Research shows that despite their high profile, the young rich are a minority and the wealthy are actually getting older., The NY Times reports.» Read More
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?
A dissident shareholders group of the New York Times raised its stake to 19.03 percent, according to a U.S. regulatory filing, nearing the equity value its controlling family holds.
An investment firm seeking board seats at New York Times disclosed Thursday that it has increased its stake in the company again, to 15.6%.
U.S. stocks fell deeper into the red Thursday after Federal Reserve Chairman Ben Bernanke told Congress that economic growth would be "sluggish" at best in the near term.
The print newspaper business has problems--declining ad revenue, transitioning to the digital future. Just look at the stock price of the New York Times over the past year--ouch! Well now a hedge fund manager--Firebrand Capital's Scott Galloway--who owns a significant stake in NYT stock is pushing to make some changes.
Economic concerns are making Wall Street nervous about the media sector. Today analysts at Goldman Sachs and Sanford Bernstein issued negative reports on the broad media sector. GS's Anthony Noto reduced estimates across communications, media and entertainment sectors.
U.S. newspaper publishers limped through their first week of earnings without offering any signs of when a slump in advertising revenue, exacerbated by the poor housing market, may end.
The stock has just about doubled this year, thanks to a commodities boom and growing demand for copper in that awakening Asian giant. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
New York Times shares fell about 3 percent on a CNBC report that Morgan Stanley may be selling 10 million shares of the company.
News Corp chief Rupert Murdoch on Tuesday sketched out early plans for Dow Jones, saying he leaned toward making the online Wall Street Journal free but had not yet made a decision.
Media empire builder Rupert Murdoch covets Dow Jones for its editorial content and clout rather than any extra dollars the acquisition would add to News Corp.'s bottom line, CNBC's Julia Boorstin reports.
Wyeth, Martha Stewart, NYSE and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Here's our Fast Money Final Trade. Our gang gives you Monday's best trades, right now!
Tribune shareholders on Tuesday approved a proposed $8.2 billion buyout of the newspaper publisher and broadcaster by real estate tycoon Sam Zell.
The New York Times may be the paper of record, it might have earned the title 'Gray Lady,' but it cannot escape the changing times. I'm not talking about the fact that that print publications across the board are suffering ad revenue declines and subscription dips.
Rupert Murdoch's deal to buy Dow Jones won support on Wednesday in the editorial pages of his long-coveted Wall Street Journal, which defended its new boss and tasked him with upholding more than a century of journalistic principle.
Telephone-directory company R.H. Donnelley clinched a deal for Web-based marketing directory Business.com Inc. for between $340 million and $360 million, the Wall Street Journal Online reported on Thursday.
Family control of a publicly traded company is increasingly coming under attack. But the dual classes of stock that allow a family to maintain control without holding a majority stake probably won't disappear anytime soon, financial experts say.