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Stock Market & Financial Investment News

News Breaks
March 18, 2013
14:44 EDTWPO, NYT, NWSA, PSOWashington Post to join peers with paywall, though fee undecided
The Washington Post (WPO) announced in an email that it will introduce a "paywall" this summer, meaning it will start charging some frequent users of its Web site. The publication will ask those who look at more than 20 articles or multimedia features a month to pay a fee, although the company has not yet decided how much it will charge, it stated. The paper added that its home-delivery subscribers will continue to have free access to all of The Postís digital products and that students, teachers, school administrators, government employees and military personnel will have unlimited access while in their schools and workplaces. The step, which The Washington Post called "modest compared with some other publications," is one the company said it has previously shied away from for fear of driving away readers and online advertisers. The Post noted that other daily publications that charge for content include the Wall Street Journal, which is owned by News Corporation (NWSA), Pearson's (PSO) Financial Times, and the Boston Globe and the New York Times, which are both owned by The New York Times Company (NYT). In afternoon trading, Washington Post shares slipped $2.67, or 0.6%, to $442.03.
News For WPO;NYT;NWSA;PSO 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
October 20, 2014
06:46 EDTNWSANews Corp. upgraded at Macquarie
As previously reported, Macquarie upgraded News Corp to Neutral from Underperform. The firm upgraded shares based on valuation and expectations for operational trends to improve in 2015. Price target is $16.70.
06:40 EDTNWSANews Corp. upgraded to Neutral from Underperform at Macquarie

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