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News of the newspaper industry
Lee Enterprises takes $772 million goodwill impairment charge
Mark Fitzgerald - Editor & Publisher - 15 May 2008
Lee Enterprises Inc. took a goodwill impairment charge of $772 million in a revised financial report that pushed its loss to $716.4 million, or $15.90 per share, for its second fiscal quarter ended March 30.
Incoming Newspaper Guild prez: Industry too pessimistic
Joe Strupp - Editor & Publisher - 14 May 2008
Challenger Bernie Lunzer, whose election as Newspaper Guild president is expected to be certified on Thursday, said he wants to have the union "actively involved in the direction of the industry."
Gannett offers 160 buyouts in NJ
The Associated Press - 09 May 2008
Gannett Co. Inc. on Friday said it was offering buyouts to a total of 160 workers at five of its six New Jersey newspapers, as advertising revenues decline.
Lunzer expected to win Newspaper Guild presidency
Joe Strupp - Editor & Publisher - 06 May 2008
Challenger Bernie Lunzer will win The Newspaper Guild presidential election, according to voting data obtained by E&P that indicates he has a lead of more than 900 votes with only some 600 potential ballots left to be counted.
McClatchy stock down on huge volume
Mark Fitzgerald - Editor & Publisher - 06 May 2008
Stock in The McClatchy Co. dropped more than 7% on trading volume Monday that was more than seven times higher than normal.
Challenger Lunzer leading Newspaper Guild presidential election
Joe Strupp - Editor & Publisher - 05 May 2008
Early returns in the first contested Newspaper Guild presidential election since 1995 indicate a possible change at the top with challenger Bernie Lunzer ahead of incumbent Linda Foley.
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