Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of newspaper and media company The New York Times Co.
So what: Mexican multibillionaire Carlos Slim has long held a large stake in The Gray Lady, but recent SEC filings show that he upped his interest from 7.5% to 8.1% with another batch of buys. Slim, who is currently the world's richest man thanks to his interests in Latin American telecoms America Movil
Now what: On the face of it, The New York Times appears headed for obsolescence in the face of onrushing Amazon.com
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