NEW YORK — Media conglomerate Time Warner Inc. said Wednesday its second-quarter profit shrank 34 percent as the ad slump and slow DVD sales hurt revenue in the company’s publishing, movie and online properties.
But the New York-based c…
Posts Tagged ‘2q’
Starhill Global REIT achieves DPU of 1.9 cents for 2Q
July 29th, 2009 |
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Starhill Global REIT says it has achieved a distributable income of $18.4 million for 2Q 2009.
Distribution Per Unit (DPU) for the period 1 April to 30 June 2009 was 1.90 cents, 6.7% higher compared to the 1.78 cents achieved in 2Q 2008.
On an annualised basis, Starhill Global says the latest distribution represents a yield of 12%.
New York Times Reports $39.1 Million 2Q Profit
July 23rd, 2009 |
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NEW YORK — The New York Times Co. said Thursday its second-quarter profit climbed nearly 85 percent, bucking predictions of another loss even as its ad revenue plunged. Its stock soared in premarket trading.
The company offset its worse…
McClatchy Doubles 2Q Profit
July 21st, 2009 |
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SACRAMENTO, Calif. — Newspaper publisher McClatchy Co. said Tuesday that layoffs and other cost-cutting helped it double its second-quarter profit despite a continued plunge in advertising.
McClatchy’s results defied predictions of anot…
Sybase Grows Database Business in 2Q
July 21st, 2009 |
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Sybase reported a strong second quarter 2009, with profits increasing 26 percent year-over-year. Some of that can be attributed to its database business, which released a new version of Sybase IQ earlier this year.
– Sybase reported double-digit growth in its database business as part of a solid second quarter 2009.
According to the company, database license revenue increased 23 percent year-over-year. Overall, Sybases second quarter profit jumped 26 percent to $37.6 million, up from $29.8 million a year ear…