Tribune Company today reported first quarter 2008 earnings from continuing operations of $1.82 billion compared with $11 million in the first quarter of 2007.
– Completed combination with Altivity Packaging, LLC (“Altivity”) on March 10, 2008; therefore, the first quarter 2008 includes approximately three weeks of Altivity results.
Sun-Times Media Group, Inc. (NYSE: SVN) today reported a net loss of $35.8 million, or $0.44 per share, for the first quarter ended March 31, 2008, compared with a loss of $4.8 million, or $0.06 per share, in the first quarter of 2007. The Company reported an operating loss of $25.8 million in the first quarter of 2008, compared with operating income of $5.7 million in the first quarter of 2007.
The Chairman of TietoEnator’s Board of Directors, Matti Lehti (born 1947) has informed the company that he will resign from the Board due to health reasons.
– Total reported revenues reached $168.9 million, an increase of 78.4% over the prior year.
Increased Gross Margins; Reduced Operating Expenses
Natalie Somerville appointed as Strategic Marketing Consultant
