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News Corp profit falls, lowers outlook (Reuters)

Started by riky, November 06, 2008, 12:01:18 AM

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riky

November 06, 2008, 12:01:18 AM
News Corp profit falls, lowers outlook
    (Reuters)

 


Reuters - Rupert Murdoch's News Corp cut its full-year outlook and posted a sharper-than-expected 30 percent drop in quarterly profit, as advertising revenue declined at its local television stations.


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