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Stock Market & Financial Investment News

News Breaks
February 8, 2013
10:26 EDTNYTContrarius Investment reports 7.9% passive stake in New York Times
News For NYT From The Last 14 Days
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October 1, 2014
09:23 EDTNYTNew York Times reducing cost base to safeguard long-term profitability
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09:21 EDTNYTNew York Times says to sunset NY Opinion app
Says "NYT Now is a terrific app and has struck a chord with younger users, many of them entirely new to The Times. However our effort to define and market a lower-priced subscription offer on the web and core apps has proven much less successful. So we’ve decided to split those two efforts. We will continue to back NYT Now as a smartphone-only product, aimed at new and younger audiences and we’ve already begun to test other, more intuitive lower-priced subscription offers. NYT Opinion attracted early passionate loyalists and it too broke new ground for The Times in the curation of the rest of the Web. We’ve learned some important editorial and design lessons from it that will be invaluable as we grapple with the continued challenges and opportunities of mobile. But, four months after the launch of the app, it hasn’t attracted the kind of new audience it would need to be truly scalable. So we’ve decided to sunset the app, though we will continue to sell access to the Opinion section of the Web site as a separate subscription offer. "
09:21 EDTNYTNew York Times says committed to core stratgy
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09:20 EDTNYTNew York Times sees digital advertising to show approx. 16% growth in Q3
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09:19 EDTNYTNew York Times stays to begin round of buyouts, layoffs
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September 24, 2014
13:29 EDTNYTNew York Times announces executive changes
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September 19, 2014
14:40 EDTNYTNew York Times considering more employee buyouts, Politico says
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