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May 12, 2008

Everett, WA Paper Trims Stock Listings

The Daily Herald in Everett, Wash., is cutting back on full stock listings in its weekday business section, writes Business Editor Mike Benbow. The paper will keep some stock listings on those days (local/regional company stocks, the biggest mutual funds and other market information) but will not carry the New York and Nasdaq stock exchanges on those days.
The Saturday paper will carry complete stock listing.
Benbow says the reasons are twofold: people getting their stock quotes elsewhere and much closer to real time and the need to cut costs in the face of declining revenues and rising newsprint costs.
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