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Stock Market & Financial Investment News

News Breaks
July 11, 2014
11:02 EDTNYTNew York Times Q2 finished below guidance, says Jefferies
Jefferies earlier today said that based on its daily tracking of ad pages, New York Times finished below guidance in Q2 and its Q3 is off to a slow start. Citing weakness in several key categories, Jefferies lowered its Q2 and Q3 advertising estimates for New York Times to down 6.8% and down 5.1% from down 4.1% and down 3.1%. The firm kept a Hold rating on the stock with a $15 price target. Shares of New York Times are trading down 5%, or 67c, to $14.13 in morning trading.
News For NYT From The Last 14 Days
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October 22, 2014
11:32 EDTNYT300 NY Times employees request to review severance packages, NY Post says
More than 300 New York Times employees have requested to review their potential severance packages after the company tried to entice 100 newsroom staffers to accept buyouts, reports NY Post. Grant Glickson, the unit representative of the Newspaper Guild said, ďA lot of people were just securing their rights and checking it out." Reference Link

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