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Stock Market & Financial Investment News

News Breaks
August 15, 2014
18:14 EDTGCIIcahn's recent stake in Gannett should reassure investors, Barron's reports
Carl Icahn recently disclosed a 6.63% stake in Gannett and urged the company to split. Gannett, however, already announced plans to split a week ago, thereby diminishing the potential impact of Icahn's action. Investors should be reassured nonetheless, as it signifies confidence in the potential growth of the company, which is trading below 14 times forward earnings and has a long term growth rate of 10%, Barron's reports. Reference Link
News For GCI From The Last 14 Days
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December 10, 2014
11:41 EDTGCIGannett sees 2014 reported revenue up 16%, consensus $5.98B
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11:36 EDTGCIGannett sees Q4 EPS $1.00-$1.02, consensus $1.02
Gannett executives at the UBS Global Media and Communications Conference provided an update on the company's ongoing strategy and gave guidance. CFO Victoria Harker said, "Based on the trends we currently see, we estimate fourth quarter EPS to be in the range of $1.00 to $1.02."
07:53 EDTGCIUBS to hold a conference
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