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?
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