Warren Buffett may be the only newspaper owner in American who wants to support the business. In addition to his ownership of daily newspapers in Omaha and Buffalo, he recently ... Read Full Story »
It is no secret that the newspaper business has not been a good sector over the last decade. Subscriptions declined about as fast as the number of smokers did in ... Read Full Story »
The Associated Press hired the worst CEO in the newspaper industry as its 13th chief executive. Its board of directors should be ashamed, as should anyone who works at the news ... Read Full Story »
Goldman Sachs (NYSE: GS) tries to end a legal case concerning fraud in its CDO sales. (Reuters) China’s factory activity slows, as evidenced by the HSBC flash PMI of 48.1, a low reading. ... Read Full Story »
US equity markets opened lower this morning, but after the first hour or so of trading, the three major indexes moved to positive territory where they remained for the rest ... Read Full Story »
At about noon, the DJIA is still up about 35 points at about 12,880, the Nasdaq is up some about 8 points at around 2,910, and the S&P 500 is ... Read Full Story »
Traders rarely make mistakes as bad as the one they made when they pushed newspaper stocks higher early in the year. Shares in companies such as the New York Times (NYSE: ... Read Full Story »
Equities fell sharply after this morning’s opening. Futures were soft prior to the opening bell due largely to continue to worry about Europe and a forecast cut to the European ... Read Full Story »
Many investors track the largest increase in short selling, but there is another crucial way to look at short interest: the days to cover often tells just how actively shorted ... Read Full Story »
By Douglas A. McIntyre It's the middle of the year, and by now, most large public companies have reported financial results for the second quarter of 2011. Some of the ... Read Full Story »
There were strong gains in three Tickerspy indexes over the most recent 30-day period. This month's biggest gainers are in broadcast TV, newspaper and magazines, and in real estate development. Broadcast TV stocks are ... Read Full Story »
Reuters: Google (NASDAQ:GOOG) and IBM (NYSE:IBM) posted strong results. Reuters: Bank of America's (NYSE:BAC) Lewis will skip 2009 pay. Reuters: Japan Airlines says bankruptcy is an option to solving its ... Read Full Story »
The US business of Readers Digest is going into Chapter 11. The immediate cause is the company’s need to restructure $1.6 billion in debt and to move ownership of the ... Read Full Story »
Many knew that the huge Russell rebalance stocks was creating huge selling in the names toward the end of last week. Yet on no news today we are seeing solid ... Read Full Story »
The struggle for large urban newspapers to stay in business has largely been an effort on the part of their managements to increase revenue on the Internet faster than it ... Read Full Story »