The Contrarian: Ariel Says Newspapers Are Poised For A Year (At Least) Of Profits


Credit: Jan Krömer

While many observers argue that recent profit swings for Gannett (NYSE: GCI), McClatchy (NYSE: MNI) and other newspaper publishers will be short lived, Ariel Investments CEO John Rogers Jr. is far more bullish. In fact, Rogers tells Bloomberg that he expects the newspapers to defy analysts

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