Tag Archives: Agate changes

Michigan paper cuts standalone business section

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The Ann Arbor News in Michigan says it will no longer produce a daily business section.

A brief in Sunday’s paper states, “Starting today, local business coverage, led by reporters Stefanie Murray and Tina Reed, will more often land on pages A1 and A3. Items such as the daily local stocks listing and business briefs will be elsewhere in our main Local section. We no longer will produce a daily business section.

“Our entertainment coverage will be part of our regular pages, instead of the weekly Spotlight tabloid. This means you’ll find Thursday’s local previews, restaurant reviews and features inside an expanded Thursday edition. Further, you can scan complete listings for the Ann Arbor area and the rest of the state online at mlive.com/ann-arbor.

“‘These moves are part of ongoing changes that we’ve written about before,’ said Jim Knight, managing editor at The News. ‘What we do best is cover the local news in our region. It’s what makes our product unique, and we remain committed to meeting that need.’”

Read more here.

Making the decision to cut stock listings, with reader help

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Dennis Fulton, the business editor at the Dallas Morning News, writes Friday about the paper’s decision to cut its printed stock listings, which at the beginning of the year, with the help of reader suggestions on what to keep.

Fulton writes, “In case you missed it, on Jan. 3, we discontinued most weekday national stock listings, particularly the Top 500. We kept our market indices and we kept an expanded report on Saturdays only.

“About 300 readers wrote or called to say that wasn’t good enough. Most were very understanding and helpful. It’s a business truism that successful companies listen to their customers. We did, and based on those suggestions we found ways to restore most of the stock and mutual fund listings, without using more space.

“For one thing, we learned that even in an era where stock listings are easily available on the Web, many readers find them to be especially useful in our paper.

“‘I know I can get stock prices online. I do it all the time,’ one reader said. ‘But perusing the listings is part of my morning ritual. It goes with my coffee and Post Toasties.’

“Another reader said he values the ability to scan a large number of stocks at a glance. He runs a finger down each column of stocks looking for the new 52-week low or the attractive price-earnings ratio or the best performing mutual fund in a class. He says he’s picked his best investments that way.”

Read more here.

Des Moines paper cuts standalone business section

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The Des Moines Register has become the latest Gannett newspaper to cut its standalone business section.

In a letter to readers published Friday, publisher Laura Hollingsworth wrote that the Metro & Iowa section and the Business section would be combined into one section, starting Monday.

The paper will also no longer publish Saturday stock listings, but will publish some Iowa stocks of interest.

Hollingsworth writes, “I know that some of our loyal readers won’t jump up and down over these changes. But my hope is you’ll understand why we’re making them.

“What isn’t changing is our commitment to deep local coverage and stories that make a difference. We’ll continue our exclusive watchdog and public service journalism. We’ll bring expert coverage of issues related to education, health care, business and the environment.”

Read more here. Other Gannett papers that have cut their standalone business sections include the Indianapolis Star and the Tennessean in Nashville.

The first day without stocks and a standalone section

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Tim Steller, the business editor of the Arizona Daily Star in Tucson, writes Wednesday about the paper’s first day without printed stock listings and with business news tucked into the A section instead of having its own section.

Steller writes, “We do have a list of about 50 stocks that are of heightened local interest because the company is based in Southern Arizona or has significant operations here. But the list of hundreds or thousands of stocks is gone. The sole remnant of that era will be our weekly list of mutual funds, which will shrink to half a page but remain in Saturday’s paper.

“About 50 readers have called to comment on the elimination of the Market Report page, as it was called in recent years. A large number would simply like to have the stocks they follow listed in the paper again. In general, that’s not going to happen. Stock listings in newspapers are going the way of dinosaurs and dodo birds as we focus more strictly on the work we can do best: covering local news. In the business section’s case, that means covering local business news.

“The two other main reader concerns have been commodity prices and foreign exchange listings. In particular, on commodities, readers want to know the prices of copper, oil and gold. I’m very sympathetic to the idea that we could still list a few commodity prices in the space left, and we’ll be working on that. I’m not as sure about foreign currency prices, but we will consider that, too.”

Read more here.

California paper moves biz news

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The Palm Springs Desert Sun is moving its business coverage to different parts of the paper, writes publisher Richard Ramhoff in Wednesday’s paper.

Ramhoff writes, “Our national business coverage, including the stock and mutual fund report, will move to our A section on weekdays, where it will be featured with our other national news coverage. Local business coverage by reporters Monica Torline and Debra Gruszecki will move to our new Valley section, which will include local news plus local features and business coverage.

