Latest Articles
-
New York Times Ad Sales Fall But Digital Subscribers Offer Hope
The New York Times Company (NYSE:NYT) posted a net loss for the third quarter, which caused the stock to drop over 20% during Thursday’s trading session. The firm reported a slight 0.6% decline in overall revenues compared to 2011 driven by...
-
Digital Remains The Key For NYT’s Q3 Earnings
The New York Times Company (NYSE:NYT) is set to report its third quarter earnings Thursday, October 25. The company had an eventful third quarter that saw the sale of About.com for $300 million and the appointment of Mark Thompson as the new CEO....
-
NYT Is Pricey At $10 With Subdued Digital Growth
Investors in The New York Times Company (NYSE:NYT) have had a good time lately, watching the stock rise to $10, which has netted them a return of over 40% in the last three months. We think one of the catalysts for the rapid rise was NYT’s ...
-
NYT’s Cash From About Group Sale Should Be Invested In Digital Offerings
The New York Times Company (NYSE: NYT) announced on August 29 that it will be selling the About Group to InterActiveCorp (IAC) for approximately $300 million. This might be its last major asset sale as it been selling off its fringe divisions to...
-
New York Times’s New CEO Sharpens Its Digital Focus
The New York Times (NYSE: NYT), on August 14, announced that it will bring in Mark Thompson, previously a director at the British Broadcasting Corporation (BBC), as its new CEO. We think this is an interesting choice for the top job since The Ne...
-
NYT Looks To Sell About.com To Focus More On Core Business
The New York Times (NYSE: NYT) is in negotiation to sell its website About.com to Answers.com for approximately $270 million. The deal has not been finalized yet, but sources say that Answers.com has signed a letter of intent to complete the tran...
-
NYT Shows Strong Digital Growth As Outlook Improves
The New York Times Company (NYSE:NYT) posting a second quarter loss from continuing operations of $0.57. Its operating income included a $0.85 non-cash write-down for About.com, without which the firm would have reported earnings of $0.14 per sha...
-
New York Times Must Deliver Digital Growth
The New York Times Company (NYSE: NYT) is set to release its earnings later this week, on Thursday, July 26. The company blew past earnings estimates during the first quarter on strong digital subscriber growth, in part by decreasing the...
-
NYT’s Future Depends On Digital Subscriptions And Online Advertising Growth
The New York Times (NYSE:NYT) reported its earnings for Q1 2012, with a slight decline in overall revenue compared to 2011, after adjusting for discontinued operations linked to the sale of the Regional Media group, which it sold off in January 2...
-
New York Times Earnings: Undervalued And Will Get Lift From Digital Push
New York Times (NYSE:NYT) will release its quarterly earnings on April 19. It has seen its revenue from traditional sources such as print advertising decline in the last year while it focuses on increasing revenue from subscriptions and online ad...
-
NYT Revamps Facebook Page for Further Engagement
The New York Times Company (NYSE:NYT) recently introduced a major update to its Facebook page, primarily including the Timeline feature, that would allow for greater user engagement for the company. The addition of the Timeline feature allows use...
-
NYT Relies More on Subscriptions as Ad Business Heads South
The New York Times (NYSE:NYT) showed yet another disappointing year as it failed to turn around its advertising revenues for 2011, which declined by 4.7% compared to the decline of 4.1% in 2010. Although the company’s digital subscriptions ...
-
NYT Frees Up Roughly $30 Million; Mobile Investments Ahead?
While advertising revenue continued to decline for the New York Times (NYSE:NYT) in 2011, the company also announced the sale of its remaining shares in the Fenway Sports Group, amounting to around $30 million. The move seems to be in line with ...
-
NYT Earnings: Expect More of the Same, Stock Full at $7.50
New York Times (NYSE:NYT) looks on track to achieve around 500,000 digital subscriptions for 2011, which stood at around 324,000 by Q3 2011. However, the company’s foray into increasing digital content will be anything but easy in 2012. For...
-
NYT Still Worth $7.50, Despite Free Nooks Promotion
New York Times (NYSE:NYT) and book retailers Barnes & Noble have struck a unique agreement – subscribe to NYT and get the Nook devices for free or at a discount. NYT has been pushing its digital content aggressively, especially as the m...
