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Earnings Analysis: 
New York Times Posts a 26% Lower Profit
Author: 123jump.com Staff
123jump.com
Last Update: 3:32 PM EDT April 19 2007



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New York Times first-quarter profit fell 26%, hurt by weakness in print advertising and various charges. Cooper Industries reported stronger-than-expected quarterly profit, citing strong demand from utilities and solid sales in the industrial, energy and nonresidential construction markets. Cosi expects to post a wider-than-expected loss in the first quarter, as weaker same-store sales hurt its results.

 

 

 

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