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Times Co. posts boost in net income

Advertising slide slows; revenue up from circulation

Net income at The New York Times Co. tripled in the fourth quarter from the year before. The publishing company, which owns The Boston Globe, attributed part of the rise to its decision to raise the price of its papers and cut costs. Net income at The New York Times Co. tripled in the fourth quarter from the year before. The publishing company, which owns The Boston Globe, attributed part of the rise to its decision to raise the price of its papers and cut costs. (Associated Press/File 2009)
By Beth Healy
Globe Staff / February 11, 2010

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The New York Times Co. reported net income of $90.9 million in the fourth quarter of 2009, up from $27.7 million a year earlier, as advertising declines slowed and circulation revenue rose. (Full article: 586 words)

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