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  Topic: NY Times misses third-quarter
revenue expectations, stock tumbles
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NY Times misses third-quarter
revenue expectations, stock tumbles

Reuters, by Jennifer Saba

Original Article

Posted By:lasvegaslou, 10/25/2012 11:37:07 AM

The New York Times Co reported worse-than-expected results on Thursday as advertisers cut spending on both print and digital outlets, sending shares down 12 percent. (Snip) Adjusting for severance costs and other special items, the company reported a quarterly loss of 1 cent per share, well below expectations of earnings of 8 cents per share.

Comments:
Good news! Start the day with a smile on your face.

      


Post Reply  

Reply 1 - Posted by: formerNYer, 10/25/2012 11:40:10 AM     (No. 8960895)

Who is throwing money at this communist rag that keeps it in business? It loses millions every quarter.

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Reply 2 - Posted by: civilservant, 10/25/2012 11:43:42 AM     (No. 8960909)

Smile, #1...........it is Carlos Slim, Mexico's richest man........



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Reply 3 - Posted by: janylou, 10/25/2012 11:49:31 AM     (No. 8960923)

Go ahead, make my day!


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Reply 4 - Posted by: JoeUser, 10/25/2012 11:54:00 AM     (No. 8960940)

I thought the Times motto is "All the news that's fit to print"?

I think it certainly applies, here.

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Reply 5 - Posted by: Robinsolana, 10/25/2012 11:54:25 AM     (No. 8960943)

The NYT deserves to be circling the drain like Newstweek.
The NYT simply omits the news that does not fit it's political agenda.

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Reply 6 - Posted by: shamus, 10/25/2012 12:03:27 PM     (No. 8960976)

All the news that fits.

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Reply 7 - Posted by: seamusm, 10/25/2012 12:04:35 PM     (No. 8960979)

"Help me! Help me! Carlos, I can't help myself." Here's to a businessman buying the Gray Lady outright and laying off Krugman, Maureen and all the other Democrat sycophant liars! Don't ya just love the sound of water circling the drain.

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Reply 8 - Posted by: The Architect, 10/25/2012 12:15:36 PM     (No. 8961007)

Fell Good story of the day.

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Reply 9 - Posted by: mickturn, 10/25/2012 12:17:59 PM     (No. 8961011)

So what's the deal, Obie bailed out every one else, didn't you don the kneepads and do his bidding?

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Reply 10 - Posted by: disasterman, 10/25/2012 12:18:07 PM     (No. 8961012)

They should get Krugman to show somebody his Nobel prize, that'll fix the problem.

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Reply 11 - Posted by: JoniTx, 10/25/2012 12:20:46 PM     (No. 8961024)

Heh, heh, heh, heh......and they keep sending e-mails with low-cost offers for a subscription.

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Reply 12 - Posted by: sinic, 10/25/2012 12:23:44 PM     (No. 8961044)

I'd like to see Rupert buy it for 10 cents on the buck....then fire the whole staff and let it go the way of the dinosaur. Imagine all those beautiful NY liberals having to buy the New York Post! "But Muffy...it's a....TABLOID!

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Reply 13 - Posted by: Nimby, 10/25/2012 12:33:55 PM     (No. 8961090)

WaPO next in line

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Reply 14 - Posted by: country boy, 10/25/2012 12:35:39 PM     (No. 8961100)

#2, not so fast. Yes, Carlos Slim has put money into the NY Slimes, but don't be so sure it was really "his money". Guy like that have a talent for using other people's money, i.e. our money.

Betcha we will find the thread in a few years that obama gave Carlos Slim some payback way (taxpayer money), if he would just prop up the NY times.

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Reply 15 - Posted by: enemyofthestate, 10/25/2012 12:36:22 PM     (No. 8961103)

Isn't it a pity, isn't it a shame.....

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Reply 16 - Posted by: The Advocate, 10/25/2012 1:00:28 PM     (No. 8961178)

Re 15
Read Carlos Slim is a big recipient of money from Obamaphones- can you say bribery?
He funds nYt and gets his money back from US taxpayers for Free Obamaphones.
It's the Chicago Way.

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Reply 17 - Posted by: jimmiet, 10/25/2012 1:26:17 PM     (No. 8961254)

#17 Exactamundo. The American taxpayer is the biggest sucker in the history of the world. How much $$$ do you think Mr. Slim is returning to the DNC. The only caveat is how long will the NYTs continue to publish when Hussein is gone and circulation drops to near O. Mr Slim might be the richest man in the world but even he has limits as to how much he will give to Krugman and MODO.

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Reply 18 - Posted by: Whamdbambam, 10/25/2012 1:35:48 PM     (No. 8961288)

I just love the smell of liberals burning in the morning.

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Reply 19 - Posted by: JAN, 10/25/2012 1:39:53 PM     (No. 8961304)

Pity party for the slimes. nope

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Reply 20 - Posted by: u2phile, 10/25/2012 1:49:08 PM     (No. 8961335)

Sounds like it is head on the same path as newsweek! Couldn't be more deserved. Oh and they can take that DNC loving Boston Globe with it when it goes.

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Reply 21 - Posted by: zephyrgirl, 10/25/2012 1:52:32 PM     (No. 8961346)

Stock now trading at ~$8/share. Quite a fall from 2004 when it was trading around $45/share.



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