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The scribes, delivery drivers, press workers and others in the sprawling news and publishing empire of Gannett (GCI) have had a rough few years of it. In recent weeks alone, there have been as many as 189 unannounced job cuts at last count, on the heels of 255 in November; as many as 20,000 newspaper [...]
Viacom (VIA), something a frequent flyer here on footnoted, has cordially invited shareholders to its annual meeting on March 16 in New York. We can’t help but notice that the date is also the third anniversary of the date that Bear Stearns & Co., tottering on the precipice, agreed to be acquired by JPMorgan Chase [...]
Krispy Kreme Doughnuts (KKD) holds a special place here at footnoted, and not just because of their signature melt-in-the-mouth-sugary glazed doughnuts (sickeningly delicious as those are). The Winston-Salem, N.C., purveyor of fried dough was an early subject of these pages, and has popped up regularly since — it looks like this post will take its [...]
This morning, Xerox (XRX) reported an earnings decline thanks to restructuring, warned of worse-than-expected results for the coming year, and disclosed the departure of Lawrence Zimmerman, its chief financial officer of eight years. Together, the news has sent Xerox shares down 7% or so in pre-market trading. But here at footnoted, we’re looking to the [...]
There’s long been an air of mystery surrounding the top echelon at Goldman Sachs (GS) — its so-called “partners,” a hold-over from the days before the company was publicly traded — including just who is a member at any given time. Now, thanks to a joint footnoted/New York Times analysis, we know just how male, [...]
