GANNETT RESULTS BEAT WALL STREET EXPECTATIONS

Gannett, owner of USA TODAY and 109 local news properties in the U.S., on Thursday reported second-quarter results that beat Wall Street expectations. The McLean, Va.-based company reported a net loss of $487,000, or break even on a per-share basis, for the quarter ending June 25, reflecting the impact of restructuring, severance, acquisition and other costs. Gannett shares were down 1.4% Thursday, closing at $8.35.