Publisher Gannett Sees 36% Drop in Profits; Stock TumblesAuthored by Mark Hefflinger on July 16, 2008 - 9:28am.
McLean, Va. - Shares of Gannett (NYSE: GCI) dropped more than 7%
by midday Wednesday after the publisher of USA Today and 84 other daily papers
said that its second-quarter profit dropped 36%.
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