Business

Look Out, Belo! Redux

And just how did A.H. Belo Corp. -- the "new" parent company of The Dallas Morning News -- celebrate it first full day as a spun-off stand-alone media empire? By watching its stock free fall more than 12 percent, or two whole dollars. Ooof. Reports Editor & Publisher, the stocked...
Carbonatix Pre-Player Loader

Audio By Carbonatix

And just how did A.H. Belo Corp. — the “new” parent company of The Dallas Morning News — celebrate it first full day as a spun-off stand-alone media empire? By watching its stock free fall more than 12 percent, or two whole dollars. Ooof. Reports Editor & Publisher, the stocked ended trading Friday at $16.40 and began the day at $16.35 a share — “and within an hour had fallen below $15.” Closing price today: $14.40. –Robert Wilonsky

Will you step up to support Dallas Observer this year?

We’re aiming to raise $30,000 by December 31, so we can continue covering what matters most to you. If the Dallas Observer matters to you, please take action and contribute today, so when news happens, our reporters can be there.

$30,000

GET MORE COVERAGE LIKE THIS

Sign up for the This Week’s Top Stories newsletter to get the latest stories delivered to your inbox

Loading latest posts...