Time Warner&#39;s profit declines NATIONAL COMPANIES
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The world&#39;s largest media company set aside a $500 million reserve in anticipation of settling government investigations into its bookkeeping.
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Media conglomerate News Corp.  said on Wednesday its quarterly profit fell due to one-time gain a year earlier, offsetting higher "Borat" box office sales and "X-Men" DVDs and a rise in affliate revenue for Fox News.
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Warner Music Group Corp. reported on  Thursday a worse-than-expected 74 percent drop in quarterly  profit as its artists had fewer big hits, sending shares more  than 5 percent.
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The nation's largest satellite television provider saw its net profit shrink by two percent and customer growth remained flat.
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UTStarcom Inc. on Tuesday said its third-quarter profit plummeted, but beat Wall Street expectations. The networking products company reported earnings of $5 million, or 4 cents per share, down from $59.
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Comcast Corp  posted a 54 percent fall in quarterly net profit as the largest U.S. cable TV operator lost more basic video subscribers than analysts had expected, sending shares down about 8 percent.
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Media giant Time Warner Inc. said Wednesday that third-quarter earnings declined year-over-year, and said it established $500 million in legal reserves related to pending government investigations and intends
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Blockbuster Inc. , the No. 1 U.S. video rental chain, reported lower quarterly profit on Tuesday due to store closures and higher costs associated with growing its online business.
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Time Warner Inc., the world's largest media company, reported Friday that its earnings nearly doubled in the fourth quarter without the losses from its former music division in the year-ago period and on higher results from cable TV, publishing and other businesses.
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Regal Entertainment Group, the country's largest owner of movie theaters, Tuesday said its profit fell 37 percent in the third quarter, as box office receipts slipped.
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The countryâs largest newspaper publisher said Friday that its fourth-quarter profit dropped because of a decline in broadcasting revenue and weak newspaper ad sales.
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The New York Times Company said yesterday that its profit for the year would fall short of what it had initially forecast, a casualty of higher costs and of advertising revenue that has
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Shares of Media giant Time Warner Inc. were little changed Monday ahead of the company&#39;s third-quarter earnings report as investors wonder exactly what chairman Dick Parsons might say about its troubled America Online unit.
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Torstar Corp., which publishes Canada&#39;s biggest daily newspaper, said third-quarter profit fell 62 percent because of declining sales at its book-publishing unit and costs for employee buyouts at the Toronto Star.
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Comcast Corp., the leading U.S. cable  operator, said on Thursday its quarterly profit tripled, but  its shares fell as higher-than-expected spending plans for 2007  raised concerns on Wall Street.
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Warner Music Group Corp  on Friday posted disappointing operating results and said it saw substantial pressure on operating income in the current quarter, and shares slid as much as 3 percent.
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Fourth-quarter profit fell 8 percent on declining advertising sales at the companyâs newspapers and television stations.