Analyst Cuts Belo,Publisher's Shares Drop
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Shares of media company Belo Corp.  BLC.N fell more than 4 percent on Thursday after an analyst  downgraded the stock, citing the company's struggles with a  circulation scandal at its Dallas Morning News newspaper.
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World's biggest printing machine maker lowers its outlook as reduced advertising budgets spell weaker demand.
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Shares of Cott Corp. BCB.TO COT.N  sank as much as 16 percent on Wednesday after the world's  largest maker of store-brand soft drinks reported lower  third-quarter earnings and cut its profit outlook.
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Starting Jan. 2, The Wall Street Journal will shrink in width by 3 inches, to an industry standard of 12 inches, reducing the space devoted to news by 10 percent.
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The layoffs are expected to come by November First, with most coming at Belo&#39;s flagship newspaper, The Dallas Morning News. Belo also says it&#39;s reassessing the future of its Dallas-based Texas Cable News television operation.
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Laboratory Corp. of America Holdings   on Thursday cut its 2007 earnings forecast after Aetna  Inc.  terminated its LabCorp contract, sending shares in  the diagnostic services company down by as much as 11 percent.
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Tribune lowers its Q3 guidance, sending the whole media sector lower.
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Belo (BEE&#39;-loh) Corporation has acknowledged improper circulation reporting at its main newspaper -- The Dallas Morning News. Belo has received an informal inquiry from the SEC and the company is responding to it.
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Belo Corp. BLC.N said on Friday that  quarterly profit fell 64 percent, weighed down by costs  connected to a recent scandal involving inflated circulation  data at its Dallas Morning News newspaper.
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NEW YORK (CBS.MW) -- Shares of Citigroup fell after a Merrill Lynch analyst downgraded the Dow Jones Industrial Average component early Monday.
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Rupert Murdoch&#39;s News International said  on Wednesday it was cutting jobs at its four national British  newspapers to reduce costs amid ongoing revenue pressures in  the industry.
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The company lowers its fourth-quarter and full-year earnings guidance.
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DALLAS -- Belo Corp. said yesterday that it would cut 250 jobs, more than half of them at its flagship newspaper, The Dallas Morning News, and that an internal investigation into circulation overstatements
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Shares in Lenovo , which bought IBM's ailing personal computer business in 2005, dived more than 14 percent on Wednesday after a broker cut the Chinese firm to sell on growing fears of a U.S. recession.
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Dow Jones & Co.  on Wednesday cut its earnings forecast for the current quarter, citing weakness this month in key advertising categories at its flagship newspaper The Wall Street Journal, sending shares down 3 percent.
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Shares of Pfizer Inc. PFE.N closed  down more than 2 percent on Monday after an analyst lowered her  investment rating on the world's largest pharmaceutical  company's stock.
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Company cites weak Wall Street Journal ads, analysts predict weak results at other newspaper chains. NEW YORK  - Dow Jones &amp; Co.