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ENTERTAINMENT PUBLICATIONS <EPUB> SEES LOSS |
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Entertainment Publications |
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Inc said it expects an after-tax loss of 31 cts a share in its |
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third quarter from the disposal of three units it closed. |
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The company said its board approved a plan to discontinue |
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the operations of three subsidiaries, which are primarily |
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involved in direct mail marketing. |
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"The discontinued units were not likely to meet the growth |
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and profit goals of the company in the future," Entertainment |
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Publications said. |
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The three units lost 900,000 dlrs, or 19 cts a share in the |
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six months ended December 31. |
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