Wall Street yawns at firing

Tribune stock was down $0.04, or 0.12 percent, just before the close, which is not exactly a huge response to news of Jeff Johnson's firing. But it is worth noting that since the stock hit a 52-week high of $34.28 on Sept. 22, right after Tribune's board announced plans to consider major restructuring, shares have been sliding (and remember, this is in the midst of the Dow hitting record highs). Today, the stock was trading at $32.93. It's been in the $29-$33 trading range for the past few months. None of which suggests much enthusiasm about the company or its options.