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UPDATE: Citi Upgrades New York Times to Buy (NYT)
Monday, March 21, 2011 - 7:01am | 108Citi is out with its report today on the New York Times (NYSE: NYT), upgrading NYT from Hold to Buy. In a note to clients, Citi writes, "We're maintaining our $11.50 target price as a slightly lower 2011 EBITDA estimate is offset by a modestly higher target multiple. Our lower 2011 EBITDA estimate...
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Citigroup Upgrades New York Times To Buy, $11.50 PT
Monday, March 21, 2011 - 6:23am | 25Citigroup has upgraded New York Times (NYSE: NYT) from Hold to Buy and maintains its $11.50 price target.
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Citigroup Ups NYT To Buy
Monday, March 21, 2011 - 5:58am | 42Analysts at Citigroup upgrade New York Times Company (NYSE: NYT) from “hold” to “buy.” NYT shares rose 3.26% to close at $9.18 on Friday. More Analyst Ratings here
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J.P. Morgan Reiterates New York Times Neutral (NYT)
Friday, March 18, 2011 - 8:02am | 136On the heels of the New York Times (NYSE: NYT) paywall announcement, J.P. Morgan reiterated the company's Neutral rating. J.P. Morgan has previously given the New York Times a $12 price target. In the report, J.P. Morgan states, "New York Times announced yesterday that it will begin a test in...
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Options Brief: The New York Times Company (NYT)
Thursday, March 17, 2011 - 12:53pm | 96Shares of The New York Times Company (NYSE: NYT) are higher on the session by 2.09%, trading at $9.04. Overall call volume is now running at 7.31x the daily average, with 91% of all calls traded being purchases on the offer. 1,792 contracts have traded on the session so far. The New York Times...
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New York Times Paywall Announced (NYT)
Thursday, March 17, 2011 - 9:49am | 127Details of the New York Times (NYSE: NYT) paywall are starting to emerge. For $15 per month, users can read all the content on the web. $20 per month will give you access to the web and iPad, and $35 per month is an all-access plan. The plan starts on March 28. Canadian readers will start...
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The New York Times Launches Digital Subscriptions on March 28
Thursday, March 17, 2011 - 9:45am | 123The New York Times (NYSE: NYT) announced today that it is launching digital subscriptions, which will affect some users of its award-winning Web site, NYTimes.com, and its applications for smartphone and tablet. The subscription plan allows for free access to a set amount of content across...
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Global Sources Reports Q4 EPS of $0.30
Thursday, March 17, 2011 - 4:29am | 62Global Sources Ltd (NASDAQ: GSOL) reported its Q4 EPS at $0.30, versus the consensus of $0.26. GSOL reported its Q4 revenue at $62.4 million, versus the consensus of $60.17 million. GSOL shares fell 1.40% to close at $9.86 yesterday. Read more from Benzinga's Company news.
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David Payne named Gannett's Chief Digital Officer
Wednesday, March 16, 2011 - 7:59am | 62David A. Payne has been named senior vice president and chief digital officer of Gannett Co., Inc. (NYSE: GCI), Craig A. Dubow, chairman and chief executive officer, and Gracia C. Martore, president and chief operating officer, jointly announced today. Payne will be a member of the Gannett...
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Maryam Banikarim named Gannett's Chief Marketing Officer
Monday, March 14, 2011 - 9:07am | 66Maryam Banikarim has been named senior vice president and chief marketing officer of Gannett Co., Inc.(NYSE: GCI), a newly created position, Gracia C. Martore, president and chief operating officer announced today. Banikarim will be responsible for all companywide marketing, communications and...
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Nickel Asia Corporation (NIKL) Bound To Drop
Thursday, March 10, 2011 - 2:08pm | 608Nickel Asia Corporation had its initial public offering (IPO) in the Philippine Stock Exchange last November 22 with “NIKL” as its stock code. The stocks had an IPO value of PHP15.00 then went all the way up to PHP23.00 within 3 months. From there on, it started reversing its...
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Does Adding Three US Funds To A Simple Six Asset Portfolio Make a Difference?
Thursday, March 10, 2011 - 12:40pm | 1817We are working through a series of articles to help improve returns for retirement investors. As the first baby boomers prepare for retirement with the financial meltdown still vivid in our minds and emotions we are attempting to build a set of funds that are easy to understand yet have the...
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Apple Q4 Tablet Market Share Down
Thursday, March 10, 2011 - 12:07pm | 315Research firm IDC announced the release of data on tablet shipments for Q4 of 2010 worldwide; Apple's share of the market was at 73%, down from a 93% share in the third quarter. Overall tablet sales more than doubled quarter-to-quarter, moving from 4.5 million in the third quarter to 10.1 million...
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Valassis to Present at the Credit Suisse Global Services Conference March 15
Thursday, March 10, 2011 - 9:33am | 85Valassis (NYSE: VCI), one of the nation's leading media and marketing services companies, announced today that Robert L. Recchia, Valassis Executive Vice President and Chief Financial Officer, will present at the Credit Suisse Global Services Conference on Tuesday, March 15, 2011 at 3:30 p.m....
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J.P. Morgan Maintains Overweight Rating On SSP
Tuesday, March 8, 2011 - 1:43pm | 178J.P. Morgan has published a research report on E.W. Scripps (NYSE: SSP) detailing some of its long-term growth possibilities. In the report, J.P. Morgan said that it is “looking for ongoing modest declines in newspaper revenues, down low-single digits this year, with some margin compression as...