Gannett profit up, revenue down
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Gannett Co. Inc. , the largest U.S. newspaper publisher, said on Wednesday its quarterly revenue fell because of weaker advertising sales at its local papers, while profit rose with the sale of four papers.
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Advertising revenue for newspapers and   their Web sites crept up a little more than 1 percent in the   second quarter, hurt by retail consolidation and a drop in   automotive classified sales, an industry trade group said on   Thursday.
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Printer maker Lexmark International  said on Tuesday its net profit rose, although revenue fell.
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The Washington Post Co. said yesterday that its fourth-quarter profit was down 7 percent, to $95.5 million from $102.4 million in the fourth quarter of 2005, despite a 10 percent gain in revenue.
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The companyâs second-quarter profit rose 37 percent after factoring in losses from assets it sold, but on a continuing basis results fell on buyout costs at its newspapers.
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MANCHESTER United yesterday reported lower annual profits of Â£27.9m as it warned future results would be affected by a drop in media revenues.
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Publisher and broadcaster Journal Communications said its June revenue grew 1.3 percent as the prior-yearâs results were weighed down by a litigation settlement.
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NEW YORK - Gannett Co., the largest newspaper publisher in the country, reported an 11 percent increase in third-quarter earnings Tuesday on gains in advertising, particularly classified real estate and help-wanted ads.
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Analog chipmaker National Semiconductor Corp.  posted a lower quarterly profit on Thursday as revenue fell 20 percent, but orders rose from the prior period and its shares climbed.
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Cable giant Comcast Corp. on Wednesday posted a smaller third-quarter profit that missed Wall Street expectations, but said digital cable and high-speed Internet subscriptions continued to grow during the period.
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Media conglomerate News Corp.  said on Wednesday its quarterly revenue rose 18 percent, helped by "Borat" box office sales and "X-Men" DVDs, but profit fell due to a one-time gain a year earlier.
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Gannett Co. Inc.  posted higher fourth quarter profit on Friday, boosted by advertising demand at its newspapers and a rise in political ad sales at its TV stations.
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Rupert Murdochâs media company said quarterly profit fell 24 percent from a year earlier, when it had a one-time gain from asset sales.
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Gannett Co. Inc. , publisher of USA Today, said on Wednesday its fourth-quarter earnings would likely be in line with Wall Street forecasts.
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Rupert Murdoch's News Corp (NWSa.N)  posted a moderate rise in fiscal second-quarter profit on  Monday on higher advertising sales at its Fox News channel and  the Fox television network, offsetting a decline in its movie  studio business.
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Media conglomerate News Corp.  said on Wednesday its quarterly sales rose helped by higher "Borat" box office sales and "X-Men" DVDs, but profit fell due to one-time gain a year earlier.
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Time Warner has reported revenue growth of 5% for its third quarter, but net income declined. The company may also have to restate its financial results for 2002 in connection with the investigation of accounting