Gannett Co. Inc.
Apr 23, 2010 08:31 EDT
At a glance, how newspaper-industry earnings suggest improvement in advertising is on the way. Here is a summary of earnings reports for selected newspaper publishers and what they reveal about the industry's prospects for the current quarter and beyond:
Apr 22, 2010 12:52 EDT
McClatchy posts 1st-quarter net income of $2.2 million as ad slump eases, but shares down. Shares of McClatchy Co. plunged Thursday after the newspaper publisher said that it would have lost money in the first quarter if not for an accounting benefit and that its advertising continues to fall by a double-digit percentage.
Apr 22, 2010 12:38 EDT
New York Times reports 1st-quarter profit as advertising slump eases and costs fall. The New York Times Co. reported better first-quarter earnings than expected Thursday, as lower costs and a smaller drop in advertising revenue helped reverse a loss in the same period a year earlier.
Apr 20, 2010 14:41 EDT
McClatchy likely to show smaller ad decline in 1Q, though growth may still be elusive. Newspaper publisher McClatchy Co. is scheduled to report its first-quarter earnings before the stock market opens Thursday.
Apr 20, 2010 11:20 EDT
Lee Enterprises posts 2Q profit as newspaper advertising slump eases. Lee Enterprises Inc., publisher of the St. Louis Post-Dispatch and other newspapers, reported its third profitable quarter in a row Tuesday as the industry's advertising slump eases.
Apr 16, 2010 18:21 EDT
Gannett's CEO discusses the potential impact of the iPad on the company's newspapers. Many of the newspaper publishers who have lost so much of their advertising revenue to competitors on the Web are hoping Apple's new iPad computer can help fix their business models.
Apr 16, 2010 17:34 EDT
Gannett's 1Q profit jumps 51 percent as newspaper ad declines ease, broadcast revenue rebounds. Gannett Co. offered more evidence Friday that 2010 will not be quite as painful for newspapers as 2009, when the recession compounded the industry's problems.
Apr 16, 2010 12:01 EDT
An improved advertising climate helped USA Today owner Gannett Co. double its quarterly net profit Friday as credit rating agency Moody's changed its outlook for the newspaper sector to stable from negative.
Apr 15, 2010 15:25 EDT
Gannett's first-quarter results expected to show easing in newspaper advertising slump. Gannett Co., the largest U.S. newspaper publisher, is scheduled to report its first-quarter earnings before the stock market opens Friday.
Apr 15, 2010 12:50 EDT
Calendar of major business events scheduled for Friday. Major business events and economic events scheduled for Friday:
Apr 14, 2010 17:28 EDT
GSI Commerce names Chris Saridakis CEO of marketing services unit. Retail Web site operator GSI Commerce Inc. said Wednesday that it named Chris Saridakis as the head of its marketing services division, where he will lead its e-Dialog and TrueAction businesses.
Apr 09, 2010 13:51 EDT
Business events and economic reports scheduled for the coming week. MONDAY, April 12
Apr 09, 2010 12:22 EDT
Major companies tentatively scheduled to report quarterly results during week of 04/12/10. Major companies tentatively scheduled to report quarterly earnings next week:
Apr 07, 2010 16:20 EDT
Gannett's digital chief to leave company at the end of April. Gannett Co.'s chief digital officer plans to leave the company at the end of the month, according to a securities filing made Wednesday.
Apr 06, 2010 18:16 EDT
3 bids submitted to buy Honolulu Star-Bulletin; qualified bidders to get more financial info. Three potential buyers have submitted bids to acquire the Honolulu Star-Bulletin.
Apr 05, 2010 15:15 EDT
Washington Post shares jump after Barron's calls the media conglomerate's stock 'dirt cheap'. Shares of magazine and newspaper publisher Washington Post Co. jumped Monday after an article in Barron's dubbed it "America's most undervalued media company."
Mar 18, 2010 16:07 EDT
Newspaper publisher Gannett expects to meet 1Q earnings forecasts, says ad slump is easing. 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.
Mar 18, 2010 15:20 EDT
Newspaper publisher Gannett increased its CEO pay to $4.4 million in 2009. An 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.
Mar 11, 2010 18:37 EST
Layoff notices go out to 600 employees of The Honolulu Advertiser. Layoff notices have gone out to 600 employees of The Honolulu Advertiser.
Mar 01, 2010 13:42 EST
Gannett names William Behan its next senior vice president for labor relations. Newspaper publisher Gannett on Monday said it had promoted William Behan, vice president for labor relations, to senior vice president for labor relations.