WE DON'T READ the BLOGS, huh, shitter press?
This is what happens when you PUSH LIES, shovelers!!!!!!!!!!
That's why BLOGS are KICKING YOUR ASS!!!!!!!!!
"Times Co. executives address concerns"
"by Reuters | March 12, 2008
Nothing is sacred except the flagship newspaper, New York Times Co. executives said yesterday, addressing investor concerns over a sluggish share price and calls by an investor group to sell noncore assets such as The Boston Globe.
But they JUST BOUGHT 'EM LAST YEAR!!!!
What happened?
The Boston Globe Joins the New York Times and Washington Post in the Crapper
Times Co. stock has sunk 35 percent since a high last June, and the media company now faces a proxy battle by dissident shareholders Harbinger Capital Partners and Firebrand Partners, who aim to push the company to invest more in digital businesses.
Wall Street analysts and sources familiar with the dissident investor group's thinking have identified the Globe, the estimated $1 billion New York Times building in Times Square, and a collection of regional newspapers as possible candidates for a sale. But some analysts say the company has already taken steps in the right direction and that asset sales might add little shareholder value.
Speaking at the annual Bear Stearns media conference in Florida yesterday, Times Co. chief financial officer James Follo said, "We are not married to any one asset other than probably The New York Times newspaper." In addition he said, "We're not going to do a deal unless we think the valuation is right."
Translation: Always gonna have that lead government and Zionist mouthpiece.
Always!
In response to questions about selling the Globe, Times Co. chief executive Janet Robinson said: "Anybody evaluating a divestiture needs to keep in mind the market for newspapers as well as the low tax base of our assets like the Globe."
She added the company routinely evaluates its portfolio of businesses, which also includes a stake in the Boston Red Sox, the International Herald Tribune, and Web information site About.com. Times Co. shares rose $1.38 to $18.60 in New York stock exchange trading yesterday.
Ross Kerber of the Globe staff contributed to this report."At least those stock shares went up, although I wonder how much longer Mr. Kerber here will be employed at the Globe -- which, by the way, CAN'T EVEN GET the SPORTS RIGHT!!!!
