Gannett Tumbles on Drop in Profit, USA Today Ad Sales (Update2)

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

July 16 (Bloomberg) — Gannett Co. , the largest U.S. newspaper publisher, dropped to its lowest level since 1990 on the New York Stock Exchange after reporting second-quarter profit fell 36 percent, hurt by sliding advertising sales.

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Source: Bloomberg.com