Thursday, October 19, 2006

Tribune 3Q Earnings Up on One-Time Gain

CHICAGO (AP) -- Newspaper and TV station owner Tribune Co. reported sharply higher third-quarter earnings Thursday, thanks to a gain from the restructuring of partnerships it inherited when it bought Times Mirror, an acquisition which resulted in a large charge in last year's third quarter.

Excluding the one-time gain, earnings were below Wall Street's expectations.

Jump to complete story.

No comments:

Post a Comment

For now, we're opening this blog to Anonymous comments. This will continue as long as civility rules. Disagree as you may, just keep it clean and stay on topic. No profanity, and no name calling. We reserve the right to moderate such comments, though the person who made it may come back and reword their message in a more civil way.