Wednesday, July 25, 2007

Tribune quarterly profit, revenue fall

(Reuters) - Second-quarter net income declined to $36.3 million, or 18 cents a share, from $87.8 million, or 28 cents a share, a year earlier.




Tribune earned 17 cents a share from continuing operations, including a charge of 8 cents a share for cutting 450 publishing and corporate jobs, 7 cents a share for writing off Los Angeles Times plant equipment and a net non-operating loss of 15 cents a share.


Read more at Reuters.com Bonds News

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