Wall Street may like media again

"Either someone at Harbinger Capital Partners knows something the rest of us don't, or they're just hoping that saying so will make something true. Despite months of reports about the NYT Co. declining stocks and calls for it to cut its dividends Harbinger, which holds a 20% stake in the company, has reportedly been shelling out cash in the belief that the Times stock will be heading "north" in the near-ish future." ~fishbowlNY*

I hope this is a harbinger of positive things to come. The Lord knows we need some positive reinforcement from the cool kids on the Street. Read the rest here.