Tuesday, April 3, 2007

Corus swings to 2nd-quarter profit, hikes dividend

(Reuters) - TORONTO, April 3 - Canadian radio and specialty TV group Corus Entertainment Inc. reported a profit in its second quarter on Tuesday, compared with a loss a year earlier due to a large debt refinancing loss.

Corus, which also owns the Nelvana animation house, earned C$19.5 million, or 45 Canadian cents per share diluted.


Read more at Reuters.com Market News

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