Shares of Gannett (GCI -7.3%) lead the decline in the S&P 500 this morning, despite beating...

|About: Gannett Co., Inc. (GCI)|By:, SA News Editor

Shares of Gannett (GCI -7.3%) lead the decline in the S&P 500 this morning, despite beating Q4 EPS estimates. Profit dipped 5% Y/Y as a decline in advertising at its newspapers and lower television revenue swamped modest growth in the publisher's digital businesses.