Thursday, June 22, 2006

US - New York Times continues steep decline

CNN reports on the steep decline of the New York Times.

"But shares of the New York Times (Charts) have underperformed its peers, falling 11.5 percent this year and 27 percent in the past 12 months, compared to a 3.5 percent drop in 2006 for the S&P Publishing index and 8 percent decline during the past 12 months."

Not surprising given the New York Times credibility problems.

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