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Even the liars are suffering under Obama's change.CBS Corp. said Thursday its second-quarter net profit fell sharply as softness in the advertising market continued. Yet the broadcast network saw early signs of recovery during the quarter."We continue to believe that the back half of the year will be considerably stronger than the first," CBS Chief Executive Leslie Moonves said in a statement.Net profit in the April-June quarter dropped 96 percent to $15 million, or 2 cents per share, from $408 million, or 61 cents per share, a year earlier.How do you like that stimulus CBS?Well this might be something to celebrate!
Even the liars are suffering under Obama's change.
CBS Corp. said Thursday its second-quarter net profit fell sharply as softness in the advertising market continued. Yet the broadcast network saw early signs of recovery during the quarter.
"We continue to believe that the back half of the year will be considerably stronger than the first," CBS Chief Executive Leslie Moonves said in a statement.
Net profit in the April-June quarter dropped 96 percent to $15 million, or 2 cents per share, from $408 million, or 61 cents per share, a year earlier.
How do you like that stimulus CBS?
Well this might be something to celebrate!
