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Media gains shaky as earnings approach

China Daily | Updated: 2009-07-29 08:00

Media gains shaky as earnings approach

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.

Media gains shaky as earnings approach

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