News For GCI From The Last 14 Days Check below for free stories on GCI the last two weeks.
There are 14 items on the Fly with pertinent information.
Sign up for a free trial to see the rest of the stories you've been missing. |
|
February 2, 2010
|
| 08:07 EDT |  | GCI |
| | 07:40 EDT | | GCI |
| theflyonthewall.com: | Gannett sell-off presents buying opportunity, says Benchmark Co. | | Benchmark Co. believes the sell-off following Gannett's Q4 results is a buying opportunity and keeps a Buy rating on shares with an $18 price target. :theflyonthewall.com |
| | 07:39 EDT |  | GCI |
|
|
February 1, 2010
|
| 16:29 EDT |  | GCI |
| theflyonthewall.com: | On The Fly: U.S. Market Wrap-Up for Monday 2/1 | | The futures were higher throughout the pre-market trading session, which led to a higher open for the broader averages. The positive move was solidified with a couple of in-line economic reports. However, shortly after the open, the market began to relinquish its gains. A better-than-expected manufacturing report reversed the weakness and the averages moved to session highs. The averages then drifted higher, with each of the major indices up as much as 1.0% on the day. The market then traded sideways as it tried its best to hold onto the session’s gains...The Dow rose 118.20 to 10,185.53, the S&P gained 15.31 to 1,089.18, and the Nasdaq added 23.85 to 2,171.20…Among the biggest gainers: Valassis Communications (VCI) surged 17.4% to $24.58 after settling a lawsuit against NewsCorp. (NWSA) for $500M. Cliffs Natural Resources (CLF) soared 7.8% to $43.07 after raising Q4 EPS estimates to 39c from 17c per share…The losers included: Central Pacific Financial (CPF) which slumped 13.6% to $1.40 after being cut to Sell from Neutral at B.Riley & Co. Gannett (GCI) dropped 7.0% to 15.02 after reporting disappointing Q4 results…CURRENCY: The dollar closed 0.43% higher on the yen at 90.62 and 0.47% higher on the euro at 0.7179…COMMODITIES: Crude oil closed up 2.03 to 74.92...Natural gas added 0.28 to 5.41...Gold was higher by 21.50 to 1,105.30…ECONOMIC DATA: The Commerce Department said personal income rose by 0.4% in December, while personal spending rose by 0.2%. Economists expected personal income to increase 0.3%. The core PCE price index, which excludes food and energy, rose 0.1% in December as compared to December 2008; including food and energy, the PCE was up 0.1% from November and 2.1% year-over-year. Construction spending for December fell 1.2% at a seasonally adjusted rate of $902.55B compared to the prior month. January's ISM Manufacturing Index came in at 58.4, above the consensus of 55.0. Tomorrow…Motor Vehicle Sales, ICSC Goldman Store Sales, Redbook Chain Store Sales, and Pending Home Sales Index are due…Notable companies reporting Tuesday before the opening bell include: Archer Daniels Midland Company (ADM), Automatic Data Processing (ADP), D.R. Horton (DHI), Emerson Electric (EMR), Lexmark (LXK), Pepsi Bottling Group (PBG), The Hershey Company (HSY), United Parcel Service (UPS), Wisconsin Energy (WEC), and Whirlpool (WHR). :theflyonthewall.com |
| | 10:57 EDT |  | GCI |
| | 10:39 EDT | | GCI |
| theflyonthewall.com: | Gannett says economy still "tenuous" | | On the Q4 earnings conference call, Gannett (GCI) said that the U.S. economy is still "tenuous," though it is "on the mend, clearly." The company also noted that commerce and advertising demand in the U.K. have been weakened by weather. :theflyonthewall.com |
| | 10:32 EDT | | GCI |
| | 10:28 EDT | | GCI |
| | 09:42 EDT |  | GCI |
| | 09:23 EDT | | GCI |
| theflyonthewall.com: | Pre-market top 5 losers | | The following stocks were the top percentage losers before the open on solid volume of at least 50,000 shares, trading at over $10. SOHU (7.6%), GCI (3.5%), AMZN (1.6%), CEPH (0.6%), AAPL (0.1%). :theflyonthewall.com |
| | 08:24 EDT | | GCI |
| theflyonthewall.com: | Gannett sees stabilization in the U.S. and UK economies | | “As the year progressed, we continuously showed improvements in revenue comparisons and in the permanent restructure of our cost base, culminating in a strong finish to the year. These operating improvements, together with a number of strategic financing actions this year, led to a significant strengthening of our balance sheet. We reduced debt by approximately $250M in the quarter and by $755M for the full year. As a result, our debt leverage ratio was reduced substantially to 2.6 times, well below the 3.5 times ceiling,” said Craig Dubow, chairman, president and CEO. “Advertising demand firmed with the stabilization of the economies of the U.S. and UK. Our Q4 revenue comparisons were the best of the year with sequential improvement during the quarter. Numerous efforts to consolidate and centralize operations along with lower newsprint expense resulted in significantly lower costs. This enabled us to generate higher year-over-year pre-tax income, after adjusting for special items, despite lower revenues including the relative absence of political spending. As our fourth quarter results reflect, we are much stronger and well positioned as we move into 2010.” :theflyonthewall.com |
| | 08:23 EDT |  | GCI |
|
|
January 29, 2010
|
| 16:22 EDT | | GCI |
| theflyonthewall.com: | On The Fly: U.S. Market Wrap-Up for Friday 1/29 | | The futures were higher in pre-market trading after the release of the fourth quarter GDP report. The number came in well above expectations which led to a triple digit gain for the DJIA and a large advance for the major indices. The move was cemented after the release of a better-than-expected consumer confidence reading, and a better-than-expected purchasing managers’ report. The move lasted until noon, when the first cracks began to appear. The Nasdaq fell into negative territory, followed by the S&P, and finally the DJIA. With the averages unable to hold their gains, the market finished the first month of 2010 below where it ended in December …The Dow fell 53.13 to 10,067.33, the S&P lost 10.66 to 1,073.87, and the Nasdaq slipped 31.65 to 2,147.35…Among the biggest gainers: Browne & Co. (BNE) rallied 7.5% to $6.57 after being initiated at Buy at Goldman Sachs (GS). Ruddick (RDK) surged 6.7% to $28.35 after being raised to Buy from Hold at BB&T Capital Markets. The losers included: Computer Programs and Systems (CPSI) which slumped 14.5% to $37.63 after reporting Q4 results that missed estimates by 15%, and Theravance (THRX) which dropped 18.7% to $10.97 after reporting that it must submit more information to U.S. regulators regarding its experimental treatment for pneumonia. CURRENCY: The dollar closed 0.47% higher against the yen at 90.29 and 0.69% lower on the euro at 0.7212…COMMODITIES: Crude oil closed down 0.91 to 72.73...Natural gas lost 0.01 to 5.13...Gold was lower by 1.60 to 1,083.20…ECONOMIC DATA: The real GDP for the fourth quarter of 2009 was up 5.7% from the previous quarter, versus consensus of 4.5%. The GDP price index was 0.6% versus consensus of 1.3%. The Employment Cost index for the fourth quarter of 2009 was 0.5% versus consensus of 0.4%, while the year-over-year change was 1.5%. The Chicago PMI business barometer index level for January was 61.5 versus consensus of 57.0. The Consumer Sentiment index level for January was 74.4 versus consensus of 73.0. EARNINGS…Notable companies reporting Monday before the opening bell include: Gannett (GCI), Humana (HUM), NiSource (NI), and Sohu.com (SOHU). :theflyonthewall.com |
| | 15:19 EDT | | GCI |
|
|
|
Subscribe for More Information