Wednesday, May 6, 2009

A. H. Belo newspaper business loss sharp rise in quarter

Newspaper company AH Belo Corp. Announced that the first quarter, losses, mainly with the decline in advertising revenues and “Providence Journal” derogatory incurred large costs. Belo also published well-known newspaper, “Dallas Morning News” and so on.

The company announced full-quarter loss of 103.1 million U.S. dollars, or 5.03 U.S. dollars per share, significantly more than the same period last year loss of 8.7 million U.S. dollars, or 43 cents per share.

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