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Crown Media Holdings (CRWN Quote) gained ground after the Colorado-based pay-television channel operator narrowed its fourth-quarter loss.
The company, which operates and distributes the Hallmark Channel, reported a loss of $59.8 million, or 57 cents a share, compared with a loss of $129 million, or $1.23 a share, a year ago. Revenue rose 39% to $60.5 million. Shares of Crown advanced 47 cents, or 8.3%, to $6.15.
LoJack (LOJN Quote) shares were higher on news the company will replace Intrado (TRDO Quote) in the S&P SmallCap 600 after the close of trading on April 4. Intrado is being acquired by West Corp. (WSTC Quote) in a deal expected to close on or about that date. ...
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