New York Times Co
NYT:NYSE
| Last | Change / % Change | Dividend Yield | Volume | Avg Volume (10 day) |
| 12.02 | -0.06 -0.50% | 0.00% | 962,417 | 1.5M |
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Latest News Headlines for New York Times Co
The New York Times Company Agrees to Sell Its New England Media Group to John W. Henry
NEW YORK--(BUSINESS WIRE)--August 03, 2013--
The New York Times Company (NYSE: NYT) has entered into an agreement to sell its New England Media Group to an acquisition company owned by John W. Henry, the principal owner of Fenway Sports Group, for $70 million in cash, subject to customary adjustments. The all-cash transaction is expected to close in 30 to 60 days. The company intends to use the net proceeds for general corporate purposes.
The New York Times Company Reports 2013 -4-
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Operating
costs before
depreciation
&
amortization
and
severance 407,608 420,970 -3.2% 823,126 847,525 -2.9%
The New York Times Company Reports 2013 -3-
View more recent headlines
Real Estate 9,309 -13.9% 17,760 -14.5%
Automotive 5,275 -4.4% 10,515 -7.2%
Other 6,948 -1.3% 14,265 -1.6%
Company Background
The New York Times Company is a global, multimedia news and information company that includes newspapers, digital businesses, investments in paper mills and other investments. As of December 30, 2012, the Company had two divisions, which included the New York Times Media Group, which includes The New York Times (The Times), the International Herald Tribune (the IHT), NYTimes.com and related businesses and the New England Media Group, which includes The Boston Globe (the Globe), BostonGlobe.com, Boston.com, the Worcester Telegram & Gazette (the T&G;), Telegram.com and related businesses. On September 24, 2012, it completed the sale of the About Group, consisting of About.com, ConsumerSearch.com, CalorieCount.com and related businesses, to IAC/InterActiveCorp.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 12.06 | Previous Close 12.08 |
Day High 12.10 | Day Low 11.94 |
52wk High/Date 12.84 / 7/12/2013 | 52wk Low/Date 7.72 / 11/16/2012 |
% off 52wk High -6.39% | % off 52wk Low 55.70% |
Beta (5 Yr) 1.7 | Market Capitalization 1.8B |
Shares Outstanding 148.9M | Volatility Avg 39.06 |
EPS(TTM) 0.88 | P/E Ratio 13.6 |
Dividend Announcement -- | Dividend Yield 0.00% |
Ex-Date -- | Date of Record -- |
Payable 0.00 - -- | Payable Date -- |
Last Trade as of 8/7/2013 4:02 PM ET | |
NYT New York Times Co vs. Peers
| Peers | |
|---|---|
NYT New York Times Co | 41.62% |
Google Inc | 26.75% |
Twenty-First Century Fox Inc | 38.65% |
Time Warner Inc | 33.97% |
NYT New York Times Co | 0.00% |
Google Inc | -- |
Twenty-First Century Fox Inc | 0.54% |
Time Warner Inc | 1.79% |
NYT New York Times Co | -0.50% |
Google Inc | -0.66% |
Twenty-First Century Fox Inc | 1.86% |
Time Warner Inc | -0.37% |