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November 22, 2009 1:19 PM ET

The New York Times Company

(NYT:NYSE)

LAST $8.65 USD
CHANGE TODAY -0.19 -2.15%
VOLUME 1.0M
As of 4:01 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of The New York Times Company (NYT)

OPEN
$8.86
PREVIOUS CLOSE
$8.84
DAY HIGH
$8.86
DAY LOW
$8.36
52 WEEK HIGH
10/23/09 - $11.05
52 WEEK LOW
02/20/09 - $3.44
MARKET CAP
1.2B
AVERAGE VOLUME 3 mo
1.7M
DILUTED EPS TTM
$-0.30
SHARES OUTSTANDING
143.7M
EX-DATE
02/19/09
P/E TTM
NM
DIVIDEND
--
DIVIDEND YIELD
0.00%
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.

9,346 Employees
Founded in 1896

NYT Top Compensated Officers

Chief Executive Officer, President, Executive...
Age: 58
Total Annual Compensation: $1.0M
Chairman and Publisher of The Times
Age: 57
Total Annual Compensation: $1.1M
Vice Chairman, Member of Foundation Committee...
Age: 59
Total Annual Compensation: $648.9K
President of Times and General Manager of Tim...
Age: 58
Total Annual Compensation: $540.8K
Publisher of The Boston Globe and Head of New...
Age: 56
Total Annual Compensation: $500.0K
Compensation as of Fiscal Year 2008.

Key developments for The New York Times Company (NYT)

The New York Times News Service to Cut at Least 25 Editorial Employees

The New York Times News Service will lay off at least 25 editorial employees next year and will move the editing of the service to a Florida newspaper owned by The New York Times Company. The layoffs do not count toward the planned elimination of 100 jobs in The New York Times newsroom. That 8% reduction is to take effect by the end of the year. 25 of 30 news service jobs would be eliminated at the main office in New York, with five employees retaining their positions. The guild put the number of jobs to be cut at 28. Some of the layoffs were scheduled for February and the rest for May.

The New York Times Company Announces Retirement of Steven Ainsley as Executive Officer of the Company at the End of the Year

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 Collaborate to Support Advances in e-Learning

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.

Stock Quotes

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NYT $8.65 USD -0.19
TNT (NL) €19.75 EUR +0.02
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LEE $3.81 USD -0.02
ORCL $22.34 USD -0.05

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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
Price/Book 2.6x
Price/Cash Flow 13.1x
TEV/Sales 0.1x

NYT

 | 

NYT transactions

Type
Date
Target
Merger/Acquisition
September 17, 2009
--
Private Placement
July 28, 2009
LibreDigital, Inc.
Merger/Acquisition
July 14, 2009
The New York Times Radio Company
View More NYT Transactions...

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