Gannett says third-quarter earnings to beat expectations
New York — Gannett Co., the largest newspaper publisher in the U.S., said third-quarter earnings should far outpace expectations despite a narrow shortfall in revenue, as layoffs and falling newsprint costs help offset weak advertising sales.
Gannett, which publishes 84 daily U.S. newspapers, including The Indianapolis Star and USA Today, and operates 23 television stations, anticipates earnings of 25 cents to 31 cents per share when it reports results Oct. 19. ( AP )
Announcement Antonio Galindez, president and CEO of Indianapolis-based Dow AgroSciences, and Purdue University President France A. Crdova will be among state economic development leaders making an “agricultural and life sciences” announcement at 11:30 a.m. today at Kurz Purdue Technology Center.
Environmental study A Purdue University study has found that more fertilizers and pesticides will enter waters near farm fields if farmers boost their corn acreage to meet demand for corn-based ethanol. The findings appear in the online version of The Journal of Environmental Engineering.
New post Bob Richards, a longtime employee of Cumulus-owned WFMS-FM (95.5), is switching to rival Emmis Communications Corp. to become operations manager of the Indianapolis radio station cluster. Starting Thursday, the stations under his control will include WIBC-FM (93.1), WYXB-FM (105.9), WLHK-FM (97.1) and WFNI-AM (1070). ( Star reports )
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