The New York Times Company (NYT) has seen a remarkable uptrend in its stock performance over the past three months, driven by substantial growth in its subscriber base and a strategic shift toward digital media. This evolution has solidified NYT's position as a key player in the ever-changing media landscape.In the said period, NYT's stock has risen approximately 20.1%, outpacing both the industry’s 18.8% increase and the S&P 500's growth of 7.6%. On Jul 5, 2024, the stock reached a 52-week high of $52.58 b ...

U.S. President Joe Biden pauses during the CNN Presidential Debate at the CNN Studios on June 27, 2024 in Atlanta, Georgia. President Biden and Republican presidential candidate, former U.S. President Donald Trump are facing off in the first presidential debate of the 2024 campaign.The New York Times editorial board on Friday urged President Joe Biden to exit the presidential election contest against Donald Trump, citing the Democrat's poor debate performance the night before."The president appeared on Thur ...

The New York Times plans to put its top podcasts behind a paywall.The company is considering giving only subscribers access to new episodes of “Serial,” and allowing nonsubscribers to access only the three most recent episodes of “The Daily,” The Wall Street Journal (WSJ) reported Tuesday (June 25), citing unnamed sources.Over time, it may gradually move additional podcasts behind a paywall, aiming to require a subscription to access most or all of the shows, according to the report.The plans are still unde ...

New York, New York, June 25, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger for a private unitranche facility to support a recapitalization of MedVet. MedVet is a founder and veterinarian owned platform that operates a leading network of specialty and emergency veterinary hospitals across the U.S. OHA was the sole lender of the private unitranche facility, consisting of a term loan and delayed draw term loan. OHA’s reputation and experience investing ...

Venlo, the Netherlands, and New York, June 17, 2024 (GLOBE NEWSWIRE) -- QIAGEN (NYSE: QGEN; Frankfurt Prime Standard: QIA) will announce today at its Capital Markets Day a commitment to deliver solid profitable growth through 2028 – led by about 7% compound annual sales growth (CAGR) at constant exchange rates (CER) during the four-year period and achieving at least a 31% CER adjusted operating income margin in 2028. The event, which starts at 12:00 New York time / 17:00 London time / 18:00 Frankfurt time a ...

Event will take place on Wednesday, June 26, 2024 in New YorkCARMIEL, Israel, June 13, 2024 /PRNewswire/ -- Protalix BioTherapeutics, Inc. (NYSE American: PLX), a biopharmaceutical company focused on the development, production and commercialization of recombinant therapeutic proteins produced by its proprietary ProCellEx® plant cell based protein expression system, today announced that it will host an in-person investor day at the Lotte Palace New York Hotel in New York on Wednesday, June 26, 2024 at 8:30 ...

New York, New York, June 11, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger for a unitranche facility supporting National Carwash Solutions (“NCS”), a portfolio company of Berkshire Partners (“Berkshire”). NCS is a leading provider of car wash equipment, supplies and services to operators across North America. OHA provided half of the over one billion dollar total financing facility, consisting of a unitranche term loan, delayed draw term loan and re ...

The New York Times Company (NYT) has successfully transitioned from a traditional print newspaper to a leading digital media organization. This shift has been underpinned by a strategic focus on high-quality journalism and a robust subscription model. The company's unwavering focus on diversifying revenue streams, optimizing costs and streamlining operations has been instrumental in its thriving performance.At the end of the first quarter of 2024, NYT boasts more than 10 million digital subscribers. This su ...

New York, New York, June 07, 2024 (GLOBE NEWSWIRE) -- Clean Energy Special Situations Corp., a publicly traded special purpose acquisition company (SPAC) (the “Company”), today announced the signing of a non-binding letter-of-intent (“LOI”) for a business combination with a leading high growth iGaming technology platform (the “Target”). The Target is a leader in providing B2B iGaming technology platforms and solutions to global gaming operators (B2C) and is seeking to grow organically and via acquisitions ...

A month has gone by since the last earnings report for New York Times Co. (NYT) . Shares have added about 6.1% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is New York Times due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. NY Times Q1 Earnings Beat Estimates, Reven ...