NY Times Co. 'Moving in Right Direction', Or Are They?
The New York Times Company's stock soared today as it was announced that the Old Gray Lady has exceeded third quarter expectations by raking in $80.6 million, a 30% increase from 2008. The company, which includes other properties like the Boston Globe and About.com, opened a full dollar higher than where it closed yesterday and increased steadily all day to $10.72 a share for a 22.5% growth. In a letter to employees, Times...
