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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: steve harris who wrote (284063)	4/14/2006 10:51:45 AM
From: Taro	Read Replies (2) \| Respond to of 1573901

Not that secret, at least Ted I know because once I tried to send him a PM. Well, he missed some highly profitable info on that one. Taro

To: steve harris who wrote (284063)	4/14/2006 10:53:19 AM
From: paret	Read Replies (1) \| Respond to of 1573901

N.Y. TIMES LEADS NEWSPAPER $HORTFALLS By PAUL THARP NY POST nypost.com April 14, 2006 -- The New York Times is leading the widening slump in the nation's newspaper profits due to rising paper costs and shrinking advertising deals. The Times, Newsday parent Tribune Co., and McClatchy Co. - which is buying the Miami Herald and its Knight Kidder parent - yesterday reported lower quarterly earnings. The weak earnings came just a day following a similar gloomy report from the nation's largest group, Gannett, whose papers include USA Today. Analysts say newspapers are pressured by circulation declines, higher costs and loss of ad dollars to the Internet and other new media. The Times, publisher of the Boston Globe and International Herald Tribune, said profits fell to $35 million, or 24 cents a share, from $111 million, or 76 cents a share, a year earlier. At the McClatchy group, which is paying $4.5 billion for the Knight Ridder papers, profits fell 14 percent to $27.7 million, or 59 cents a share, from $32.3 million, or 69 cents a share, a year earlier. Profits at Tribune Co., which has cut jobs at its Newsday and other papers, plunged by 28 percent to $103 million, or 44 cents a share, while revenue fell 1 percent to $1.3 billion. All three publishers highlighted the strength of their own Internet businesses. The New York Times said revenue at its About.com site rose 98 percent since it acquired the site a year ago, but still accounted for only 7.5 percent of total revenue. Shares of Tribune were up 22 cents, or 0.8 percent, at $28.24. New York Times rose 17 cents, or 0.7 percent, to $25.39, while McClatchy fell $1.95, or 4.1 percent, to $46.05. Gannett said on Wednesday that profit fell 11 percent on stock-options expenses and a 14 percent rise in newsprint costs, while circulation of USA Today dropped 4.2 percent. Gannett trimmed 1,200 jobs or 5 percent of its payroll to offset rising expenses. Journal Register Co., the publisher of 27 daily newspapers including Connecticut's New Haven Register, yesterday said revenue fell 2.2 percent to $129.6 million, with profits plunging 76 percent to $1.77 million, or 4 cents a share.