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Hearst-Argyle Misses
Hearst-Argyle Television(HTV Quote) missed second-quarter targets Thursday.
The large TV stations group said that it earned $25 million, or 27 cents a share, for the quarter ended June 30. That compares with a profit of $65.6 million, or 68 cents a share, last year. Revenue for the quarter rose 3% to $194 million.
Analysts polled by Thomson Financial were looking for the company to earn 29 cents a share on $199.6 million in revenue. ...
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