Thu, May 23, 2013, 1:43 PM EDT - U.S. Markets close in 2 hrs 17 mins
NYT has seen some big gains recently -- anyone want to speculate as to why?
The cost of newsprint has gone down after they built a pricing schedule around high newprint costs, therefore, bigger profits.They are no longer pumping millions into Edison and College Point plants - they are now producing product.Color commands higher advertising revenue.They have increased dividends three times this year and have moved from the AMEX to the NYSE.These are the only things off the top of my head.
You seem to know a lot. Do you work for the Times?