Gannett Co. Inc. has chosen TEGNA as the name for the new broadcasting and digital company as it works to create two publicly traded companies: one exclusively focused on its broadcasting and digital businesses, and the other on its publishing business and affiliated digital assets. The publishing business and its affiliated digital assets will retain the Gannett name once the spinoff is completed mid-2015. TEGNA will trade on the New York Stock Exchange under the ticker symbol TGNA, while Gannett will continue to trade on the NYSE under the ticker symbol GCI. Gannett Co. beat first-quarter earnings expectations Tuesday, MarketWatch reported. The media company reported a GAAP net income of $112.9 million, or 49 cents per share, up from $59.2 million, or 25 cents per share, in the year-earlier period. Gannett also reported adjusted earnings per share of 49 cents, above the FactSet consensus of 45 cents. Gannett reported sales of $1.47 billion, below the FactSet consensus of $1.51 billion. The results include the sale of Gannett Healthcare Group as well as the halted operations of USA Weekend.