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Archive Home > 2009 > August > 06 > News Corp. loss hits $203M on writedown

News Corp. loss hits $203M on writedown


August 6, 2009

NEW YORK " Global media company News Corp. said Wednesday that net loss for the fiscal fourth-quarter hit $203 million because of impairment charges at MySpace, while its operating profit for the year was slightly worse than it predicted due to the weak economy. The net loss of 8 cents per....

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