|Bid||39.10 x 900|
|Ask||40.51 x 1100|
|Day's range||38.35 - 39.34|
|52-week range||26.13 - 40.22|
|Beta (5Y monthly)||0.86|
|PE ratio (TTM)||46.15|
|Earnings date||05 Aug 2020 - 10 Aug 2020|
|Forward dividend & yield||0.24 (0.62%)|
|Ex-dividend date||07 Apr 2020|
|1y target est||32.40|
While coronavirus has battered most news media groups, a handful of premium publishers are holding their ground through the tempest. Backed by a subscription model built over the past decade, the New York Times and Wall Street Journal have so far decided against the mass lay-offs and pay cuts that have wracked the majority of their peers, and are even still looking to hire. Will Lewis, another Brit who earlier this month stepped down as chief executive of Dow Jones, the publisher of the WSJ, told the FT that the group was “on a tear” and enjoying an uplift in subscribers that “shows no signs of abating”.
As a security contractor he boasted deep experience across the Middle East, particularly in Lebanon, and had overseen high-stakes kidnapping rescues. In others words, Mike Taylor appeared to have the right skills to help pluck Carlos Ghosn, the former Nissan chief executive, from Japan, where he was embroiled in criminal proceedings, and spirit him to his native Lebanon. Mr Taylor’s purported handiwork as the orchestrator of Mr Ghosn’s daring escape has emerged in recent days, inspiring a sense of awe and wonder around the world at an episode that played out like a James Bond film.
The New York Times will participate in the 48th Annual J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 12.
The New York Times Company's (NYT) digital advertising revenues decrease during first-quarter 2020. Management expects digital advertising revenues to decrease roughly 40-45% in the second quarter.
New York Times (NYT) delivered earnings and revenue surprises of 30.77% and -0.11%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
The New York Times Company (NYSE: NYT) announced today first-quarter 2020 diluted earnings per share from continuing operations of $.20 compared with $.18 in the same period of 2019. Adjusted diluted earnings per share from continuing operations (defined below) was $.17 in the first quarter of 2020 compared with $.20 in the first quarter of 2019.
The New York Times Company (NYT) anticipates total advertising revenues to fall in the first quarter. The company has been grappling with declining print readership and soft advertising revenues.
New York Times (NYT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Facebook Gaming was originally scheduled to be released in June, but the company moved up its plans as coronavirus quarantine keeps people at home, the report said. "Investing in gaming in general has become a priority for us because we see gaming as a form of entertainment that really connects people," the newspaper quoted Fidji Simo, head of the gaming app, as saying. "It's entertainment that's not just a form of passive consumption but entertainment that is interactive and brings people together," Simo said.
NYTCo announced today that its Q1 2020 earnings conference call will be held on Wednesday, May 6 at 8:00 a.m. E.T.
The New York Times Company (NYSE: NYT) announced today a change to the location and format of its 2020 Annual Meeting of Stockholders.
Taiwan Foreign Minister Joseph Wu extended a personal invitation on Saturday for three major U.S. newspapers to station on the island their China-based journalists whose expulsion Beijing has announced. China said on March 18 it was revoking the press accreditations of all American journalists in the China bureaus of the New York Times, Wall Street Journal and Washington Post, which were due to expire at the end of 2020. Beijing also said those affected would not be allowed to work as journalists in the Chinese-run city of Hong Kong.
Audm, a startup that turns longform journalism into audio content, has been acquired by The New York Times Company, it announced this morning. The startup was founded by Ryan Wegner and Christian Brink, both 2007 Columbia grads with backgrounds in psychology and software development, respectively. The two didn't know each other during college, but eventually met up in 2014 when their idea for an audio news app began to come together.
New York Times (NYT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Chief Executive Officer Mark Thompson said it has so far not seen any adverse impact on its subscription growth or on the expected rise in subscription revenue. The publisher reported digital ad revenue of $92.2 million in its fourth quarter, accounting for more than half of the total advertising revenue.