“On Sunday, we launch an expanded Business section that will feature more local coverage of business news, looking at the past week and the week ahead.”

Read more here.

Oregon paper drops printed stocks

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The Medford Mail Tribune announced that beginning Wednesday, it will no longer carry printed stock listings in its business section.

A story stated, “The decision was made as part of an evaluation of the newspaper’s content, said Bob Hunter, editor of the newspaper.

“‘In the surveys we’ve done and information we’ve gathered from readers, the stock listings have always come out near the bottom of the list,’ Hunter said. ‘With updated information on the Web available 24 hours a day, the number of people who use the newspaper to track their stocks has fallen to the point that it doesn’t make sense for us to dedicate a large amount of space to it.’

“The paper has run a half-page of stocks Tuesdays through Fridays and two full pages on Sundays. The changes also will result in dropping the Motley Fool feature in Sunday’s business section. Hunter noted many newspapers around the country have dropped stock listings in recent years as more readers get their investment information on the Web.”

Read more here.

Canadian paper cuts stocks

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The St. Catharines Standard newspaper announced Friday that it will cut its printed stock listings and mutual funds at the beginning of 2009.

The paper stated, “While we understand that some of our readers still rely on these listings, the large majority of our readers now go online for stock and mutual fund values.

“Newspapers across Canada, including major financial newspapers, have disblishing these lists over the past several years. The Standard is one of the last newspapers to follow suit.

“The decision ref lects both the changing habits of our readers and the difficult business climate brought about by the current economic downturn.”

Read more here.

Michigan paper cuts daily biz page

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The Bay City Times newspaper in Michigan announced that it is cutting its dedicated business page during the week and its stock listings in the Saturday paper.

John Hiner, the paper’s editor, writes, “Readers will notice changes to the printed newspaper, beginning today, that reflect our need to control costs. Most local news content will remain intact, but space reductions mean we are dropping the following:

“A dedicated Business page in weekday papers, including local stocks and markets; the daily horoscope and one of two daily TV grids; Young Times on Monday and the Mini-Page on Tuesday; stock listings on Saturday.

“Some local content, such as the Prep Page and Environment Page, both on Thursday, will be reformatted to fit available space.

“Some features you’ve come to expect will be available exclusively online at www.mlive.com/bctimes; in those instances, we’ll provide clear directions in the printed paper to such content.”

Read more here. Bay City is north of Saginaw and Flint.

Honolulu paper cuts standalone business section

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The Honolulu Star-Bulletin is cutting its standalone business section during the week, but adding pages to its Sunday business section, editor Frank Bridgewater writes in the Sinday paper.

Bridgewater writes, “A new section, Hawaii, will carry local news. Most of what has been on page 2 will move to page 2 of the Hawaii section. Obituaries also will run in this section. The Business section will become part of the Hawaii section, anchoring the last several pages. There will be one page of stock and mutual fund prices, instead of two, reflecting the move by investors to the Internet for market quotes. You can always find quotes for Hawaii stocks and mutual funds and all other stocks at starbulletin.com/business.”

Later, he adds, “Also, with the markets’ turmoil commanding so much attention, we are adding two pages of analysis, lists and highlights to our Sunday Business section – one page on stocks and one on mutual funds. Today they are pages 8 and 9 in Business.”

Read more here.

Other newspapers that have cut their standalone business section include the Boston Globe, Seattle Post-Intelligencer, Seattle Times, Chicago Tribune, Orange County Register, St. Petersburg Times, Tampa Tribune, The (Raleigh) News & Observer, Denver Post, Cincinnati Enquirer, Columbus (Ohio) Dispatch, Reno (Nev.) Gazette-Journal, Winston-Salem (N.C.) Journal, Monterey (Calif.) Herald, Palm Beach Post and Akron (Ohio) Beacon-Journal.

Florida paper cuts standalone business section

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Adam Lowenstein, the business editor at Florida Today, writes Sunday that the business news will now appear in the back of the sports section, beginning this week.

The Sunday section will continue as a standalone section.

Lowenstein writes, “There are a few smaller changes in Business, too.

“Our Monday financial column will allow readers to submit questions. You can do that by writing us at business@floridatoday.com with ‘finance question’ in the subject line.

“Tuesday through Friday on the stocks page, we’ve eliminated the Industry Watch portion and the Story Stocks graphic.

“Many of the stocks are already found in our Top 250 stocks listing, or in story content on the Business cover.”

Read more here.