Key Developments: New York Times Co (NYT)

NYT on New York Consolidated

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26 Dec 2014
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Latest Key Developments (Source: Significant Developments)

New York Times Company declares regular quarterly dividend
Thursday, 18 Dec 2014 04:52pm EST 

New York Times Co:Declares regular quarterly dividend of $.04 per share on the Company's Class A and Class B common stock.Dividend is payable on Jan. 29, 2015, to shareholders of record as of the close of business on Jan. 14, 2015.  Full Article

New York Times Co declares regular quarterly dividend
Thursday, 18 Sep 2014 04:02pm EDT 

New York Times Co:Declares a regular quarterly dividend of $.04 per share on the Company's Class A and Class B common stock.Payable on Oct. 23 , to shareholders of record on Oct. 8.  Full Article

New York Times Co declares regular quarterly dividend
Thursday, 19 Jun 2014 04:57pm EDT 

New York Times Co:Declare regular quarterly dividend of $.04 per share on the Company's Class A and Class B common stock.Dividend is payable on July 31, 2014, to shareholders of record as of the close of business on July 17, 2014.  Full Article

New York Times Co declares regular quarterly dividend
Thursday, 20 Feb 2014 05:14pm EST 

New York Times Co:Declares a regular quarterly dividend of $.04 per share on the company's Class A and Class B common stock.Payable on April 24, to shareholders of record as of the close of business on April 9.  Full Article

New York Times Co declares regular quarterly dividend
Thursday, 12 Dec 2013 05:04pm EST 

New York Times Co:Declares a regular quarterly dividend of $.04 per share on the company`s Class A and Class B common stock.Says the dividend is payable on Jan. 30, 2014, to shareholders of record as of the close of business on Jan. 15, 2014.  Full Article

New York Times Co Closes Sale Of Boston Globe-Reuters
Thursday, 24 Oct 2013 05:46pm EDT 

Reuters reported that The New York Times Co said on October 24, 2013 it had closed the sale of The Boston Globe to Boston Red Sox owner John Henry after a Massachusetts judge lifted a temporary injunction halting the deal. Henry agreed to buy the Globe and its sister newspaper, the Worcester Telegram & Gazette, for $70 million. A Massachusetts judge halted the close of the sale because it could complicate a pending class-action lawsuit against the Telegram & Gazette filed by the newspaper carriers. According to a report in The New York Times, the judge said the deal could move forward because the Times said how much each asset was worth and agreed to place that amount in escrow.  Full Article

New York Times Co Comments On Q3 2013 Guidance - Conference Call
Thursday, 26 Sep 2013 10:30am EDT 

New York Times Co announced that for the third quarter of 2013, it expect slight overall revenue growth from continued operations, low to mid single-digit growth in operating profit, and in operating profit excluding depreciation, amortization, and severance. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $447.50 million and operating profit of $7.27 million for the third quarter of 2013.  Full Article

New York Times Co Initiates Quarterly Dividend
Thursday, 19 Sep 2013 05:00pm EDT 

New York Times Co announced that its Board of Directors approved a dividend of $.04 per share on the Company`s Class A and Class B common stock to be paid on October 24, 2013, to all shareholders of record as of the close of business on October 9, 2013.  Full Article

New York Times Co Agrees to Sell New England Media Group
Saturday, 3 Aug 2013 02:46am EDT 

New York Times Co announced that it has entered into an agreement to sell its New England Media Group to an acquisition company owned by John W. Henry, the principal owner of Fenway Sports Group, for $70 million in cash, subject to customary adjustments. The all-cash transaction is expected to close in 30 to 60 days. The Company intends to use the net proceeds for general corporate purposes.  Full Article

New York Times Co Puts Boston Globe Up For Sale-Reuters
Wednesday, 20 Feb 2013 08:54pm EST 

Reuters reported that New York Times Co is putting The Boston Globe on the auction block for a second time as it seeks to focuses solely on growing its flagship newspaper, the Company said. The sale, which will also include the Worcester Telegram & Gazette, is expected to come at a big loss as newspapers struggle for subscribers and advertisers in the digital age. The Company said in a statement that it had hired Evercore Partners to advise on the sale.  Full Article

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Two New York police officers killed, gunman dead: NYT

NEW YORK - A gunman fatally shot two New York police officers as they sat in their squad car on Saturday and then killed himself, the New York Times reported, in the first deaths of police officers by gunfire in the city in three years.

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