Several companies missed profit estimates today, bucking the trend. Here's what it means for the markets....» Read More
Gannett plans to eliminate 1,000 positions from its local newspapers around the U.S. because of declining advertising and circulation revenue, and may cut more if those conditions persist.
In Tuesday’s Web Extra the traders talk about trading obsolescence. Find out how they suggest playing newspapers and DVDs.
Search engine giant Google has taken small steps toward creating and distributing its own cntent, and media companies worry it might become a competitor, the New York Times reports.
As of this morning, 256 (just over 50%) of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Newspapers are breaking records -- and it's not a good thing. A double-digit drop in newspaper ad revenue, the third consecutive year of declines, and record margin contraction makes this the industry's worst year ever. The newspaper industry's ad revenue is down 12 percent this year, on top of last year's already dismal 8 percent drop.
There's no question the newspaper business is in trouble. The question IS: Can Sam Zell, chairman of the Tribune Company, build a profitable business in an industry that's in decline?
David Einhorn, hedge fund manager of Greenlight Capital, has been making waves in the media spotlight recently by eagerly sharing his thoughts on the financial trouble facing Lehman Brothers.
You can't pick your family, but you can pick your stocks. When you’re buying along bloodlines how can you separate the black sheep from the family jewels?
The newspaper industry's twice-yearly circulation report has arrived, and it is not a pretty picture overall. There was expectation that total circulation could drop 2.5 percent, and perhaps as much as 3.5 percent.
Media companies, like the New York Times Company and News Corp, are facing a new set of challenges, and CNBC's Julia Boorstin takes an in-depth look.
Today the New York Times Company held its annual shareholder meeting. With shareholders concerned about the company's earnings miss, company chairman Arthur Sulzberger Jr. tried to convince shareholders that the company is becoming as sleek and modern as the wood, steel, glass and tangerine-colored walls they'd passed through to hear his remarks...
As of this morning, 143 (just under 30%) of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
Existing home sales data and major earnings from McDonald's, AT&T, and Dupont, among others, will play a key role in driving stocks after Monday's slow drift in the market.
M&A action might be fairly quiet right now but speculation about the next takeover target remains as strong as ever. So, what’s fact and what’s fiction?
New York City Mayor Michael Bloomberg said on Monday he is not entering the newspaper business, after media reports said he could be a possible suitor for New York Times.
The New York Times Company posted a $335,000 loss for the first quarter--a dramatic drop from the $23 million profit the company earned in the year-ago-quarter and missing Wall Street estimates.
Millions of Americans may be facing the prospect of losing their homes, but a handful of fund managers have become the best paid in their industry -- taking home 10-figure paychecks last year -- by betting against mortgages.
Needless to say, the newspaper business is struggling with declining ad revenues and circulation. Just look at the stock charts for the New York Times Company or Gannett. The big challenge for all these companies---including Tribune, now controlled by billionaire Sam Zell and Dow Jones, now owned by the Wall Street Journal, is growing the business of newspapers...
How do you profit as the business of print starts to perish?