As expected in a post on this blog yesterday, the country’s most prestigious newspaper expects to cut its daily stock listings next month as a way to trim newsprint expenses and will offer a new package of interactive tools and market information on its Web site for investors who want the information.
Other newspapers that have severely cut stock listings so far this year include the Chicago Tribune, Newsday, Rocky Mountain News, Orlando Sentinel, Atlanta Journal-Constitution and Providence Journal.
The Times’ article in this morning’s paper said, “The Times will replace the tables in the newspaper with two pages of market and economic information, including performance listings of the top 100 stocks in the Standard & Poor’s 500-stock index, market analysis, mutual fund information, charts tracking individual company performance and lists of foreign currency exchange rates.
“The newspaper said that the features to be added to its Web site would include investment tools, breaking financial news and individual portfolio information.
“Readers will also be able to expand their personal portfolios online and create customized stock searches that allow them to receive free e-mail messages on stock changes or company news, the newspaper said.
“The expanded information on the Web site, nytimes.com, will also include a multipart interactive graphic, the company said.”
“The complete financial tables will continue to appear in the Sunday issue of the paper.”