Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $9,833
12%  
Woo hoo!! And now less than $4k to reach 13,500 by the end of Jan 15th!! Thank you all very much!! God bless.

Keyword: mediafreefall

Brevity: Headers | « Text »
  • New York Times profit drops 52%

    10/20/2005 9:29:21 AM PDT · by Halfmanhalfamazing · 40 replies · 1,518+ views
    Market Watch ^ | Oct. 19, 2005 | David B. Wilkerson
    SAN FRANCISCO (MarketWatch) -- New York Times Co. on Wednesday reported a 52% decline in third-quarter profit due to expenses related to job cuts announced earlier this year, as well as ongoing advertising weakness at its New England media properties. New York Times said it took a pretax charge of $12.4 million related to a plan announced in May to eliminate about 200 positions. On an after-tax basis, the charge was $7.5 million, or 5 cents a share. Including the charge, net income plunged to $23.1 million, or 16 cents a share, compared with a profit of $48.3 million or...