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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by pinecone11on Feb 09, 2012 10:26pm
392 Views
Post# 19513530

RE: Hash from S&P

RE: Hash from S&P

>Here are some comments taken from the Finanicial Post Article with regards to S&P and YLO.

"Analysts say the company’s online revenue has not grown fast enough to offset the decline on print. Online revenue accounted for about 29% of its total revenue this year, compared with 21% last year.

“It is not like print will go off tomorrow. We need to see what is the pace of deceleration,” S&P credit analyst Madhav Hari said."

Revenue fell 9% to $313.3-million, mainly due to lower print sales and weakness in its U.S. operations.

“It’s bad, but it didn’t get worse,” S&P’s Hari said. “It is comforting that the erosion (in overall business) was not worse than a lot of people had thought.”<

 

It's always nice to see one's posts from a year ago plus being re-presented as NEW THINK.

And to think, these futurists still get paid Chef's wages for serving this warmed-up hash.

Bullboard Posts