Belo 2Q profit drops 61 pct, restates 2007, 2008 results due to accounting error
July 31, 2009
DALLAS — TV station owner Belo Corp. reported a 61 percent drop in second-quarter profit Friday as advertising revenue fell, especially from the struggling auto sector.
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Belo 2Q profit drops 61 pct, restates 2007, 2008 results due to accounting error
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