Gannett posts quarterly profit on ad sales rise
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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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News Corp., the media company controlled by Rupert Murdoch, said fiscal first-quarter profit rose 27 percent, partly because advertising sales increased at its cable-television networks including Fox News Channel.
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The radio and billboard giant said net income increased to 65 cents a share, or $320.6 million, from 43 cents, or $211 million, in the year-earlier quarter.
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The advertising services company said fourth-quarter profit rose 13 percent to $313.9 million, slightly ahead of expectations, with revenue increases in the United States and internationally.
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Rupert Murdoch&#39;s News Corp. posted a higher profit Wednesday for its fiscal first quarter, driven by strong revenue gains in its broadcast and cable TV operations.
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The New York Times Co  reported a 6.7 percent rise in profit on Tuesday because of higher national advertising sales and a price increase for its flagship newspaper, sending its shares up as much as 8 percent.
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By staff writers and wires. KERRY Packer&#39;s Publishing and Broadcasting Ltd today reported a 75.4 per cent rise in annual net profit to $688 million with strong ads growth in its television and magazine divisions
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McLEAN, Va. -- Gannett Co., the nation's largest newspaper publisher, said Friday its fourth-quarter earnings rose 3 percent, as record levels of political advertising on its broadcast outlets helped offset higher newspaper costs.
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Tribune Co.  reported a higher quarterly profit on Thursday because of one-time gains, while an extra week in the quarter boosted advertising revenue at the company's newspaper operations.
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Rupert Murdoch&#39;s News Corp. Ltd on Wednesday posted a 28 percent rise in quarterly profit as strong results in newspapers, broadcast and cable television countered weaker
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Outdoor advertising company Clear Channel Outdoor Holdings Inc.  posted higher quarterly profit on Friday, helped by higher revenue.
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RUPERT MURDOCHâS News Corp media empire has posted a 28 per cent rise in quarterly profit as strong results in newspapers, broadcast and cable television countered weaker performances in its film and Italian pay-TV divisions.
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Cisco Systems Inc. said on Tuesday its quarterly net profit rose as customers bought more network equipment in response to growing Internet traffic.
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The News Corporation, the media company controlled by Rupert Murdoch, said yesterday that its fiscal first-quarter profit rose 27 percent, in part because advertising sales increased at its cable networks, like the Fox News Channel.
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DATELINE -- Gannett Co., the largest newspaper publisher in the United States, said Friday its fiscal fourth-quarter profit dropped 31 percent on a decline in broadcasting revenue and weak newspaper ad sales.
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Clear Channel Communications Inc. , which has agreed to be acquired by two private equity firms and the company's founding Mays family, posted better-than-expected quarterly earnings on Friday as radio broadcasting revenue and outdoor advertising revenue rose.
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Gillette Co. (GN: Quote, Profile, Research) on Thursday posted stronger-than-expected quarterly profit, driven by sales of higher-priced products such as its battery-powered M3Power men&#39;s