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Clinton colluding New York Times reports a 96% drop in profit

Wednesday, November 2, 2016 23:39
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The New York Times Co reported a 95.7 fall in quarterly profit, hit by restructuring charges related to headcount reductions. Net profit attributable to the newspaper publisher fell to $406,000, or break-even per share, in the third quarter, from $9.4 million, or 6 cents per share, a year earlier. Revenue fell to $363.6 million from …

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