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Gannett's (NYSE:GCI) largest investor says it and other newspaper publishers will beat estimates...

Jul. 28, 2009 2:22 PM ETGannett Co., Inc. (GCI)GCIBy: Jason Aycock, SA News Editor
Gannett's (NYSE:GCI) largest investor says it and other newspaper publishers will beat estimates for the next five to six quarters. Ariel Investments more than doubled its Gannett stake in Q1 to 12%, and says that cost cuts and more moderate ad declines will pay off in earnings.

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