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New York Times Falls as Ads Drop for 11th Straight Quarter

New York Times Co., the newspaper publisher controlled by the Ochs-Sulzberger family, fell the most in two weeks after reporting an 11th straight quarter of declines in advertising sales.

The shares dropped 3.4 percent to $11.77 at the close in New York, the biggest one-day decrease since July 16. The stock has climbed 38 percent this year.