Wall Street closed Tuesday with all publicly traded newspaper companies in positive territory, Editor & Publisher reported.
The newspaper sector's biggest gainer was the Sun-Times Media Group, which closed the day at 79 cents, a 19 cent (27.1 percent) increase. Previously, STMG had been barred from on-the-floor trading because of its low stock price.
The New York Times Co. also increased, closing at US$18.95, up 21 cents (1.12 percent) on the day. Before markets opened Tuesday, the Times reported its February ad revenue was down 6.6 percent from a year earlier, and its classified ad revenue was down by more than 20 percent in 2008, E&P reported.
Other newspaper companies seeing gains were Lee Enterprises, which closed up 57 cents, at $10.61; Media General Inc., up 79 cents, at $15.56; and GateHouse Media Inc, up 27 cents, at $5.92, according to E&P.
The Journal Register Co., like STMG, has also been barred from on-the-floor trading. It remained unchanged at 80 cents a share.

