For Immediate Release

Chicago, IL – October 20, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Gannett Co. Inc. (GCI), Washington Post Company (WPO), Journal Communications (JRN), McClatchy Company (MNI) and The New York Times Company (NYT).

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Here are highlights from Monday’s AnalystBlog:

Gannett Beats Zacks Consensus

Gannett Co. Inc. (GCI), the largest newspaper publisher in the U.S., recently reported third-quarter 2009 results. Despite a faltering economy and decline in print advertising revenue, the company’s earnings topped expectations, buoyed by effective cost-cutting measures, lower newsprint expense,

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Gannett Co. Inc. (GCI), the largest newspaper publisher in the U.S., recently reported third-quarter 2009 results. Despite a faltering economy and decline in print advertising revenue, the company’s earnings topped expectations, buoyed by effective cost-cutting measures, lower newsprint expense, reduction in headcount and pay cuts. Operating expenses dropped 14.4% to $1,179.6 million. Gannett’s quarterly earnings of 44 cents a share surpassed the Zacks Consensus Estimate of 38 cents as well as the company’s expected guidance range of 39 cents to 42 cents a share. However, earnings fell 42.1% year-on-year from 76 cents reported in the prior-year quarter due to an 18.4% decline registered in the total revenue of $1,336.6 million. On a reported basis, including one-time items, earnings came in at 31 cents a share, down 55.1% from 69 cents posted in the year-ago quarter. Gannett is facing the same dramatic decline in advertising revenue ...

The shares of Gannett Co., Inc. (GCI) rallied after the news of its better-than-expected third quarter profit hit the market. The shares of Gannett rocketed to close at $11.74 on Sep 29, 2009 , up nearly 17.6% from the previous day’s close. Gannett, the largest newspaper publisher in the U.S., notified that it now expects third quarter earnings in the range of 39 cents to 42 cents a share, which far outpaced the Zacks Consensus Estimate of 29 cents. However, this marks a sharp decline from 76 cents delivered in the prior-year quarter. On a reported basis, including special charges like facility consolidations and workforce restructuring, EPS is expected to be between 25 cents and 31 cents. The stringent cost-cutting measures and lower newsprint expenses have helped to drive the bottom-line results. After trimming its work force by 10%, Gannett revealed plans to further slash ...