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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…

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…

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…

Amazon Reaches New Deal With AOL

SEATTLE -- Amazon.com Inc. posted a narrower-than-expected loss from operations in the second quarter and said it remains on track to post its first profit from operations in the fourth…

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…

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