Special thanks to my intern, Megan Brinkman, a soon-to-be graduate of Northwestern’s MBA program, who did most of the work on GCI this quarter due to a conflict I had with the conference call. The following summary was written by Megan and edited by me. Consistent with what we are seeing across the newspaper industry, […]
New York Times (NYT) reported mixed 1Q07 earnings. Results were basically in line with analysts estimates and recent management commentary but there were no signs that print advertising was stabilizing. Additionally, management lowered its forecasted growth rate for internet advertising in 2007 from 30% to something less than that without specifying a figure. Put this […]
AT&T (T) rose almost 1% yesterday, possibly in response to Wednesday’s afternoon’s press release indicating that the company’s U-Verse TV offering was beginning to gain some customers. U-Verse is T’s multichannel TV product designed to fill out is product bundle that already contains wireless and wireline telephony and high speed internet. U-Verse is based on […]
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