NEW YORK, Oct 23 (Reuters) - Standard & Poor's on Thursday slashed its ratings on the New York Times Co (NYT.N: Quote, Profile, Research, Stock Buzz) into junk territory and cited concerns about the newspaper publisher's revenue outlook, after it posted a third-quarter loss. ...SNIP... It cut the Times' rating three notches to "BB-minus," three levels below investment grade, from "BBB-minus." The outlook is negative, indicating an additional cut may be likely over the next one-to-two years.