<< Read Full Article
<< Read Full Article
Earnings fell by half at the New York Times Co.(NYT Quote) in the third quarter, held back by surging paper prices and tepid ad growth.
The company turned a profit of $23.1 million, or 16 cents a share, in the quarter, compared with $48.3 million, or 33 cents a share, a year ago. The latest period included a layoffs charge of 5 cents a share and options-expensing costs of 1 cent a share. Total revenue rose 2.2% to $791.1 million.
Analysts surveyed by Thomson First Call were forecasting precharge earnings of 17 cents a share on sales of $787.8 million. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,471.58 | 1,108.86 | 2,175.81 | 32.75 |
Oil *
79.69
|
|
UP
126.74
|
UP
13.23
|
UP
31.21
|
UP
0.74
|
10 Yr
3.28%
SPDR Gold
117.38
|
|
+1.23%
|
+1.21%
|
+1.46%
|
+2.31%
|
Data delayed 20 minutes |
Connect with TheStreet