The New York Times Company
(NYT:NYSE)
Snapshot of The New York Times Company (NYT)
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OPEN
$8.86
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PREVIOUS CLOSE
$8.84
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DAY HIGH
$8.86
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DAY LOW
$8.36
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52 WEEK HIGH
10/23/09 - $11.05
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52 WEEK LOW
02/20/09 - $3.44
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MARKET CAP
1.2B
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AVERAGE VOLUME 3 mo
1.7M
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DILUTED EPS TTM
$-0.30
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SHARES OUTSTANDING
143.7M
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EX-DATE
02/19/09
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P/E TTM
NM
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DIVIDEND
--
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DIVIDEND YIELD
0.00%
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| K = Thousands M = Millions B = Billions | |||
BUSINESS EXCHANGE RELATED TOPICThe New York Times Company | |||
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NYT Details
The New York Times Company operates as a diversified media company in the United States. It operates in two segments, News Media and About Group. The News Media segment comprises The New York Times Media Group consisting of The New York Times; NYTimes.com; the International Herald Tribune; and IHT.com. This segment also comprises the New England Media Group, which includes The Boston Globe, Boston.com, and the Worcester Telegram & Gazette; and the Regional Media Group consisting of 15 daily newspapers in Alabama, California, Florida, Louisiana, North Carolina, and South Carolina, as well as related print publication businesses. The About Group segment consists of the Web sites of About.com, ConsumerSearch.com, UCompareHealthCare.com, and Caloriecount.about.com. The company also holds interest in a Canadian newsprint company and a supercalendered paper manufacturing partnership in Maine, as well as publishes a free daily newspaper in the greater Boston area. In addition, The New York Times Company operates an online advertising network that sells targeted display advertising onto local newspaper and other Web sites; owns Boston Red Sox, Fenway Park, and adjacent real estate properties; operates a regional cable sports network that televises the Red Sox game; and owns Roush Fenway Racing, a NASCAR team. The company was founded in 1896 and is headquartered in New York City, New York.
NYT Top Compensated Officers
Key developments for The New York Times Company (NYT)
On October 29, 2009, The New York Times Company announced the retirement of P. Steven Ainsley, the publisher of The Boston Globe and a named executive officer of the Company, at the end of the year.
SunGard Higher Education, The New York Times Company and Epsilen, LLC announced a partnership to help provide more flexible e-learning options to enrich the learning experience. As part of the project, SunGard Higher Education will integrate Epsilen's e-learning environment with its solutions to help institutions offer their constituents Web 2.0 standards-based personal e-learning solutions. The New York Times Company and SunGard Higher Education will offer Epsilen to SunGard Higher Education customers. Epsilen can be implemented as a standalone solution or to augment the functionality of other campus and learning solutions. It is delivered on a Software-as-a-Service (SaaS) basis which provides remote hosting and management. Through its relationship with The New York Times, Epsilen allows teachers and learners to access Times content back to 1851, creating a rich database of articles and information that can be of help for researching and teaching many subjects.
The New York Times Company reported consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported revenues of $570,621,000 against $687,042,000 a year ago. Operating loss was $25,438,000 against $150,444,000 a year ago. Loss from continuing operations before income taxes was $38,968,000 against $155,210,000 a year ago. Loss from continuing operations was $35,735,000 against $114,850,000 a year ago. Net loss attributable to company common stockholders was $35,624,000 or $0.25 diluted loss per share against $106,293,000 or $0.74 diluted loss per share a year ago. Loss from continuing operations attributable to company common stockholders was $35,624,000 or $0.25 diluted loss per share against $114,904,000 or $0.80 diluted loss per share a year ago. In the third quarter, total capital expenditures were approximately $3 million. For the nine months, the company reported revenues of $1,764,128,000 against $2,176,802,000 a year ago. Operating loss was $63,741,000 against $103,974,000 a year ago. Loss from continuing operations before income taxes was $113,486,000 against $124,217,000 a year ago. Loss from continuing operations was $70,840,000 against $93,416,000 a year ago. Net loss attributable to company common stockholders was $71,028,000 or $0.49 diluted loss per share against $85,487,000 or $0.59 diluted loss per share a year ago. Loss from continuing operations attributable to company common stockholders was $71,028,000 or $0.49 diluted loss per share against $93,787,000 or $0.65 diluted loss per share a year ago. Year-to-date capital expenditures totaled approximately $38 million. The company expects capital expenditure to be $60 million for the year 2009.
Stock Quotes
| Recently Viewed | |||
| NYT | $8.65 USD | -0.19 | |
|---|---|---|---|
| LOG (CA) | C$0.08 CAD | 0.00 | |
| YHOO | $15.38 USD | -0.23 | |
| HON | $38.04 USD | -0.21 | |
| SFN | $5.52 USD | +0.07 | |
Market data is delayed at least 20 minutes.
NYT Competitors
| Company | Last | Change |
| Independent News & Media | €0.18 EUR | 0.00 |
| John Wiley and Sons Inc | $37.26 USD | -0.06 |
| Lions Gate Entertainment Corp | $5.08 USD | -0.05 |
| Scholastic Corp | $26.40 USD | -0.17 |
| The McClatchy Co | $2.98 USD | -0.13 |
| View Industry Companies | ||
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | NYT | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.5x |
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| Price/Book | 2.6x |
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| Price/Cash Flow | 13.1x |
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| TEV/Sales | 0.1x |
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NYT |
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NYT transactions
| Type Date |
Target |
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Merger/Acquisition
September 17, 2009 |
-- |
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Private Placement
July 28, 2009 |
LibreDigital, Inc. |
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Merger/Acquisition
July 14, 2009 |
The New York Times Radio Company |
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