Thursday, October 06, 2011

Stock | Pubs' shares rise amid Slim's NYT Co. move

From a new MarketWatch story

Mexican billionaire Carlos Slim increased his stake in newspaper publisher New York Times Co. to 8.1%, according to filings late Wednesday with the U.S. Securities and Exchange Commission. The move lifted New York Times stock 12% today. Slim acquired a 6.4% stake in New York Times in 2008.

The Big Board
Mid-afternoon prices for major newspaper publishers vs. the S&P 500 index and the Dow Jones Industrial Average:

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