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Newspaper Stocks Still Soggy

Stock quotes in this article: DJ , NYT , SSP , GCI , KRI , TRB  

The good news is that things can't get much worse for newspaper stocks.

The advertising and earnings pictures keep getting worse, but large-cap newspaper stocks may have bottomed anyway, according to a Merrill Lynch report Wednesday.

Gannett (GCI Quote), Tribune (TRB Quote) and the New York Times(NYT Quote) are all down between 25% and 30% over the last year, while shares in Scripps (SSP Quote) are down 10%. ...

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