(EMAILWIRE.COM, February 02, 2010 )
Dallas, Tx - Gannett Co., Inc. (NYSE:GCI) went down 7% to $15.02 on 22.63 million shares after the company posted a better-than-expected quarterly profit as cost cutting at the largest U.S. newspaper chain helped overcome a 14 percent decline in revenue on shrinking advertising sales. Its fourth-quarter profit was $133.6 million, or 56 cents a share, compared to $4.7 billion, or $20.65 a share, a year earlier when the company took a massive writedown of more than $5 billion of its assets.

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China Agritech Inc. (NASDAQ:CAGC) surged 3.33% to $28.24. The stock hit an intraday high and an intraday low of $28.38 and $25.10 respectively. In the last six months the stock went up over 106%. China Agritech, Inc. is a holding company for its direct and indirect subsidiaries, which manufacture and sell organic liquid compound fertilizers and related agricultural products.

KongZhong Corporation (ADR) (NASDAQ:KONG) soared 7.91% to $9.14 on 1.03 million shares. The stock hit an intraday high and an intraday low of $9.31 and $7.85 respectively. In the last six months the stock went down over 26%. KongZhong Corporation provides interactive entertainment, media and community services to mobile phone users through second-generation (2G) technology platforms, including short messaging services (SMS), interactive voice response (IVR) and color ring back tone (CRBT), and through 2.5G technology and operating platforms, including wireless application protocol (WAP), multimedia messaging services (MMS) and Java.

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