Gannett Profit Falls 36% as USA Today Ad Sales Plunge (Update1)

News icon News posting on July 16, 2008 | Related to Cozi

July 16 (Bloomberg) — Gannett Co. , the largest U.S. newspaper publisher, said second-quarter profit declined 36 percent after advertising sales at USA Today plunged. The stock dropped to its lowest level since 1985.

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Source: Bloomberg.com