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Carlton profits jump 10%

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Despite increased competition in U.K. television and a lackluster video market, Carlton Communications posted a 10% rise in pretax profits to £326.7 million ($552 million) for the year ended…

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Dow making rapid recovery

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Just five weeks after Wall Street's 554-point sell-off, the market closed up 18.15 points to 8050.16 Thursday, up 12% since Black Monday and taking the Dow to within flirting distance of its all-time…

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Lesourd out at ABC Radio

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Maureen Lesourd, the embattled prexy and G.M. of the Disney-owned ABC Radio stations KABC, KTZN and KLOS-FM whose 19-month tenure was marked by high-profile format changes, demotions and firings, has…

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Eisner trades up

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The Walt Disney Co. announced Wednesday that chairman Michael Eisner has sold roughly 4 million shares of Disney stock, following his exercising of options on some 7.3 million shares granted in…

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