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Gabelli & Co. is lowering its estimates on Gannett Co (NYSE: GCI), but it keeping its Buy rating on shares. In a note to clients, Gabelli & Co. writes, "We are lowering our 2011 and 2012 EPS estimates to $2.10-2.15 and $2.25, from $2.20 and $2.45 respectively, following 2Q results....

Cusick's Corner Support held, 1295 on the S&Ps, and we finished the day above 1300 which is the psychological support, bringing this index, followed by the other majors, above the mid-term support of their 50-day moving averages. Tomorrow the market will focus on the Housing Starts and Permits...

Shares of The New York Times Company (NYSE: NYT) are lower on the session by 4.04%, currently trading at $8.32. The stock has been moving largely higher over the past three months, but it is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A...

Over the weekend, a ratings agency downgraded U.S. government debt. Fortunately or unfortunately, depending upon your perspective, no one cares what Egan-Jones has to think. The independent ratings agency run by Sean Egan downgraded the US from AAA to AA+ over the weekend. In the release, Egan-...

PetMed Express Inc (NASDAQ: PETS) reported a 33% decline in its fiscal first-quarter earnings. PetMed Express reported its quarterly profit at $4.8 million, or $0.22 per share, down from $7.2 million, or $0.32 per share, in the year-earlier period. Its revenue dropped 1.1% to $74 million, while...

Gannett Co Inc (NYSE: GCI) reported a 23% decline in its second-quarter net income and doubled its quarterly dividend. Gannett's quarterly earnings dropped to $151.5 million, or $0.62 per share, from $195.5 million, or $0.81 per share, in the year-ago quarter. Its adjusted earnings came in at $0....

Gannett Co., Inc. (NYSE: GCI) announced today that its board of directors approved a 100 percent increase in its regular quarterly dividend to 8 cents per share from 4 cents per share. The increased quarterly dividend is payable on October 3, 2011 to shareholders of record on September 9, 2011....

Merger activity rebounded again with six new deals announced and four closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 125 Total Number of Deals Not...

US stock futures are lower this morning, as investors are awaiting quarterly earnings from International Business Machines Corp (NYSE: IBM). Futures on the Dow Jones Industrial Average dropped 67 points to 12,385.00 and futures on the S&P 500 stock index fell 7.10 points to 1,307.40. Nasdaq 100...

Some of the stocks that may grab investor focus today are: Wall Street expects International Business Machines Corp (NYSE: IBM) to report its Q2 EPS at $3.03 on revenue of $25.35 billion. IBM shares gained 0.49% to $176.40 in after-hours trading. Analysts are expecting Charles Schwab Corporation...

Value Line, Inc. (NASDAQ: VALU) announced today that its Board of Directors has declared on July 14, 2011 its regular quarterly cash dividend of $0.20 per share of common stock, payable on August 4, 2011, to stockholders of record on July 25, 2011. The Company has 9,963,181 shares of common stock...

S&P last night came out with a report that it could downgrade U.S. debt even if the debt ceiling is raised. S&P basically came out and said Congress needs to cut $4 trillion from the budget over the next 10 years, or a downgrade is likely. S&P and the other rating agencies are doing...

By Eli Inkrot We think all of the names below offer investors the potential for 30% upside this year. See Investment Underground's analysis and commentary on each below. As always, use the list below as a starting point for your own due diligence: Morningstar (MORN): It can be somewhat unnerving to...

By Eli Inkrot We think all of the names below offer investors the potential for 30% upside this year. See Investment Underground's analysis and commentary on each below. As always, use the list below as a starting point for your own due diligence: Morningstar (MORN): It can be somewhat unnerving to...

By Eli Inkrot We think all of the names below offer investors the potential for 30% upside this year. See Investment Underground's analysis and commentary on each below. As always, use the list below as a starting point for your own due diligence: Morningstar (MORN): It can be somewhat unnerving to...