Reports from Editor & Publisher

Gannet shares fall to lowest level ever
Shares of Gannett Co. Inc. fell to their lowest level ever Tuesday on heavy trading.

Gannett closed at $4.96, the first time its share price has gone below $5 in its more than 23 years as a publicly traded company. Gannett declined 35 cents a share, or 6.59%, in Tuesday's session.

More than 14.3 million shares -- including a trade of 1.19 million shares minutes before the closing bell -- traded hands Tuesday, nearly three times the average volume of the past three months.

Three Ohio dailies quit Tuesday editions
Three western Ohio newspapers are halting publication of Tuesday editions because of the weak economy.

The Troy Daily News, Piqua Daily Call and The Sidney Daily News will begin the new schedule next week. The Troy newspaper will print six days a week, continuing the Miami Valley Sunday News on Sundays. The Piqua and Sidney newspapers don’t have Sunday editions and will print five days a week.

Publisher Frank Beeson says the move will help avoid newsroom layoffs. The newspapers’ combined total work force has been reduced by about 10 percent by layoffs in recent months.