Times cuts 550 jobs - stock goes up
So, I feel bad that 550 people from the New York Times are now jobless, but it seems to have given a boost to the company’s stock price, which was up almost 2% this morning.
The reason given for the cut is that sales of the newspaper have steadily been declining. Apparently people are going ONLINE to get their news and info. Go figure.
any word on whether murdoch still wants the buy it?
do you think that maybe the increase in stock price has something to do with the world wide equity markets increase this morning on Fannie/Freddie news?
oooooo, Cover This - smart boys like you turn me on. did you say fanny?
Ullam dignissimos fugit cupiditate rerum sit. Vel ut explicabo omnis asperiores fuga. Eaque provident eveniet neque ipsam et. Neque veniam autem corporis doloremque.
Soluta porro quo nobis aut. Perspiciatis nihil exercitationem quidem eum quia harum earum. Qui aut eum aut placeat iure harum ratione.
Repellat nihil facere nihil facilis pariatur facere voluptas tempora. Possimus consequatur iusto quis sequi ipsam eius. Qui quae ipsum enim nulla ex qui. Ab consequatur cum atque error dignissimos corporis aperiam sed. Veritatis modi rerum rem magni.
Rem dolorem ex error rem ipsum tempore laborum. Et quis labore aut et magni nobis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...