Tribune Co. Operating Profit Declines 18%
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The Tribune Company said yesterday that operating profit fell 18 percent in the third quarter and that circulation dropped at The Los Angeles Times, partly because of a more conservative
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Tribune's month-after-month revenue slide continues, further threatening the buyout.
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Tribune Co , which is going private in an $8.2 billion deal led by Chicago real estate tycoon Sam Zell, on Wednesday reported lower quarterly profit and revenue as advertising sales fell at its newspapers.
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The newspaper publisher and television station operator said third-quarter profit fell to $2.5 million as ad revenue slumped.
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Washington Post Co.  said on Wednesday its fourth-quarter profit fell 7 percent, dragged down by charges and a profit decline at its newspaper division.
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Mounting losses at U.S. arm Chrysler   forced DaimlerChrysler DCXGn.DE to cut its 2006 operating   profit forecast by around 1 billion euros ($1.27 billion) on   Friday, sending its shares skidding lower.
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Newspaper company Pulitzer Inc.  PTZ.N on Monday said quarterly profit fell as a result of  costs associated with its plan to explore a sale of the  company, but revenue rose on improved advertising.
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The newspaper publisher and television station operator said fourth-quarter profit dropped 70 percent, hurt by a write-down and less political advertising revenue.
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Noble Energy Inc.  said on  Thursday its fourth-quarter profit fell as weakness in natural  gas prices weighed on results.
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Noble Energy Inc.  said on Thursday its fourth-quarter profit fell as weakness in natural gas prices weighed on results.
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New York Times Co., the third-largest US newspaper publisher, said third-quarter profit fell 4 percent as advertising revenue at its flagship newspaper lagged and costs for newsprint and a new Sunday magazine rose.
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Profit fell 94 percent in the third quarter as sales fell in the companyâs cell phone business, but it forecast better-than-expected fourth-quarter results.
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The package courier said its second-quarter profit fell 6 percent from a year ago, largely because of high fuel costs.
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Time Warner Inc., the world&#39;s largest media company, said third-quarter profit fell 7.8 percent after it set aside $500 million to resolve government investigations into its accounting practices at America Online.
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Publisher and broadcaster Tribune Co.  on Wednesday said third-quarter earnings would lag Wall Street estimates because of lower-than-expected publishing and broadcasting revenue.
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Warehouse retailer Costco Wholesale Corp. said Thursday its second-quarter profit declined 16 percent as costs grew faster than revenue.
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Union Pacific Corp , the No. 1 U.S. railroad, lowered its fourth-quarter earnings outlook by roughly 20 cents per share on Wednesday due to rapidly rising fuel costs, sending its shares down as much as 6 percent.