Welcome to the fold. This is the blog of Gimmer, a New World shepherd.
Saturday, October 25, 2008
New York Times Co
Reuters - Standard & Poor's slashed its ratings on the New York Times Co into junk territory and cited concerns about the newspaper publisher's revenue outlook, after it posted a third-quarter loss. Moody's Investors Service also said it may follow the move, adding the publisher faces risks in refinancing its debt.