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Gannett Co: Share
built 280 days ago
Gannett Co. Inc. (GCI) opened at 46.14. So far today, the stock has hit a low of 45.00 and a high of 46.18. GCI is now trading at 45.35, down 0.82 (-1.78%). The stock hit its 52 week high of 63.50 in February and set its 52 week low of 43.79 in August. GCI climbed during 2006, but has sharply falling for the past four months. Shares of Gannett Co have been dropping in today's market as a Banc of America Securities analyst initiated coverage on the stock with a neutral rating.
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Gannett Co., Inc. announced that its Board of Directors declared a dividend of $0.40 per share. The quarterly dividend is payable on January 2, 2008 to shareholders of record as of the close of business on December 14, 2007.
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Gannett, which publishes USA Today, reported a 10.5 percent decline in its first-quarter profit, as income fell from $235.3 million to $210.6 million. Earnings declined to 90 cents a share, from 99 cents.
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