'Leadership Vacuum' At NY Times As Company Prepares To Announce Earnings
The New York Times Company is still seeking a replacement for CEO Janet Robinson who departed last month, and Wall Street isn’t too happy, reports Bloomberg.
A new leader is needed to bring up revenue, shore up profits and restore the Times Company’s dividend, Bloomberg writes. The company, which announces fourth-quarter results next week, is projected to report that its 2011 revenue was $2.33 billion, a decline from 2010 and the sixth straight year of declining sales.
“The
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