A number of media companies are scheduled to report this week and were hoping the Tribune will have positive news.
Wednesday will see reports from Gannett (GCI) and Media General (MEG) and Thursday to see reports from the New York Times Co. (NYT), Tribune Co. (TRB) and McClatchy Co. (MNI).
McClatchy last month agreed to buy its larger newspaper publishing rival Knight-Ridder Inc. for $6.5 billion in cash, stock and assumed debt.
Knight-Ridder (KRI) will post its results on Friday.
Last Friday we watched the Tribune stock move up 43 cents, and Monday the stock jumped another 44 cents in an upward trend. Does this mean there is good news just around the corner?
Ed
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