buyouts
| 12:20PM 11/04/2009
On Wednesday morning, during Time Warner (TWX)'s third-quarter earnings conference call, chairman Jeff Bewkes said, "We'll continue to take a look at non-strategic and less profitable titles."
Apparently, one of those non-strategic titles is Fortune Small Business. A Time Inc. spokesman confirms...
| 4:45PM 11/03/2009
The guillotine has begun its descent at Time Inc. Sources at the publishing company (which is part of the same conglomerate as DailyFinance parent AOL) say executives have asked for an emergency meeting with representatives of the Newspaper Guild to discuss job eliminations. A Time Inc. spokeswoman...
| 1:30PM 10/22/2009
Things are still pretty tough for The New York Times Co. (NYT), but they're getting better. The publisher reported a $35.6 million loss in the third quarter of 2009, considerably better than analysts had expected. And, on an earnings call to discuss the results, Times Co. CEO Janet Robinson...
| 8:30PM 10/19/2009
The New York Times Co. (NYT) assured its unionized employees in September that the voluntary 5 percent paycut they had agreed to this year would be temporary; their former salaries will be restored on January 1. Now we know where the money to do that will come from.
The Times announced Monday that...
| 9:30AM 10/19/2009
For the past year, silver linings have been in short supply. Even as financial markets claw their way back up, the wealth lost has been neither forgotten nor completely recovered. In the private equity sector, the good news is that, frankly, the situation could have been worse. Though returns...
| 3:00PM 7/29/2009
Tom Taulli notes on BloggingStocks that private equity firm KKR is in the late stages of planning an IPO for Dollar General, the country's largest chain of small discount retail centers. KKR, along with the private equity arms of Goldman Sachs (GS) and Citigroup (C), acquired the company in July...
| 4:30PM 4/30/2009
Only 631,000 Americans filed first-time unemployment claims last week. I say "only" because that's fewer than the 645,000 who filed claims the week before.
I should know: I'm one of them.
I filled out an application today through Florida's Agency for Workforce Innovation website. It asked me for...