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Media General’s 18 TV stations helped offset the financial struggles of its 23 newspapers in the first quarter of this year, the company announced today in its quarterly earnings report. Media General reported $3.2 million of operating income for the first quarter of 2012 compared with an operating loss of $4.2 million for the same period last year.  The company’s total revenue for the quarter was $150 million, up 0.
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First Data has reported its financial results for 2Q2012. Consolidated revenue for the second quarter was $2.7 billion, down $64 million, or 2%, compared to a year ago on a $92 million decline in debit network fees partially offset ... Read Post

First Data has reported its financial results for 3Q2012. Consolidated revenue for the third quarter was $2.7 billion, down $58 million, or 2%, compared to a year ago on a $73 million decline in debit network fees partially offset b... Read Post

Home improvement retailing giant Home Depot reported strong first quarter earnings this morning, citing the recovering housing market as a key driver. Earnings per share were $0.83 versus analysts' consensus prediction of $0.77. Rev... Read Post