Tuesday, November 27, 2007

Tribune's October revenues down 9.3% *

Publishing revenues fell 7.9% in the year-ago month. Advertising revenues continue to slide, dropping 7.8% for the month, with the worst performance coming from classified advertising, which fell by 19.2%.

Shares in the company fell $1.23, or 4.3 percent, to $27.37 Tuesday.

More at Chicago Tribune, CNNMoney.com

*Update: Did Tuesday's cancelled FCC meeting spook investors too?
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