Co. said Wednesday it is "clearly comfortable" with the high end of its fourth-quarter earnings guidance range and has successfully made it through an unprecedented economic environment in 2009.</p><p>Gannet...

Productivity up at 8.1 percent rate in 3Q

2010-02-23T21:28:54Z

<div id="subtitle">Productivity rises by largest amount in 6 years in third quarter while labor costs drop</div><div><p>Productivity surged in the third quarter by the largest amount in six years while labor costs fell. While that indicates inflation is remaining under control, it also signals that workers' wages are getting squeezed, raising doubts about the durability of the economic recovery.</p><p>The Labor D...

Ahead of the Bell: Jobless Claims

2010-02-23T21:32:40Z

<div id="subtitle">Wall Street economists expect first-time jobless claims increased last week</div><div><p>The number of newly laid-off workers seeking unemployment benefits likely rose last week, after a steep drop.</p><p>A Labor Department report is projected to show new unemployment insurance claims rose by 14,000 to a seasonally adjusted 480,000 last week...

Ahead of the Bell: Productivity

2010-02-23T21:32:32Z

<div id="subtitle">Productivity likely surged while labor costs fell in 3rd quarter</div><div><p>Productivity likely surged in the third quarter while labor costs fell, normally good signs that inflation remains under control. But in the current tough economy, it also signals that workers' wages are getting squeezed and they won't have as much to spend to bolster future economic growth.</p><p>Economists surveyed ...

New round of cutbacks coming at Gannett newspapers

2010-02-23T22:23:58Z

<div id="subtitle">USA Today to cut 26 newsroom jobs; 11 positions cut at USA Weekend magazine</div><div><p>Newspaper publisher Gannett Co. imposed a new round of cutbacks Tuesday, with USA Today reducing its newsroom staff by 5 percent, as the industry continues to...

Publisher of The Tennessean retires, successor set

2010-02-24T01:40:55Z

<div id="subtitle">The Tennessean publisher Leifeld retiring, Fort Myers publisher Hudler named to position</div><div><p>The Tennessean newspaper's president and publisher, Ellen Leifeld, is retiring and