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Lions Gate profit boosted by 'Hunger Games', 'Now You See Me'

(Reuters) - Film distributor Lions Gate Entertainment Corp reported a better-than-expected rise in quarterly earnings due to the success of "The Hunger Games: Catching Fire", "Escape Plan" and "Now You See Me". Third-quarter earnings more than doubled to $88.8 million, or 59 cents per share, from $37.8 million, or 27 cents per share, a year earlier. Excluding items, the company earned 64 cents per share in the three months ended December 31. Revenue jumped 13 percent to $839.9 million.

Activision Blizzard's fourth-quarter income beats Street view

SAN FRANCISCO (Reuters) - Video game maker Activision Blizzard Inc reported better-than-expected fourth-quarter income driven by strong sales of its "Call of Duty" titles during the holiday period. The shares rose 7 percent in after-hours trading after closing at $17.17 on the Nasdaq on Thursday. For the first quarter ending March 31, the videogame maker forecast a profit below industry analyst targets, calling for earnings, excluding items, of 9 cents a share, versus an average forecast of 11 cents a share.

Lee Enterprises posts 18 pct drop in fiscal 1st-qtr net income as revenue declines

DAVENPORT, Iowa - Lee Enterprises says its fiscal first-quarter net income fell 18 per cent as revenue slipped. For the quarter ended Dec. 29, the Davenport, Iowa-based publisher earned $11.9 million, or 22 cents per share. That compared with $14.6 million, or 28 cents per share, in the same quarter a year earlier. Excluding special charges related to discontinued operations, the company says it earned $12.8 million, or 24 cents per share, up from an adjusted $10.5 million, or 20 cents per share, a year earlier.

New York Times posts 63 pct drop in 4th-qtr net income, but adjusted results beat expectations

NEW YORK, N.Y. - The New York Times Co. said Thursday its fourth-quarter net income tumbled 63 per cent, hurt by comparisons with the same period a year earlier that saw a hefty one-time gain and an extra week of revenue. The company's earnings still beat Wall Street predictions. In early afternoon trading, Times Co.'s stock rose 52 cents, or 4 per cent, to $14.36. Times Co. earned $65.6 million, or 41 cents per share, in the final quarter of 2013. That compared with $178.1 million, or $1.15 per share, in the same quarter of 2012.

NY Times sees ad declines, boosts subscribers

The New York Times Co. said Thursday core earnings in the past quarter were lifted by gains in online subscriptions, helping offset declines in print and digital ad revenues. Results reported Thursday showed a fourth quarter profit of $65.6 million, compared with $178 million in the same period a year earlier, which was largely from a one-time gain from spinning off its stake in an online jobs website. Total fourth-quarter revenues fell 5.2 percent to $443.9 million with circulation revenues down 3.9 percent and advertising revenues falling 6.3 percent.

Disney 1st-quarter earnings, revenue boosted by 'Frozen' movie, 'Infinity' game

LOS ANGELES, Calif. - The Walt Disney Co. on Wednesday reported earnings and revenue for the holiday quarter that beat Wall Street's expectations, helped by movie hits like "Frozen" and sales of its "Disney Infinity" console game. Net income in the fiscal first quarter through Dec. 28 rose to $1.84 billion, or $1.03 per share, from $1.38 billion, or 77 cents per share, a year ago. Excluding restructuring charges and other items, adjusted earnings came to $1.04 per share, beating the 92 cents expected by analysts polled by FactSet.

Canfor Pulp Q4 earnings more than double; company credits improve global markets

VANCOUVER - Canfor Pulp Products Inc. (TSX:CFX) credits an improvement in global softwood markets for helping post higher much higher revenue and earnings in the fourth quarter. The Vancouver-based pulp and paper producer says net income in the three month to Dec. 31 was $14.2 million, or 20 cents per share, up from $5.4 million, or eight cents per share, in the same 2013 period. Revenue rose to $245.6 million from $201.9 million.

Canfor Pulp Q4 earnings more than double; company credits improve global markets

VANCOUVER - Canfor Pulp Products Inc. (TSX:CFX) credits an improvement in global softwood markets for helping post higher much higher revenue and earnings in the fourth quarter. The Vancouver-based pulp and paper producer says net income in the three month to Dec. 31 was $14.2 million, or 20 cents per share, up from $5.4 million, or eight cents per share, in the same 2013 period. Revenue rose to $245.6 million from $201.9 million.

Disney expects second-quarter loss at interactive unit - CFO

LOS ANGELES (Reuters) - Walt Disney Co will report a loss in its interactive game unit in its next quarter because it won't have new games to sell, Chief Financial Officer Jay Rasulo said Wednesday during the company's earnings call with analysts. Rasulo said the quarter would be comparable to the $54 million loss the unit reported in last year's second quarter. He did not specify the size of the loss.

Nasdaq reports higher fourth-quarter earnings

(Reuters) - Transatlantic exchange operator Nasdaq OMX Group Inc <NDAQ.O> on Wednesday reported a higher fourth-quarter profit, helped by increased revenue from recent acquisitions. Net income attributable to Nasdaq totaled $141 million, or 81 cents per share, up from $85 million, or 50 cents per share, a year earlier. (Reporting by John McCrank; Editing by Jeffrey Benkoe)
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