Gannett Co Inc
Most Recent
Stock Upgrade Pushed First Solar to the Top of SPY
First Solar has earned 11 “buy” recommendations, eight “hold” recommendations, and one “sell” recommendation.
How AIG Could Position Itself following Icahn’s Call for a Split
It appears that AIG’s management will be more inclined to continue as a consolidated entity and to improve returns for its shareholders in its current form.
Gannett and QEP Resources Reach the Top of SPY Stocks
The stocks of the SPDR S&P 500 ETF (SPY) that made it to the top on Thursday, October 29, were Gannett (GCI), QEP Resources (QEP), and FMC Corp (FMC).
Analyzing Icahn Associates’ 13D and 4Q14 13F Filings
Icahn Associates’ 4Q14 positions were disclosed through a 13F filing in February. The size of the US long portfolio was down to $31.89 billion.
Gannett targets growth through acquisition of Cars.com
Gannett announced the acquisition of a 73% stake in Classified Ventures in August last year. Classified Ventures owns Cars.com.
Gannett plans to split off into two publicly traded companies
In August last year, Gannett Company (GCI) announced that it plans to create two publicly traded companies. It expects to split off its publishing business by the middle of this year.
Broadcasting and Digital drove GCI’s 24% revenue growth in 4Q14
Gannett said that the revenue growth, for the quarter and the full year, was driven by the Broadcasting and Digital segments.
Why Carl Icahn threatened a proxy fight at Gannett
Last month, activist investor Carl Icahn put pressure on Gannett Company (GCI). He threatened a proxy fight unless the fund’s concerns were resolved.
Carl Icahn discloses activist stake in Manitowoc
Activist investor Carl Icahn owns a 7.77% stake in Manitowoc and will push it to break into two companies.
Must-know: Icahn Associates’ 2Q14 positions
Carl Icahn is one of Wall Street’s most influential investors. He disclosed Icahn Associates Corp.’s 2Q14 positions through a 13F filing last month. The size of the U.S. long portfolio increased to $38.5 billion. It was $32.9 billion last quarter. Its only buy in the second quarter was Gannett Co. (GCI).
