Edward Atorino News
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The spinoff of Time Inc. to create the world’s largest publicly traded magazine publisher may be just the beginning of deals for the owner of People and Sports Illustrated.
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New York Times Co., the newspaper publisher controlled by the Ochs-Sulzberger family, posted fourth-quarter profit that beat analysts’ estimates as its advertising decline slowed and online readership grew.
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New York Times Co., after losing $7 billion in market value since 1999 amid plummeting industry advertising sales, is better positioned than ever to go private as Mark Thompson takes the reins.
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The U.S. Justice Department is probing Moody’s Investors Service and Standard & Poor’s over ratings of mortgage-backed securities, according to three former employees who said they were interviewed by investigators.
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Moody’s Corp. , whose founder John Moody created credit ratings more than a century ago, gained the most in more than a year after boosting its forecast for 2010 earnings for the second time in three months.
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Washington Post Co. risks costing shareholders a 71 percent gain by keeping together its 134-year- old newspaper, Kaplan education business and broadcast and cable operations.
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The New York Times newspaper, hit by ad declines that have dragged down the entire industry, will make more money this year from subscriptions than advertising for the first time, offering the promise of a return to growth.
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New York Times Co. incoming Chief Executive Officer Mark Thompson is going public to defend his leadership at the British Broadcasting Corp. amid calls for the newspaper company to reevaluate its CEO choice.
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European Union regulators may push for joint bond sales by euro-area nations to help contain the debt crisis, putting pressure on Germany to drop its opposition.
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New York Times Co. said it will begin charging readers who don’t subscribe to its namesake newspaper on Mar. 28 for content on the publication’s website.
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