Gannett Co. (NYSE:GCI) Insider David Lougee sold 37,250 shares of Gannett Co. stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $29.37, for a total transaction of $1,094,032.50. Following the completion of the transaction, the insider now directly owns 11,264 shares of the company’s stock, valued at approximately $330,824. Gannett Co., Inc. (NYSE:GCI) stock opened at $28.49 in last session, and closed at $28.40, while the day range of Gannett Co., Inc. (NYSE:GCI) stock is $28.14 – $28.60. The stock showed a positive weekly performance of -3.40%.
Vanessa Friedman, currently the fashion editor of the Financial Times (FT), has been named fashion director and chief fashion critic for The New York Times Company (NYSE:NYT) She will take up her position next month and lead global fashion coverage for both The New York Times and International New York Times on all platforms. The New York Times Company (NYSE:NYT) stock opened at $16.51 in last session, and closed at $16.35 by losing -1.74%. The 52 week range of $8.71 – $16.93. Company’s market capitalization is $2.45 billion.
The owner of 30 daily U.S newspapers, McClatchy Company (NYSE:MLN) has decided to drop its Health care plan by the end of 2014. The health care plan was meant for the retirees, but under the Affordable care Act, which came into existence recently, the company has decided to end the health care plan. The McClatchy Company (NYSE:MNI) finished the last session at $6.16. The EPS of the stock remained -0.28. Company’s market capitalization is $531.55 million.
On February 18, 2014, Lee Enterprises, Incorporated (NYSE:LEE) filed a Form 8-K announcing that its presentation of business and financial information that may be given to prospective institutional investors (the “Institutional Investor Presentation”) from time to time regarding the refinancing of the Company’s 2012 First Lien Loan Agreement may be found on the Company’s website at www.lee.net/financial. Lee Enterprises, Incorporated (NYSE:LEE) stock opened the session at $5.08, and closed the session at $5.06. The 52 week range of the Lee Enterprises, Incorporated (NYSE:LEE) stock remained $1.19 – $5.42 and the day range was $4.93 – $5.13.
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