Gannett Falls Most in 2 Months as Profit Falls 25% on Ad Revenue

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Gannett Falls Most in 2 Months as Profit Falls 25% on Ad Revenue

GCI GOOG

Linked by Bloomberg ( track newsfeed | ignore newsfeed ) - April 16, 10:57AM from (www.bloomberg.com)

Gannett Co. (GCI), the owner of 82 daily newspapers including USA Today, fell the most since January after reporting a 25 percent drop in first-quarter profit as advertising sales declined.
Gannett dropped 8.2 percent to $13.81 at 10:45 a.m. in New York, for the largest decline since January 30. The...

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