News Corp. shares drop 6% on a cut in results forecasts

Article Abstract:

News Corp. saw its share value fall by 6% after the forecasts for tis 2000-01 revenues and operating income was lowered. The firm reduced by $96 million (102.7 million euros) to $14.7 billion its revenue estimates for the period.

Australia, The News Corporation Ltd., NWS

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Dow Jones cuts earnings projections and plans to reduce its work force

Article Abstract:

Dow Jones and Co. lowered its earnings forecasts for the 2001 first-quarter to 16 US cents to 20 cents per share, compared to 88 cents during the same period in 2000. The company is also planning to downsize its work force.

United States, Labor force information, Planning, DJ, Layoffs, Dow Jones & Company Inc.

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Trinity Mirror warns of slower growth, volatile conditions

Article Abstract:

Trinity Mirror PLC is forecasting lower growth and unstable trading conditions. The company, a publisher based in the United Kingdom, is not expecting advertising levels to increase in the near future.

United Kingdom, Strategy & planning, Trinity Mirror Digital Media Ltd.

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