America’s largest newspapers have struggled to recover from what many analysts considered certain extinction. These properties are at the point where they have some chance to continue, although as smaller companies. Circulation…
George Papandreou convinces the Greek cabinet of the virtues of a national referendum on budget cuts, but he now faces the leaders of France and Germany. (Reuters) The FBI may investigate the…
Two of the world’s largest advertising agencies reported earnings this morning, and while the reports are good, the outlook for the current quarter is soft. Things are expected to get better in…
Markets opened higher this morning on renewed hope for a deal on Europe’s debt debacle. At a meeting of EU leaders, the group approved a 9% capital buffer to go into effect…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this morning. Albemarle Corporation (NYSE: ALB) Raised to Neutral at BofA/ML. Amazon.com Inc.…
Newspaper companies are in deep trouble again, and it is not because of the economy exclusively. Ad dollars have moved to online media fast enough so the slide in newspaper revenues is…
Google (NASDAQ: GOOG) announced monster earnings on the same day that the New York Times (NYSE: NYT) said it would cut more workers. This news shows once again how great the divide…
Advertising revenue at the New York Times (NYSE: NYT) will be off 8% in the third quarter, according the company’s CEO, Janet Robinson. She made the comments at a gathering of analysts.…
The House defeated a spending bill to fund the federal government passed September 30. (Reuters) United Technologies (NYSE: UTX) will buy Goodrich (NYSE: GR) for $16.5 billion. (Reuters) China’s PMI for September…
Web site visitors didn’t set any records last month, but they also didn’t lose any ground. Among the leading sites, some had small gains and others had small losses. Overall though, more…
The stock price of the New York Times (NYSE: NYT) has dropped to a two-year low, a sign that investors no longer consider a newspaper industry turnaround — particularly at the Times…
Yahoo! (NASDAQ: YHOO) said its revenue fell last quarter to a large extent because of a drop in its display advertising. The trend will spread to other websites with smaller audience size…
The EU has reached no decision on Greece. The IMF favors private sector involvement (Reuters) Japan warned about the economic results of the rapid rise in the yen (Reuters) The dollar fell…
Samsung filed patent lawsuits against Apple (NASDAQ: AAPL) over smartphone technology (Reuters) The Japanese government will release $50 billion to cover initial costs of the earthquake (Reuters) The Administration will create a…
The members of the Federal Reserve are more divided about what steps the central bank should take next to mute inflation and help the expansion. (Reuters) Americans are telling the Fed that…
