Morgan Stanley Cuts 1,200 Jobs
Summary: A poor third quarter earnings report has left Morgan Stanley scrambling to reduce expenses by cutting jobs to make weak performing departments align with…
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Sinclair Earnings Increase Due to Political Advertisements
The Sinclair Broadcast Group Incorporation is enjoying the increase in earnings for the second quarter, with earnings that have increased by a whopping total of…
CBS Experiences Major Boost In Advertising In 4Q 2010
CBS, home of popular shows like CSI and Charlie Sheen’s Two And Half Men, experienced a boost in earnings during the fourth quarter of 2010…
AOL Chief Executive Anticipates ‘Comeback’ In 2011
In 2010, AOL, once the biggest name on the Internet, posted a net loss of $782.5 million, or $7.42 per diluted share. That's quite a…
Could Advertising Fund The Next Mission To Mars?
According to a Rhawn Joseph, scientist with the Brain Research Laboratory in California, the next space shuttle mission could be almost completely funded by advertising.…
Print Ad Revenue to Decrease in 4th Quarter- New York Times
The New York Times Co. expected to see a decrease in the overall print advertising revenue during the fourth quarter of 2010. The publisher said…
News Corp. Posts 36% Jump In Earnings
News Corp. reported a 36% climb in earnings for its first quarter in the new fiscal year. News Corp. posted a net of $775 million,…
Gannett Co Inc. Stock Falls 11 Percent; Ad Revenue Down 5 Percent
Gannett Co Inc. saw its stock fall around 11 percent on Friday after third-quarter reports showed a drop in overall ad revenue. The company posted…
Telecommunications Company, Teltronics, Suffers 47 Drop In Revenue
Teltronics recorded a 47 percent drop in revenue in it’s second quarter reports and is saying that layoffs will occur. The telecommunications company reported a…
Clear Channel Posts $86.3 Million Net Loss During 2nd Quarter 2010 And $1.49 Billion In Revenue
Clear Channel Communications Inc’s parent company, CC Media Holdings Inc’s second quarter revenues have been released. Reports show that the company finished the second quarter…
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