Health officials have reported the second death from the coronavirus in the United States. Late on Sunday (March 1), Washington state reported a man had died in Seattle. They say he was in his 70s and had underlying health conditions. On Sunday (March 1) Washington also reported three new cases. They - and the man who died- were all residents of a nursing facility that had previously reported two further cases. Washington was where the U.S. also recorded its first domestic death from the virus on Saturday (February 29). On the other side of the country, New York Governor Andrew Cuomo announced the state's first case on Sunday (March 1). He says a woman in her 30s who contracted the disease on a recent trip to Iran. Cuomo did not say where she lived, but the New York Times cited unnamed officials who told them the woman was in New York City. Sunday's new cases bring the total coronavirus count in the U.S. to over 70. Meanwhile the Trump administration scrambled to reassure Americans and calm fears in the markets that the virus could spark a recession. Secretary of Health and Human Services Alex Azar appeared on CBS' Face the Nation and said the country is well prepared. (SOUND BITE) (ENGLISH) ALEX AZAR SEC. OF HEALTH AND HUMAN SERVICES, SAYING: "In terms of testing kits, we've already tested over 3,600 people for the virus. We now have the capability in the field to test 75,000 people, and within the next week or two we'll have a radical expansion even beyond that." Democrats have continued to criticize the Trump administration for downplaying the crisis. But Vice President Mike Pence told NBC's Meet the Press that the government has been doing quote, "everything possible" to prevent the virus from spreading.
An iPhone app built by controversial facial recognition startup Clearview AI has been blocked by Apple, effectively banning the app from use. Apple confirmed to TechCrunch that the startup "violated" the terms of its enterprise developer program. Clearview AI has been at the middle of a media — and legal — storm since its public debut in The New York Times last month.
The campaign to re-elect President Donald Trump on Wednesday announced it filed a libel lawsuit against the New York Times, accusing the newspaper of intentionally publishing a false story last year related to the investigation into Russian interference in the 2016 election. The story in question was actually an opinion piece written by former Times executive editor Max Frankel, titled "The Real Trump-Russia Quid Pro Quo". In it, Frankel writes that the Trump campaign and the Kremlin had an overarching deal to "help beat Hillary Clinton for a new pro-Russian foreign policy." (SOUND BITE) (English) U.S. PRESIDENT DONALD TRUMP, SAYING: "The fake news media..." The lawsuit is a major escalation of Trump's long-running battle with the news media. (SOUND BITE) (English) U.S. PRESIDENT DONALD TRUMP, SAYING: "You got a lot of crooked journalists. You're crooked as hell." (SOUND BITE) (English) U.S. PRESIDENT DONALD TRUMP, SAYING: "I'm not concerned about anything with the Russian investigation because it's a hoax. That's enough. Put down the mic." The president has also contended the Times has often been biased against him. (SOUND BITE) (English) U.S. PRESIDENT DONALD TRUMP, SAYING: "New York Times, can you believe? Failing New York Times." Trump campaign officials said the lawsuit was being filed in the New York State Supreme Court. A statement from the campaign said the aim of the litigation was to "hold the news organization accountable for intentionally publishing false statements against President Trump's campaign." In response, The New York Times said: "The Trump campaign has turned to the courts to try to punish an opinion writer for having an opinion they find unacceptable. Fortunately, the law protects the right of Americans to express their judgments and conclusions." Former Special Counsel Robert Mueller's investigation documented Moscow's campaign of hacking and social media propaganda to boost Trump's 2016 candidacy and harm his Democratic opponent Hillary Clinton. (SOUND BITE) (English) U.S. PRESIDENT DONALD TRUMP, SAYING: "It's a Democrat hoax." While Mueller's investigation led to indictments and convictions of several close Trump associates, it found insufficient evidence to show a criminal conspiracy between Trump's team and Russia in its interference on his behalf in the 2016 election. (SOUND BITE) (English) U.S. PRESIDENT DONALD TRUMP, SAYING: "No collusion." It also did not exonerate Trump of obstruction of justice in seeking to impede the investigation but stopped short of concluding the president acted unlawfully.
Boeing said it was cooperating with the U.S Department of Justice investigation. The prosecutors have questioned several Boeing employees in recent months, focusing on whether Mark Forkner, a top pilot at the company, intentionally lied to the regulator about the nature of new flight control software on the jet, according to the report. A lawyer for Forkner did not immediately respond to a Reuters request for comment.
The deputy leader of the Taliban and one of the world's most wanted militants has written an opinion piece for the New York Times in which he says the Afghan insurgents are "fully committed" to a deal with Washington. It is also believed to the first time that Sirajuddin Haqqani -- who doubles as head of the Haqqani network, a US-designated terror group that is one of the most dangerous factions fighting Afghan and US-led NATO forces in Afghanistan -- has given such a lengthy statement in English. The most recent one on a Taliban website was dated June 2017.
The New York Times Company's (NYT) digital advertising revenues decrease during fourth-quarter 2019. Management now expects digital advertising to return to growth by the second half of 2020.