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New York Times Co (NYT.N)

NYT.N on New York Stock Exchange

26.30USD
16 Nov 2018
Change (% chg)

$-0.20 (-0.75%)
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$26.50
Open
$26.23
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$25.89
Volume
395,042
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456,097
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$28.72
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$17.25

Latest Key Developments (Source: Significant Developments)

New York Times Reports Q3 Earnings Per Share $0.15 From Continuing Operations
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - New York Times Co ::THE NEW YORK TIMES COMPANY REPORTS 2018 THIRD-QUARTER RESULTS.Q3 EARNINGS PER SHARE $0.15 FROM CONTINUING OPERATIONS.Q3 ADJUSTED EARNINGS PER SHARE $0.15 FROM CONTINUING OPERATIONS.TOTAL REVENUES FOR Q3 OF 2018 INCREASED 8.2 PERCENT TO $417.3 MILLION FROM $385.6 MILLION.TOTAL SUBSCRIPTION REVENUES IN Q4 OF 2018 ARE EXPECTED TO DECREASE IN LOW TO MID-SINGLE DIGITS.THIS QUARTER, SUBSCRIPTION REVENUES ACCOUNTED FOR NEARLY TWO-THIRDS OF COMPANY'S REVENUES.TOTAL ADVERTISING REVENUES IN Q4 OF 2018 ARE EXPECTED TO DECREASE IN MID-SINGLE DIGITS.NEW YORK TIMES - PAID DIGITAL-ONLY SUBSCRIPTIONS TOTALED ABOUT 3,095,000 AT END OF Q3, A NET INCREASE OF 203,000 SUBSCRIPTIONS COMPARED WITH END OF Q2.Q3 DIGITAL ADVERTISING UP 17 PERCENT AND GROWTH OF 7 PERCENT IN TOTAL ADVERTISING.Q3 REVENUE VIEW $408.5 MILLION -- THOMSON REUTERS I/B/E/S.OTHER REVENUES IN Q4 OF 2018 ARE EXPECTED TO INCREASE APPROXIMATELY 40 PERCENT.ON A COMPARABLE 13-WEEK BASIS, TOTAL SUBSCRIPTION REVENUES IN Q4 OF 2018 ARE EXPECTED TO INCREASE IN MID-SINGLE DIGITS.ON A COMPARABLE 13-WEEK BASIS, TOTAL ADVERTISING REVENUES IN Q4 ARE EXPECTED TO BE APPROXIMATELY FLAT.  Full Article

Apple Is Talking To Big Newspapers About Joining Its Subscription Service - Recode
Friday, 7 Sep 2018 

Sept 7 (Reuters) - :APPLE IS TALKING TO BIG NEWSPAPERS ABOUT JOINING ITS SUBSCRIPTION SERVICE - RECODE.APPLE EXECUTIVES HAVE REACHED OUT TO THE NEW YORK TIMES, THE WALL STREET JOURNAL AND THE WASHINGTON POST ABOUT JOINING THE APP - RECODE.  Full Article

New York Times Sets Regular Quarterly Dividend Of $0.04 Per Share
Thursday, 28 Jun 2018 

June 28 (Reuters) - New York Times Co ::SETS REGULAR QUARTERLY DIVIDEND OF $0.04PER SHARE.  Full Article

The New York Times Company Appoints Roland Caputo As New CFO
Thursday, 26 Apr 2018 

April 26 (Reuters) - New York Times Co ::THE NEW YORK TIMES COMPANY APPOINTS ROLAND A. CAPUTO AS NEW CHIEF FINANCIAL OFFICER.NEW YORK TIMES CO - CAPUTO'S APPOINTMENT IS EFFECTIVE ON APRIL 30, 2018.NEW YORK TIMES CO - CAPUTO WILL CONTINUE TO OVERSEE PRINT PRODUCTS AND SERVICES GROUP AS CFO.NEW YORK TIMES CO - CAPUTO REPLACES JIM FOLLO, WHO RETIRED FROM TIMES COMPANY IN FEBRUARY 2018.  Full Article

New York Times Co Says Inversora Carso Reports Open Market Sale Of 360,000 Shares
Wednesday, 18 Apr 2018 

