New York Times' stock slides 3% after revenue falls short of estimates

New York Times Co.’s stock NYT, +1.80% fell 3% early Wednesday, after the newspaper group beat profit estimates for the fourth quarter but revenue fell slightly short. The company had net income of $109.9 million, or 66 cents a share, up from$70.8 million, or 43 cents a share, in the year-earlier period. Adjusted per-share earnings came to 70 cents, ahead of the 61 cent FactSet consensus. Revenue rose to $676.2 million from$667.5 million a year ago but was just below the FactSet consensus of $680.0 milli ...