Gannett Co Inc (GCI.N)
26.15USD
1 Aug 2013
$0.39 (+1.51%)
$25.76
$25.98
$26.33
$25.91
697,272
751,952
$26.88
$13.76
About
Overall
| Beta: | 2.45 |
| Market Cap (Mil.): | $5,985.37 |
| Shares Outstanding (Mil.): | 228.89 |
| Dividend: | 0.20 |
| Yield (%): | 3.06 |
Financials
| GCI.N | Industry | Sector | |
|---|---|---|---|
| P/E (TTM): | 13.51 | 14.86 | 16.01 |
| EPS (TTM): | 1.94 | -- | -- |
| ROI: | -- | 7.49 | 15.63 |
| ROE: | -- | 12.26 | 19.20 |
PRESS DIGEST-New York Times business news - July 8
July 8 - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
RLPC: Gannett to launch $1.25B credit for Belo buy
NEW YORK, June 20 - Media and marketing solutions company Gannett Co is expected to launch next week general syndication of a $1.25 billion pro rata package backing its acquisition of television company Belo Corp, sources told Thomson Reuters LPC.
Fitch Places Belo's Ratings on Rating Watch Positive
(The following statement was released by the rating agency) NEW YORK, June 14 (Fitch) Fitch Ratings has placed the 'BB' Issuer Default Rating (IDR) and all outstanding ratings for Belo Corporation (Belo) on Rating Watch Positive, following the announcement of Gannett Co. Inc.'s (Gannett) planned acquisition of Belo. The ratings previously had a Positive Outlook. A full list of ratings appears at the end of this release. Gannett intends to acquire Belo at an enterprise value of $2.2 billion
Gannett surges to five-year high on deal to expand TV reach
- Gannett Co Inc shares soared 27 percent to a five-year high after the largest U.S. newspaper chain struck a $1.5 billion deal for television company Belo Corp, dramatically increasing TV's importance to Gannett's results. | Video
UPDATE 4-Gannett surges to five-year high on deal to expand TV reach
June 13 - Gannett Co Inc shares soared 27 percent to a five-year high after the largest U.S. newspaper chain struck a $1.5 billion deal for television company Belo Corp, dramatically increasing TV's importance to Gannett's results.
US STOCKS-Wall Street flat as data tempers policy jitters
NEW YORK, June 13 - Wall Street opened little changed on Thursday as encouraging economic data offset concerns over an earlier-than-expected winding down of central bank stimulus that has propelled a rally in the U.S. equity market this year.
Deals of the day -- mergers and acquisitions
(Adds Royalty Pharma, Gannett Co, Kawasaki, EDF, Bosowa Corp; updates PKO)
Gannett to buy Belo for $1.5 billion cash, to assume debt also
June 13 - Media company Gannett Co Inc said on Thursday that it agreed to pay $1.5 billion in cash to buy Belo Corp and assume $715 million in debt, giving television company Belo an enterprise value of $2.2 billion.
UPDATE 2-Broadcast boosts Gannett results, print ads still soft
* Newspaper advertising revenue down 4.5 pct to $526.5 mln
BRIEF-Gannett expects tv revenue to rise between 10 percent and 12 percent in Q1
Feb 4 - Gannett Co Inc : * Expects tv revenue to rise between 10 percent and 12 percent in Q1
Competitors
| Price | Change | |
|---|---|---|
| Twenty-First Century Fox Inc (FOXA.OQ) | $30.62 | +0.74 |
| Twenty-First Century Fox Inc (FOX.OQ) | $30.67 | +0.68 |
| Yahoo! Inc. (YHOO.OQ) | $27.97 | -0.12 |
| Discovery Communications Inc. (DISCA.OQ) | $81.92 | +2.20 |
| Discovery Communications Inc. (DISCB.OQ) | $79.62 | -4.64 |
| Discovery Communications Inc. (DISCK.OQ) | $74.32 | +1.66 |
| The Washington Post Company (WPO.N) | $549.05 | +11.69 |
| The New York Times Company (NYT.N) | $11.77 | -0.41 |
| The New York Times Company (NYTAB.PK) | $9.85 | +2.85 |
| Meredith Corporation (MDP.N) | $49.00 | +1.48 |
Earnings vs.
Estimates
Analyst Research Reports
| Report Title | Price |
|---|---|
|
Trading Report for (GCI). A detailed report, including free correlated market analysis, and updates.
Provider: Stock Traders Daily
|
$58.00
|
|
Provider: Thomson Reuters Stock Report
|
$25.00
|
|
Provider: ValuEngine, Inc.
|
$25.00
|
|
Provider: Stock Traders Daily
|
$495.00
|
|
Provider: S&P Capital IQ – STARS Reports
|
$127.00
|
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