April 18 (Reuters) - New York Times Co ::NEW YORK TIMES CO SAYS INVERSORA CARSO REPORTS OPEN MARKET SALE OF 360,000 SHARES AT $22.90/SHARE ON APRIL 16 - SEC FILING.  Full Article

New York Times Sets Regular Quarterly Dividend Of $0.04 Per Share
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - New York Times Co ::SETS REGULAR QUARTERLY DIVIDEND OF $0.04 PER SHARE ON CO'S CLASS A AND CLASS B COMMON STOCK.  Full Article

New York Times says Publisher Arthur Sulzberger Jr. Will Retire On Dec 31
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - New York Times Co ::NEW YORK TIMES CO - ARTHUR O. SULZBERGER, JR. WILL RETIRE AS PUBLISHER ON DECEMBER 31, 2017​.NEW YORK TIMES CO - DEPUTY PUBLISHER A.G. SULZBERGER WILL BECOME PUBLISHER OF NEW YORK TIMES ON JANUARY 1, 2018.NEW YORK TIMES CO - ARTHUR O. SULZBERGER, JR. WILL CONTINUE TO SERVE AS CHAIRMAN OF COMPANY'S BOARD OF DIRECTORS.  Full Article

New York Times Co reports Q3 earnings per share of $0.20 from continuing operations
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - New York Times Co :The New York Times Company reports 2017 third-quarter results.Q3 earnings per share $0.20 from continuing operations.Q3 earnings per share view $0.08 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $0.13 from continuing operations.Q3 adjusted earnings per share $0.13.New York Times co qtrly total revenue $‍385.6 million, up 6.1 percent.New York Times - Q3 results included $30.1 million gain from joint ventures related to sale of remaining assets of Madison Paper Industries.New York Times Co- total subscription revenues in Q4 of 2017 are expected to increase in high-teens compared to Q4 of 2016​.New York Times Co- ‍total advertising revenues in Q4 of 2017 are expected to decrease in high single-digits compared with Q4 of 2016​.New York Times - ‍paid digital-only subscriptions totaled about 2.49 million at Q3-end, net increase of 154,000 subscriptions versus Q2​-end.New York Times Co - qtrly subscription revenue $246.6 million versus $217.1 million ‍​.New York Times Co - qtrly advertising revenue $113.6 million versus $124.9 mln‍​.New York Times Co - sees ‍2017 capital expenditures on a pre-tax basis $90 million to $95 million​.New York Times - ‍excluding impact of additional week, total subscription revenue in Q4 expected to increase about 10 percent compared to Q4 of 2016​.New York Times - ‍excluding impact of additional week, total advertising revenue in Q4 expected to decrease in low double-digits compared with Q4 of 2016​.  Full Article

New York Times CEO James Follo to retire in early 2018
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - New York Times Co :New York Times Chief Financial Officer James Follo to retire in early 2018.New York Times Co - ‍Will retain a leading executive search firm to help identify follo's successor​.‍Company will retain a executive search firm to help identify follo's successor​.  Full Article

New York Times enters agreements with Massachusetts Mutual Life Insurance
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - New York Times Co :New York Times - ‍on Oct 18, entered agreements with Massachusetts Mutual Life Insurance Co relating to two of cos pension plans - SEC filing​.New York Times Co - ‍under agreements, company will purchase from MassMutual group annuity contracts with respect to pension plans​.New York Times- ‍under deals, co to also transfer to MassMutual future benefit obligations, annuity administration for some retirees under pension plans​.New York Times - ‍by transferring obligations to MassMutual, co expects to reduce its qualified pension plan obligations by about $225 million​.New York Times Co - ‍purchase of group annuity contracts is being funded through existing assets of pension plans​.New York Times - ‍as result of agreements, co expects to recognize a pension settlement charge of about $95 million before tax in Q4 of 2017​.New York Times Co - ‍on oct 20, made a $100 million discretionary contribution to pension plans, funded by cash on hand​.  Full Article

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Failing? No, says New York Times after online boost

The New York Times Co , assailed by a U.S. president who brands it as "failing," signed up more than 200,000 paying online subscribers in the third quarter, helping it top Wall Street estimates for both profit and revenue.