TheStreet.com media critic Marek Fuchs writes Wednesday that an Associated Press story on Domino’s first-quarter earnings missed the bigger story at the pizza chain.
‘Shares of pizza delivery chain Domino’s Pizza Inc. rose Tuesday after the company reported a big rise in first-quarter profit, helped by expenses that weighed down the year-ago results.’
“After a breathless headline and first clause of the lead momentarily tricked The Business Press Maven into thinking that Domino’s has fixed its problems, which are crust-deep everywhere but overseas, we get this:
‘Before the market opened Tuesday, Domino’s said a recapitalization in 2007 led to far lower results in the year ago quarter. Excluding those expenses, the company’s profit would have fallen in the 2008 first quarter.'”
Read more here.
PCWorld executive editor Gordon Mah Ung, a tireless journalist we once described as a founding father…
CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…