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USA Beats Estimates as Loss Widens

10/26/00 - 10:10 AM EDT

The third-quarter loss amounts to 10 cents a share.

Third-quarter earnings beat estimates as the media firm brushes off slowdown 'noise.'

One analyst expects evidence of the slowdown to be more apparent in fourth-quarter results.

A deal with Tribune bolsters the Sports Illustrated publisher's industry-leading portfolio.

Third-quarter earnings are in line with estimates.

A positive earnings preannouncement fails to breathe life into a weak stock.

Disney's Litvack Departs

10/12/00 - 03:48 PM EDT

The high-ranking executive is leaving to take on other opportunities, the media giant says.

Media stocks have been weak over the last year as ad sales have slowed.

Despite a weeklong rally, the stock is sharply off its highs and investors lack confidence in it.

The executive had run the media giant's Australian and U.S. print operations.

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