The New York Times Co. (NYSE: NYT) said on Friday that board of directors has agreed to pay quarterly dividend payout. The dividend payout will be the first one in almost last five years. The Company said that it will pay 4 cents per share on October 24 to class A and B shareholders as [...]
According to the Wall Street Journal, sources familiar with the matter said that last month, New York Times Company (NYSE: NYT) was offered a formal bid which valued its Boston Globe subsidiary over $100 million, with about a third of the value coming from buyers assuming some of the newspaper’s pension liabilities.
Shares of Amazon.com Inc. (NASDAQ: AMZN), an online retailer, are gaining in early trading today. At last check, AMZN shares were trading 3.18% higher at $230.01 on volume of 427,298. The stock hit an intra-day high of $232.68.