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Newspapers Drive News Corp.
News Corp. (NWS Quote) said second-quarter earnings were up 51% from a year earlier, with solid revenue growth across its divisions.
The media company had net profit of $361 million, or 30 cents a share, compared with $239 million, or 24 cents a share, last year. Analysts were expecting 28 cents, according to Thomson First Call.
Revenue in the quarter increased 19% to $5.59 billion from $4.68 billion in the year-ago period. ...
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