Tribune Co. posted a 93% rise in...
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Tribune Co. posted a 93% rise in its first-quarter profit to $32.2 million, boosted by gains in its publishing, broadcasting and newsprint businesses. Chairman Stanton Cook noted that the first quarter tends to be the company’s weakest. He added that Chicago-based Tribune Co.’s New York Daily News is expected to turn a profit this year. The company also owns newspapers in Newport News, Va.; Ft. Lauderdale, Fla., and its flagship, the Chicago Tribune.
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