Tag Archives: Agate changes

Providence Journal cuts standalone business section

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The Providence Journal has cut the pages it’s devoting to business news, according to a column from executive editor Thomas Heslin.

The economic and financial news will appear in a new section called projoNation. On Sunday, a new section will debut called projoConsumer.

Heslin writes, “The Sunday Journal will carry a new section to help you get by in the 21st-century economy. You’ll find reports on consumer news and information, product recalls, credit cards, technology, job hunts, road alerts affecting the daily job commute, and the special ‘Wall Street Journal Sunday’ report.”

He later adds, “The pages formerly allocated for the Business section, and the space formerly allocated to the Sunday Extra section, have been reallocated to improve your reading experiences.”

Read more here. 

Canada paper cuts stock listings

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Paul Berton, the editor of the London Free Press in Ontario, writes Saturday about the decision to cut the paper’s printed stock listings.

Berton writes, “We will still carry a daily package of indicators, including market highlights, market trends, mercantile, grain quotations, farm summary, and foreign exchange in the newspaper, but if you want to learn about stocks on the TSX or the NYSE, or mutual funds, you’ll have to go to money.canoe.ca.

“It is not fair for everyone, especially those who haven’t been able, for one reason or another, to embrace the Internet, but it’s the right thing for us, economically and environmentally.

“There is more business news than ever, yet increasingly less space for it in the newspaper. We’re hoping we can free up some of that space used by stock data for articles and stories.”

Read more here.

Ohio paper cuts stock listings

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The Tribune Chronicle in Warren, Ohio is cutting its printed stock listings from Tuesday through Saturday.

A story in the paper Sunday stated, “Tuesday, the newspaper will unveil a new look to its daily financial pages. For years, the newspaper has provided a comprehensive daily listing of stocks and mutual funds, which allowed readers to track items of their choosing from the New York Stock Exchange, NASDAQ or AMEX exchanges. There also was a grouping of Wall Street and general financial news along with the listings.

“The improved format brings important financial data with a fresh look. In addition to listing some stocks, including local ones, and mutual funds, the new format highlights trends and analyses in text and graphic forms to replace the static full-page listings previously offered. A third business page will continue to focus on local developments.

“‘The format changes will provide the depth of coverage readers have come to expect from the Tribune Chronicle: concisely written and packaged information for time-pressed readers who want useful market news and trends quickly,’ said Frank Robinson, editor of the newspaper. ‘These are changing times, and newspapers have to adjust to the needs of the readers.”

Read more here.

Quick hits from Sunday

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– The Evansville Courier Press in Indiana is cutting its stock listings in favor of the Money & Markets page from the Associated Press.

– The Tampa Tribune in Florida is cutting some of its printed stock listings to accommodate the narrower paper that it will begin printing on.

– The Sacramento Bee has added a “Job Front” column in its Monday business page as part of an overall emphasis on recession coverage throughout the paper.

Printed earnings table disappears from WSJ

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Hal Morris, writing on his Grumpy Editor blog, notes that the printed earnings table that has appeared in The Wall Street Journal is now gone.

Morris writes, “For whatever reason, probably to save space, WSJ.com subscribers will only be able to access earnings by going to ”company research” on the site.

“Going to that site is not as handy or convenient as quickly scanning the list —often at the breakfast table — that, yesterday (with its final appearance), contained 49 earnings reports.

“Some readers will grumble that unless they know the exact date of earnings releases of companies in their portfolios, it means time-consuming daily clicking on the WSJ’s Web site for the figures.

“Earnings tables on the Web cover only the prior five business days.”

Read more here.

Florida paper to cut standalone business section

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The Bradenton Herald, a McClatchy newspaper, will cut its standalone business section beginning next week.

The Herald joins other McClatcy papers such as the Fresno Bee, the Myrtle Beach Sun News and The (Raleigh) News & Observer in making such a move.

Executive editor Joan Krauter writes, “Starting Tuesday, the daily Business section will be combined with the Local section. Economic news remains the No. 1 story in most of our lives, so we looked for ways to make sure we had more space for local business coverage, even as we tightened the paper.

“We’re condensing the Money & Markets agate to one page, highlighting stocks of local interest, top earnings reports, dividends, foreign exchange funds, the top 500 NYSE stocks and the top 500 mutual funds. Many newspapers have eliminated daily listings all together, but readers have told us they still have keen interest in the information on this page.”

Read more here.

Charlotte Observer cuts standalone business section to three days

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The Charlotte Observer has become the latest daily metro to cut its standalone business section, but only on Tuesday, Wednesday and Thursday. It will remain a standalone section on Friday, Saturday and Sunday.

Other McClatchy papers that have made the cut include The (Raleigh) News & Observer, the Myrtle Beach Sun News and the Fresno Bee.

Editor Rick Thames writes, “In reformatting the business news, we have trimmed back market listings that are now commonly available on many Web sites, including CharlotteObserver.com (go to ‘business,’ then ‘market summary’). However, we have retained our stock listings of more than 100 Carolinas-oriented companies, as well as our Readers’ Choice listing of more than 300 stocks.

“Where are the mutual funds? Our list of 270 funds, many of them requested by readers, will still appear inside the Friday and Saturday Business sections.

“The Money&Markets analysis and snapshots of business sectors and the economy will also appear on those days.”

Read more here.

Cape Cod paper cuts stock listings

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The Cape Cod Times will be cutting its printed stock listings, according to a story Saturday by Sarah Shemkus.

Shemkus wrote, “The daily business page will continue to include the same number of stock and mutual fund listings, but other financial market content will be eliminated. The Sunday business section, which currently includes more than four pages of stock and fund listings, will contain one page of listings focused on stocks and mutuals of specific interest to readers.

“The changes were precipitated by falling advertising revenue and shrinking profitability, Meyer and Pronovost said.

“Though the Times is still profitable, its margin has fallen by about 30 percent in the past five years. In 2008, revenue fell by 5.8 percent compared with the previous year, with an even sharper drop-off during the last three months of the year.”

Read more here.

Sarasota paper puts stocks on Web

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The Sarasota Herald-Tribune has moved its stock and mutual fund listings to its Web site, writes executive editor Mike Connelly.

Connelly writes, “We held off as long as we could, but the recession has forced the Herald-Tribune to join many other U.S. newspapers in cutting stock listings.

“At the same time, we have expanded www.heraldtribune.com/stocks, offering a series of tools to track your portfolio, explore investing opportunities and monitor market trends.

“Starting today, the newspaper will publish a daily market summary instead of issue-by-issue stock and mutual-fund listings.

“The summary lists the 175 most widely held stocks, the 138 largest mutual funds and 26 market indices, along with interest rate and foreign exchange highlights.”

Read more here.

Michigan editor reacts to readers on cut stock listings

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John Foren, the editor of the Flint Journal in Michigan, writes in response to readers who called in about the paper’s decision to cut its printed stock listings.

Foren writes, “We’ve been talking for years about reducing our stock pages, influenced by the legions who check online accounts for how their stocks and mutual funds are doing. Few newspapers run full stock pages anymore — that’s not a justification for us to make the change, too, just a reflection of the public’s changing habits.

“After sampling readers for their stock favorites, we eliminated one full daily page of financial figures and replaced it with a column of stocks of local interest.

“Last Sunday, we began running a quarter page of mutual fund information — instead of our previous two full stock pages.

“Dozens of people called and e-mailed me. A few said they liked the overall changes, which included moving our weather map to the second page of the A section. But most said they missed the stock pages.”

Read more here.