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Reuters BusinessJul 19, 2019
Global stocks down as big rate cut hopes fade, dollar rises
A gauge of global stocks declined after early gains dissipated on Friday as expectations for a strongly dovish U.S. Federal Reserve at its next meeting were dialed back, pushing the dollar higher.

MarketWatch MarketPulseJul 19, 2019
Gannett's stock soars after WSJ report a buyout by GateHouse is near
Shares of Gannett Co. Inc. soared 21% in morning trading Friday, after The Wall Street Journal reported that the publisher of the USA Today newspaper was nearing a deal to be acquired by GateHouse Media. The WSJ report, out late Thursday, said the companies were discussing a cash-and-stock deal, which would join the U.S.'s two largest newspaper groups by circulation. On May 30, the WSJ had reported that Gannett and GateHouse were in merger talks. And in January, the WSJ reported Gannett was approached by hedge-fund backed MNG Enterprises Inc., better known as Digital First Media. Gannett's stock has lost 5.7% over the past 12 months, while the S&P 500 has advanced 7.1%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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