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Dow Jones & Co.: The New York-based...

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Dow Jones & Co.: The New York-based publishing and communications firm posted a second-quarter profit of $48 million, down 2% from a year ago. Revenue totaled $438 million, up 6%. The results reflected a 9% decline in operating income in its business publications segment as revenue inched up 0.1%, reflecting a slump in financial advertising. Ad linage was off 6% at the Wall Street Journal and 17% at Barron’s.

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