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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| New Gannett Co Inc | NYSE:GCI | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.04 | -0.84% | 4.75 | 4.865 | 4.71 | 4.79 | 1,042,109 | 01:00:00 |
From Jan 2020 to Jan 2025
Gannett Inc. (GCI) Chief Financial Officer Gracia Martore said Monday that the company's newsprint expense in the third quarter was down 43% and she expects newsprint prices to remain under pressure into 2010.
On a conference call following Gannett's third-quarter earnings release, Martore said newsprint costs are down due to a "sizable imbalance in supply versus demand."
Gannett's earnings results beat expectations, partly due to cost cuts, and Martore said newsprint expense was a "significant factor" in its expense reductions. Its overall operating expenses fell 14%.
-By Nat Worden, Dow Jones Newswires; 212-416-2472; nat.worden@dowjones.com
1 Year New Gannett Chart |
1 Month New Gannett Chart |
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