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IPG Forecasts 2001 Earnings Will Fall Short

NEW YORK -- Interpublic Group of Cos. swung to a net loss in the second-quarter on one-time charges, as earnings from operations met the company's lowered target. The company…

Viacom 2nd Qtr. Robust

NEW YORK -- Viacom Inc. swung to a profit in the second quarter, paced by improved cash flow in its cable networks, television and entertainment segments. Viacom on Thursday reported…

Primedia's 2nd-Quarter Doesn't Measure Up

NEW YORK -- Primedia Inc.'s second-quarter loss widened more than expected, hurt by charges, acquisition costs and a slump in business-to-business advertising. Primedia, publisher of New York and Seventeen magazines,…

NYT Ups From Within

NEW YORK -- New York Times Co. named Gerald M. Boyd managing editor of its flagship newspaper, the New York Times, effective in September. Mr. Boyd, who has been deputy…

AT&T, AOL Discuss Cable-TV Merger

NEW YORK--AT&T Corp., looking to fend off an unsolicited suitor for its cable business, is in preliminary talks with AOL Time Warner Inc. about a friendly deal to merge the…

USA Networks Beats Expectations

NEW YORK -- USA Networks Inc. posted a narrower-than-expected loss for the second quarter, helped by growth across its diverse businesses. The cable and e-commerce company Wednesday posted a net…

Reader's Digest Falls Short Of Profit Goals, Will Trim Work Force

PLEASANTVILLE, N.Y. -- Reader's Digest Association Inc. warned that earnings for its fiscal fourth-quarter and the first quarter of fiscal 2002 will come in well below its previous estimates, and…

Martha Stewart 2nd Qtr. Net Income Meets Expectations

NEW YORK -- Martha Stewart Living Omnimedia Inc. reported a 13% drop in second-quarter net income and cautioned that results for the full year will miss estimates. Martha Stewart Living…

Excite Posts Narrower Net Loss, Still Needs Funding

REDWOOD CITY, Calif. -- Excite at Home Corp. reported a smaller second-quarter net loss, but said it needs additional funding before the end of the year. The Internet-service provider posted…

Survey Sez Parents Rely On TV Ratings Over V-Chips

LOS ANGELES -- U.S. parents rely more on television ratings and less on the high-tech V-chip to choose the shows their children watch, according to a survey released Tuesday. While…

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