Posts filed under “Financial Press”

About Time: NYT kills print stock tables in print edition

AlI can ask is "What took them so long?":

"Beginning April 4, The New York Times will stop publishing daily stock listings on Tuesdays through Saturdays and will offer a new package of interactive tools and market information on its Web site, the paper announced yesterday.

In announcing the change, The Times joins other newspapers that have cut stock listings to reduce newsprint costs as more readers monitor investments using the Internet.

The Times will replace the tables in the newspaper with two pages of market and economic information, including performance listings of the top 100 stocks in the Standard & Poor’s 500-stock index, market analysis, mutual fund information, charts tracking individual company performance and lists of foreign currency exchange rates."

Other papers that have cut back on stock listings in print editions: The Chicago Tribune, The Los Angeles Times, Newsday and The Orlando Sentinel.

Its looking more  and more like this new fangled internet thingie may catch on!

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Source:

The Times to End Daily Stock Listings in April and Expand Data on Web Site
JULIE BOSMAN
March 14, 2006
http://www.nytimes.com/2006/03/14/business/media/14times.html

See also:
Was Death of Newspapers Greatly Exaggerated, or Is Verdict Still Out?
GERALDINE FABRIKANT and FLOYD NORRIS
NYT March 14, 2006
http://www.nytimes.com/2006/03/14/business/media/14sherman.html

Category: Financial Press

WSJ Joins the Blogging Crowd

Category: Financial Press, Weblogs

FT is free this week

Category: Financial Press

Read it here first: Rebates Suck

Category: Financial Press, Retail

The Backward Business of Short Selling

If you haven’t already, I strongly admonish you to go read Jesse Eisinger’s column today:

It’s a Tough Job, So Why Do They Do It?  The Backward Business of Short Selling

Here’s the money quote:

Short_interest
"The shorting life is nasty and brutish. It’s a wonder anyone does
it at all.

Shorts make a bet that a stock will sink, and nobody else wants
that: Not company executives, employees, investment banks nor most investors.
That’s why most manipulation is on the other side; fewer people object when
share prices are being pumped up. For most on Wall Street, the debate is whether
shorts are anti-American or merely un-American.

Yet in all the paranoia about evil short-sellers badmouthing
companies, what is lost is how agonizingly difficult their business is. They
borrow stock and sell it, hoping to replace the borrowed shares with cheaper
ones bought later so they can pocket the price difference as profit. It’s a
chronologically backward version of the typical long trade: sell high and then
buy low."

Go forth and read . . .

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Source:
It’s a Tough Job, So Why Do They Do It?
The Backward Business of Short
Selling

Jesse Eisinger
WSJ, March 1, 2006; Page C1
http://online.wsj.com/article/SB114118313441386192.html

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UPDATE March 2, 2006 10:32am: 

See below for more text

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Category: Data Analysis, Financial Press, Trading

Do Amercians Support a Gas Tax?

Category: Commodities, Consumer Spending, Financial Press, Politics

Is the Fed Done? Depends on What Page You’re Reading

Category: Federal Reserve, Financial Press, Inflation

Twilight of the Blogs

Category: Financial Press, Media, Psychology, Weblogs

A Year of Panic Redux

Category: Financial Press, Technical Analysis

The Onion Once Again Foreshadows Reality

Category: Corporate Management, Financial Press