|
NYTimes common stock has had an awful year
The link is the one year Yahoo chart. They were at about $40/share in Jan 05 and are now about $28/share. The quarterly statement of profits also looks pretty bad: http://finance.yahoo.com/q/is?s=NYT. What is pretty sad for them is that they've been buying back their common stock this year so on paper they have somewhere in the neighborhood of a $500M loss on this transaction strategy. Posted by: mhw 2005-12-13 |
| http://www.rantburg.com/poparticle.php?ID=137330 |