Newspaper stocks catch a bid on the heels of Gannett's (GCI) rosy outlook. While ad revenues...

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

Newspaper stocks catch a bid on the heels of Gannett's (GCI) rosy outlook. While ad revenues remain under pressure, bottom line numbers were well ahead of expectations due to significantly lower newsprint expenses. Early on: GCI +14%. NYT +9%. MNI +11%. LEE +27%. WPO +3%.