At Least There Are Some Consequencs
To the media bias and corruption.
NEW YORK (AP) - New York Times Co. says its second-quarter earnings fell 82 percent from the year-ago quarter boosted by a one-time gain. Meanwhile, print advertising revenue continued to shrink.
The New York-based newspaper publisher says its quarterly net income dropped to $21.1 million, or 15 cents per share, which included 11 cents per share in buyout costs.
Analysts polled by Thomson Financial expected income of 22 cents per share in the latest quarter. Analyst estimates typically exclude special items.
Revenue dropped 6 percent to $741.9 million, missing the average Wall Street estimate for $754 million. Ad revenue slipped down 11 percent, hurt mostly by fewer classified ads.
Chief Executive Janet Robinson says business was hurt by the "U.S. economic slowdown and secular forces playing out across the media industry."
Those "secular forces" would be the Times' far left wing bias. I do have a question, if the U.S. economic slowdown is really happening why is my business up 7% year over year? Just because the democrat run media repeats something time after time doesn't make it true. I can say I look just like Brad Pitt, I can say it every day.......but believe me I don't look a thing like Brad Pitt. It is sad that the media can lie every day about the economy and no one calls them on it.
NEW YORK (AP) - New York Times Co. says its second-quarter earnings fell 82 percent from the year-ago quarter boosted by a one-time gain. Meanwhile, print advertising revenue continued to shrink.
The New York-based newspaper publisher says its quarterly net income dropped to $21.1 million, or 15 cents per share, which included 11 cents per share in buyout costs.
Analysts polled by Thomson Financial expected income of 22 cents per share in the latest quarter. Analyst estimates typically exclude special items.
Revenue dropped 6 percent to $741.9 million, missing the average Wall Street estimate for $754 million. Ad revenue slipped down 11 percent, hurt mostly by fewer classified ads.
Chief Executive Janet Robinson says business was hurt by the "U.S. economic slowdown and secular forces playing out across the media industry."
Those "secular forces" would be the Times' far left wing bias. I do have a question, if the U.S. economic slowdown is really happening why is my business up 7% year over year? Just because the democrat run media repeats something time after time doesn't make it true. I can say I look just like Brad Pitt, I can say it every day.......but believe me I don't look a thing like Brad Pitt. It is sad that the media can lie every day about the economy and no one calls them on it.
posted by Capitalist Infidel at Friday, July 25, 2008
4 Comments:
Don't know why New York Times talks about losing money. Gas prices affect the poor and the elderly more than the wealthy, same goes for food. We always have poor among us, always have and always will. That's the cycle of life. I bet you look better than Brad Pitt.
I agree with Jane and as for looking like Brad Pitt, I would say you would be quite an improvement over Pitt.
It's wonderful that your business is doing well. However, the
Bush administration gave a stimulus package to "stimulate growth" in the economy. Someone should tell the president we don't need any stimulation if everything is going so well. The housing market sounds rather bad. I don't know about everyone but there may be a grain of truth in the "downturn of the economy" when our president is concerned.
I've been hit in the wallet lately.
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