Media gains shaky as earnings approach
China Daily | Updated: 2009-07-29 08:00
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People walk along Main Street USA at the Walt Disney World Magic Kingdom in Orlando, Florida. Bloomberg News |
LOS ANGELES: Investor confidence in US media companies, whose results this year have done little to inspire a near doubling in share prices since March, will be easily shaken by any sign during the upcoming earnings week that advertising declines are worsening.
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