An Associated [with terrorists] Press story, "Newspaper Stocks Fall After Analyst's Warning on Profits" notes that some, ah, disturbing losses.
Shares of Gannett Co. . . . shed 8 cents to $58.99.
Shares of Dow Jones & Co. . ..were flat at $34.44
Shares of Tribune Co. . . . slumped 13 cents to $31.65
New York Times Co.,. . . dropped 26 cents to $23.64
News Corp. . . . fell 31 cents to $21.11
Media General Inc., . . . added 11 cents to $36.46
McClatchy Co.,. . . , tumbled 30 cents to $41.10
EW Scripps, . . . lost 10 cents to $48.33
Notice the descriptions. The biggest loser is News Corp (fell) while McClatchy (tumbled), but you'd think the New York Times (dropped), would have been described as "slumped" at least. The AP reserves that for the hated Tribune Co.
Tuesday, November 28, 2006
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