*Tribune stock jumps

Shares close at $32.05, up 4.43 percent on the day. This morning's WSJ story about how the board might consider going private no doubt generated interest in the stock. But anecdotal comments among the larger shareholders would not indicate that the company is under the gun to make a decision anytime soon. Might be interesting to check out the stock in the coming days. If shares keep going up, it could mean that investors believe something big will be happening. By the way, a Tribune spokesman isn't even confirming that a board meeting is taking place today.

*Everybody has problems: The New York Times Co. expects third-quarter earnings to be well below those of a year ago because of a "very challenging" advertising market throughout the summer.

More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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