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Trinity Mirror profits fall 65%
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This article titled "Trinity Mirror profits fall 65%" was written by Mark Sweney, for guardian.co.uk on Friday 12th August 2011 07.02 UTC
Trinity Mirror has reported a 65% plunge in pre-tax profits to £28.9m in the first half of the year, as the sales boost from the closure of the News of the World helped stem the revenue...
News Corp income rises by 12% to $5bn as Murdoch defends empire
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This article titled "News Corp income rises by 12% to $5bn as Murdoch defends empire" was written by Dominic Rushe, New York, for guardian.co.uk on Thursday 11th August 2011 06.56 UTC
Rupert Murdoch pledged to do "whatever is necessary" to prevent a repeat of the phone-hacking scandal that led to the closure of his News...
Viacom Reports Double-Digit Revenue and Profit Growth in Q3
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New York : Viacom Inc. (NYSE: VIA, VIA.B) today reported double-digit gains for the fiscal 2011 third quarter ended June 30, 2011. Consolidated revenues in the quarter grew 15% to $3.77 billion, primarily driven by growth in affiliate, advertising and television license revenues.
Adjusted operating income increased 22% to $995...
Washington Post’s profits dive by 50%
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This article titled "Washington Post's profits dive by 50%" was written by Mark Sweney, for guardian.co.uk on Friday 5th August 2011 15.53 UTC
The Washington Post has reported a 50% plunge in profits for the second quarter of 2011, as advertising revenue at its print and online businesses suffered double-digit declines.
The...
Sony reports second-quarter loss as operating profits fall 59%
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This article titled "Sony reports second-quarter loss as operating profits fall 59%" was written by Mark Sweney, for guardian.co.uk on Thursday 28th July 2011 14.20 UTC
Sony has reported a loss in the second quarter as operating profit plunged 59%, reflecting the impact of the PlayStation cyber attack and the Japanese tsunami, despite...
Yahoo revenues slip to lowest since 2005: the Woolworths of the net?
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This article titled "Yahoo revenues slip to lowest since 2005: the Woolworths of the net?" was written by Jemima Kiss and Charles Arthur, for guardian.co.uk on Wednesday 20th July 2011 14.07 UTC
It's not looking good for Yahoo.
Its latest financial results, for the second quarter of 2011, showed falling revenues and earnings...
The New York Times Company Q2 operating loss at $114.1 million
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New York : The New York Times Company has announced a 2011 second-quarter diluted loss per share from continuing operations of $.81 compared with diluted earnings per share from continuing operations of $.21 in the same period of 2010.
The loss resulted from a non-cash charge of $.93 per share for the write-down of assets at the News...
Omnicom Q2 net income at $275.1 million
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New York : Omnicom Group Inc. has announced that its net income for the second quarter of 2011 increased 13.1% to $275.1 million from $243.3 million in the second quarter of 2010. Omnicom's diluted net income per common share in the second quarter of 2011 increased 21.5% to $0.96 per share from $0.79 per share in the second quarter of...
Yahoo! Q2 revenue at $1,076 million
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Sunnyvale : Yahoo! Inc. has reported results for the quarter ended June 30, 2011. Revenue excluding traffic acquisition costs (“revenue ex-TAC”) was $1,076 million for the second quarter of 2011, a 5 percent decrease from the second quarter of 2010, primarily due to the revenue share related to the Search Agreement with Microsoft....
Media General Q2 net loss at $15.4 million
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Richmond : Media General, Inc. (NYSE: MEG), a multimedia provider of broadcast television, digital media and print products,has reported operating income in the second quarter of 2011 of $6.8 million, compared with $16.3 million in the second quarter last year.
Interest expense of approximately $17 million in both years and non-cash tax expense...