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Word From Ned Dougherty Nov 1, 2010 In 1982 Ned Dougherty survived a transformational Near Death Experience. Ever since he’s been receiving messages that have great relevance to today’s events with the latest being of special relevance to children and the young More ...
Nick Kollerstrom: The Jaguar at Luton Not many will believe that an Al-Qaeda operative drives a Jaguar. Especially one who acts as a ‘minder’ to four unwitting ‘patsies’. But as we shall see, on 7/7 there is evidence of just such a ‘minder’ guiding four ‘patsies’ to their deaths More ...
Richard C. Cook: Heaven and Hell on Earth Under the delusion of ego, the controllers believe they are God. This is the definition of “Satanic” and points to the original rebellion of “the one who fell.” This Fall opened the door in turn to the Fall of Man More ...
Printer friendly version Posted 24/03/2006 Email this article to a friend

Negative Report on Newspapers' Revenue Trends From Goldman Sachs

Editor and Publisher – March 22, 2006

Goldman Sachs issued a pessimistic report on newspapers' revenue trends this afternoon in the wake of The New York Times February numbers announced earlier today.

It reads in full: "We believe the February revenue report from The New York Times Co. illustrates the continued difficulty in the operating environment for newspaper publishers. Consistent with our expectations, ad revenue growth remains anemic, particularly in the New England Media Group (where ad revenue dropped 12% in February), and cost pressure continues to hurt profitability, evidenced by an EPS guidance range that implies margin contraction.

"Bottom line: The industry continues to face a very challenging ad revenue backdrop and cost pressures, leading to a downward bias in estimate revisions. We are trimming our NYT estimates. We continue to recommend an underweight position in the newspaper group."
www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1002234716

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Last updated 26/03/2006

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