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Lousy times, but high yields for newspapers

Comments   1   Date Arrow  October 17, 2007 at 9:08pm   User  by garyjacobson

The stock of The New York Times Co. hit a 10-year low Wednesday as one of its major institutional holders unloaded shares.
At the close of trading the dividend yield on NYT was 4.98 percent, according to Google Finance. You can’t get rates like that for savings at many banks or money funds.
And the Times wasn’t […]

Tagged   Advertising · New York Times · Publishing · Newspapers · Media · BusinessComments  Add Your Comment

Stalking Countrywide’s Mozilo

Comments   0   Date Arrow  October 1, 2007 at 8:44pm   User  by garyjacobson

It’s one thing to have some shareholders, bloggers and newspaper reporters after you.
But it’s quite another when a featured columnist on The New York Times op-ed page takes aim.
Under the headline “Enron’s second Coming?” Paul Krugman lambasted Countrywide Financial CEO Angelo Mozilo Monday, saying that a big lesson from the “housing mess” is that the […]

Tagged   Countrywide · New York Times · Subprime · Mortgage · Campaign '08 · Politics · BusinessComments  Add Your Comment

Fred Wilson agrees with NYT

Comments   0   Date Arrow  July 8, 2007 at 1:26pm   User  by garyjacobson

The New York Times editorial calling for the U.S. to leave Iraq ASAP, generated comment in all the expected places Sunday and one place, perhaps, not so expected: venture capitalist Fred Wilson’s blog.
“I agree with the editorial,” Wilson wrote. “Bush would love to wait and hand off the mess to the next President, but that’s […]

Tagged   New York Times · Politics · Campaign '08 · Startups · BusinessComments  Add Your Comment


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