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None of The Talk About A Possible US Recession Is Helping Newspaper Companies As Ratings Firms And Financial Analysts Continue To Cast Two Thumbs Down And The New York Times Results Didn’t Do Anything To Help
Philip Stone September 14, 2007
The one thing that the financial ratings agencies and financial analysts seem to have in common these days is that none of them have anything nice to say about the US newspaper industry. Debt continues to be downgraded and the analysts claim the worst is not over, one even saying he believes there will be another 20% slide in newspaper share prices within the next 18 months.
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