Story Stocks: AOL (NYSE:AOL), Dish Network (NASDAQ:DISH), Berkshire Hathaway (NYSE:BRKA), News Corp (NASDAQ:NWSA)
August 09, 2011 at 11:38 AM EDT
AOL (NYSE:AOL), the Internet company that purchased the Huffington Post in March, said its second-quarter loss narrowed as an increase in advertising helped overcome the continuing decline in subscriptions to Web access. Net loss shrank to $11.8 million, or 11 cents a share, from $1.06 billion, or $10.02, a year earlier. Sales slid 8.4 percent to $542.2 million, New York-based AOL said today in a statement, topping the $530.8 million average of estimates. -Bloomberg Satellite television provider Dish Network (NASDAQ:DISH) said that its second-quarter profit rose 30% to $335 million, or 75 cents a share, from $257 million, or 57 cents a share, a year earlier. Revenue for the quarter grew 13% to $3.59 billion. The group said . . . → Read More: Story Stocks: AOL (NYSE:AOL), Dish Network (NASDAQ:DISH), Berkshire Hathaway (NYSE:BRKA), News Corp (NASDAQ:NWSA)