Edition:
United States

Gannett Co Inc (GCI.N)

GCI.N on New York Stock Exchange

10.33USD
23 Aug 2019
Change (% chg)

$-0.08 (-0.77%)
Prev Close
$10.41
Open
$10.35
Day's High
$10.39
Day's Low
$10.27
Volume
445,106
Avg. Vol
455,704
52-wk High
$11.98
52-wk Low
$7.41

Latest Key Developments (Source: Significant Developments)

Gannett Reports Second Quarter 2019 Results
Monday, 5 Aug 2019 02:41pm EDT 

Aug 5 (Reuters) - Gannett Co Inc ::GANNETT REPORTS SECOND QUARTER 2019 RESULTS.Q2 REVENUE $660.3 MILLION VERSUS $730.8 MILLION.Q2 SAME STORE SALES FELL 9.8 PERCENT.QTRLY OPERATING REVENUES WERE $660.3 MILLION, COMPARED TO $730.8 MILLION IN Q2 OF 2018..QTRLY SAME STORE OPERATING REVENUES DECLINED 9.8% YEAR-OVER-YEAR.QTRLY EARNINGS PER SHARE $0.23.FOR 2019, COMPANY'S OUTLOOK REMAINS UNCHANGED.QTRLY ADJUSTED EARNINGS PER SHARE $0.21.Q2 EARNINGS PER SHARE VIEW $0.13, REVENUE VIEW $686.7 MILLION -- REFINITIV IBES DATA.FOR 2019, COMPANY'S OUTLOOK REMAINS UNCHANGED.  Full Article

Gannett Holds Merger Talks With Gatehouse Media - WSJ
Thursday, 30 May 2019 11:16am EDT 

May 30 (Reuters) - :GANNETT HOLDS MERGER TALKS WITH GATEHOUSE MEDIA - WSJ.  Full Article

MNG Enterprises Inc Reports A Stake Of 4.2% In Gannett As Of May 20, 2019
Wednesday, 22 May 2019 05:52pm EDT 

May 22 (Reuters) - Gannett Co Inc ::MNG ENTERPRISES, INC. REPORTS A STAKE OF 4.2% IN GANNETT AS OF MAY 20, 2019 - SEC FILING.  Full Article

Gannett Co Authorized Barbara Wall To Exercise Authority Granted To CEO
Monday, 6 May 2019 05:47pm EDT 

May 6 (Reuters) - Gannett Co Inc ::GANNETT CO INC - APPOINTED BARBARA WALL, SENIOR VP, INTERIM COO, CHIEF LEGAL OFFICER, IN HER CAPACITY AS INTERIM COO, AS PRINCIPAL EXECUTIVE OFFICER.GANNETT CO INC - AUTHORIZED WALL TO EXERCISE AUTHORITY GRANTED TO CEO, EFFECTIVE MAY 7, 2019 UNTIL A SUCCESSOR CEO IS APPOINTED.  Full Article

Gannett Co Sets Regular Quarterly Cash Dividend Of $0.16 Per Share
Monday, 6 May 2019 04:06pm EDT 

May 6 (Reuters) - Gannett Co Inc ::SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.16 PER SHARE.  Full Article

Gannett Reports Qtrly Loss Per Share Of $0.10
Wednesday, 1 May 2019 06:55am EDT 

May 1 (Reuters) - Gannett Co Inc ::GANNETT REPORTS FIRST QUARTER RESULTS.Q1 REVENUE $663.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF $675 MILLION.SEES 2019 CONSOLIDATED REVENUES OF $2.74-2.81 BILLION.QTRLY LOSS PER SHARE $0.10.QTRLY ADJUSTED EARNINGS PER SHARE $0.10.Q1 EARNINGS PER SHARE VIEW $0.05 -- REFINITIV IBES DATA.  Full Article

Gannett Urges Shareholders To Vote for "For All" Of it's 8 Independent Director Nominees On White Proxy Card
Saturday, 27 Apr 2019 12:53pm EDT 

