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Stock Market & Financial Investment News

News Breaks
July 8, 2014
09:20 EDTLUK, GCILeucadia CFO Orlando to retire, Gendron named replacement
Leucadia (LUK) announced that effective September 1, Teresa Gendron will become Leucadia’s CFO, succeeding Joseph Orlando, who is retiring then for orthopedic health reasons. Gendron was most recently the vice president and controller of Gannett (GCI), in which role she was Gannett’s Chief Accounting Officer from 2011.
News For LUK;GCI From The Last 14 Days
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September 10, 2014
06:43 EDTGCITypo causes confusion Icahn's stake in Gannett, NY Times says
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06:16 EDTGCICorrection: Icahn maintains 6.63% stake in Gannett
Carl Icahn maintains a 6.63% stake in Gannett (GCI) and says last night's filing of an increased stake of 8.48% was done in error.
September 8, 2014
10:25 EDTLUKHigh option volume stocks:
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September 4, 2014
06:09 EDTGCIUSA Today cuts 70 employees, WSJ reports
Gannett's USA Today yesterday laid off around 70 people, a source tells the Wall Street Journal. About 35 of the affected employees came from the newsroom, equating to about 10% of its newsroom staff, and the rest of the cuts came across all of the newspaper's departments. Reference Link
September 3, 2014
16:10 EDTGCIGannett gets regulatory clearance to acquire full ownership of Cars.com
Gannett announced that it has received federal regulatory clearance under the Hart-Scott-Rodino Act to acquire full ownership of Cars.com, one of the leading digital companies in the automotive space. Under the agreement, Gannett will acquire the 73% interest it does not already own in Classified Ventures, which owns Cars.com. Closing is expected to occur on October 1.

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