Cape Cod paper cuts stock listings

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.