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Home Front Economy |
Washington Post profit falls 77 percent in 4th qtr |
2009-02-26 |
The Washington Post Co.'s reeling newspaper and magazine divisions stumbled again in the fourth quarter, extending an earnings slump that would have been even more disconcerting if not for the stability of the company's education and cable TV businesses. The publisher of The Washington Post and Newsweek magazine said Wednesday that it made $18.8 million, or $2.01 per share, during the final three months of last year. |
Posted by:Fred |
#4 Oh dear. How will poor Sally Quinn be able to afford her to-die-for cocktail soirees? |
Posted by: Cornsilk Blondie 2009-02-26 18:52 |
#3 P2K, Especially ironic since the Chron just filed for bankruptcy. |
Posted by: Jack is Back! 2009-02-26 11:21 |
#2 The irony of the San Francisco Chronicle reporting this is truly entertaining. |
Posted by: Procopius2k 2009-02-26 08:52 |
#1 GOOD |
Posted by: GolfBravoUSMC 2009-02-26 06:21 |