Gannett Co. Inc.

A look at newspaper-industry earnings for 1Q

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:
 

McClatchy posts 1st-quarter profit, shares down

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.
 

New York Times reports 1Q profit; ad slump eases

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.
 

Earnings Preview: McClatchy looks for ad recovery

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.
 

Lee Enterprises posts 2Q profit, ad slump eases

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.
 

On the Call: Gannett's CEO on the iPad

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.
 

Gannett's profit boost offers hope for better 2010

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.
 

Better ad climate gives Gannett a boost

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.
 

Earnings Preview: Ad slump looms over Gannett's 1Q

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.
 

Business events scheduled for Friday

Calendar of major business events scheduled for Friday. Major business events and economic events scheduled for Friday:
 

GSI Commerce names head of marketing services

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.
 

Business events scheduled for the coming week

Business events and economic reports scheduled for the coming week. MONDAY, April 12
 

Earnings schedule for week of 04/12/10

Major companies tentatively scheduled to report quarterly results during week of 04/12/10. Major companies tentatively scheduled to report quarterly earnings next week:
 

Gannett's digital chief to leave company

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.
 

3 bids submitted to buy Honolulu Star-Bulletin

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.
 

WaPo stock up after Barron's calls it 'dirt cheap'

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."
 

Gannett expects to meet 1Q earnings forecasts

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.
 

Gannett CEO's pay rose 41 percent in 2009

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.
 

Honolulu Advertiser employees get layoff notices

Layoff notices go out to 600 employees of The Honolulu Advertiser. Layoff notices have gone out to 600 employees of The Honolulu Advertiser.
 

Gannett names new senior VP for labor relations

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.