April 27 (Reuters) - Gannett Co Inc ::GANNETT SENDS OPEN LETTER TO SHAREHOLDERS.UNANIMOUSLY RECOMMENDS SHAREHOLDERS VOTE "FOR ALL" OF GANNETT'S 8 EXPERIENCED, ENGAGED AND INDEPENDENT DIRECTOR NOMINEES ON WHITE PROXY CARD.MNG HAS ANNOUNCED IT IS REDUCING NUMBER OF CANDIDATES IT IS NOMINATING FOR ELECTION TO GANNETT'S EIGHT-MEMBER BOARD FROM SIX TO THREE.MNG'S CANDIDATES WOULD REDUCE QUALITY OF GANNETT BOARD TO DETRIMENT OF BOTH CO AND ITS SHAREHOLDERS.  Full Article

Gannett Co Says CEO Robert Dickey's Total 2018 Compensation Was $5.3 Mln vs $8.7 Mln In 2017
Tuesday, 26 Mar 2019 08:05am EDT 

March 26 (Reuters) - Gannett Co Inc ::GANNETT CO INC - PRESIDENT AND CHIEF EXECUTIVE OFFICER ROBERT DICKEY'S TOTAL 2018 COMPENSATION WAS $5.3 MILLION VERSUS $8.7 MILLION IN 2017.GANNETT CO INC - RATIO OF CEO’S COMPENSATION TO THE MEDIAN ANNUAL TOTAL COMPENSATION OF ALL OTHER EMPLOYEES WAS 118 TO 1.  Full Article

Gannett Co Q4 Same Store Sales Fell 8.6 Percent
Wednesday, 20 Feb 2019 06:55am EST 

Feb 20 (Reuters) - Gannett Co Inc ::GANNETT REPORTS FOURTH QUARTER AND FULL-YEAR 2018 RESULTS.Q4 REVENUE $751.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF $764.1 MILLION.Q4 SAME STORE SALES FELL 8.6 PERCENT.SEES FY 2019 REVENUE $2.74 BILLION TO $2.81 BILLION.QTRLY LOSS PER SHARE $0.13.QTRLY ADJUSTED EARNINGS PER SHARE $0.44.SEES 2019 CONSOLIDATED REVENUES OF $2.740-2.810 BILLION.SEES 2019 CAPITAL EXPENDITURES OF $50-60 MILLION, EXCLUDING REAL ESTATE PROJECTS.SEES 2019 CONSOLIDATED ADJUSTED EBITDA OF $285-295 MILLION.QTRLY SAME STORE, DAY ADJUSTED OPERATING REVENUES DECLINED 8.6% YEAR-OVER-YEAR.UNFAVORABLE CHANGES IN FOREIGN CURRENCY EXCHANGE RATES NEGATIVELY IMPACTED REVENUES BY $4.3 MILLION IN Q4.  Full Article

Gannett's Board Unanimously Rejects Unsolicited Proposal From MNG Enterprises Inc
Monday, 4 Feb 2019 08:00am EST 

Feb 4 (Reuters) - Gannett Co Inc ::GANNETT BOARD OF DIRECTORS UNANIMOUSLY REJECTS UNSOLICITED PROPOSAL FROM MNG ENTERPRISES, INC..GANNETT BOARD OF DIRECTORS UNANIMOUSLY REJECTS UNSOLICITED PROPOSAL FROM MNG ENTERPRISES, INC..GANNETT CO INC - "MNG PROPOSAL UNDERVALUES GANNETT".GANNETT CO INC - "MNG FAILS TO ANSWER HOW TRANSACTION WILL BE FINANCED OR CLOSED".GANNETT CO INC - "GANNETT DOES NOT BELIEVE MNG'S PROPOSAL IS CREDIBLE.".  Full Article

MNG Enterprises reveals 9.4% stake in New Media, protests Gannett deal

Newspaper chain MNG Enterprises revealed a 9.4% stake in New Media Investment Group Inc on Friday, and said it may decide to vote or campaign against the company's proposed deal with Gannett Co .