Jacksonville paper cuts stock listings
The Florida Times-Union, the daily newspaper in Jacksonville, Fla., joins the long list of metro newspapers cutting its stock listings. The changes take effect next Tuesday.
Assistant business editor Paul Mattson wrote, “The stocks and mutual funds listings report on weekdays will be redesigned to make room for a new investing report. You will receive information on trends in the marketplace, interest rates, commodities and foreign exchanges. There will also be breakdowns of companies in the news and what to expect of them in the market during the days ahead.
“In order to accommodate these changes, there will no longer be three full pages of stock and mutual fund listings. Instead, we will use those pages in a different way, emphasizing a more forward-looking, analytical approach to investing and personal finance. These changes will give you a more detailed and informed look at the markets.
“We will cut back on stock listings, going from more than 2,500 to about 1,200, based on trading volume. We will also eliminate the mutual fund listings, but we will still list about 38 funds that companies in the area offer in their 401(k) and retirement plans.
“These new pages will run Tuesday through Friday. The current stock listings will remain in your weekend paper. The Saturday Business section will still have the expanded Week in Review of stocks and the Sunday section will keep the current mutual fund reports.”
Read more here.