Categories: OLD Media Moves

Sarasota paper to cut stock listings

The Sarasota Herald-Tribune, which is owned by the New York Times Co., is cutting its stock listings, according to a short story in Sunday’s newspaper, but expanding its mutual fund listings.

The story stated, “Recognizing that most people do their investing through mutual funds, the Herald-Tribune’s listings will rise from 3,702 funds to 3,923.

“Stock listings as a whole will shrink from 8,769 individual issues to 7,729, but most investors will find their stocks because the listings are based on the most actively traded shares.

“The newspaper’s foreign exchange listings will grow, while commodity listings will shrink.

“The Herald-Tribune will continue to run basic commodities information in the lower left-hand column on the front of the business section. Commodities information also will be available through ‘Markets On Call,’ a telephone service with directions on page 4 of the redesigned section, where metals prices also will be listed.

“Sunday stock listings will move to Saturday, giving readers a jump on that information after Friday’s weekly close. A comprehensive weekly market summary also will accompany the usual daily summary.”