Discovery Communications Q1 sales increased 16 percent to $1.1 billion...
Discovery Communications Q1 sales increased 16 percent to $1.1 billion from a year earlier, the company said. Profit fell 27 percent to $222 million on higher costs and a one-time gain recorded in the year-earlier period. The company said it…
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expects total 2012 sales of $4.55 billion to $4.65 billion and adjusted operating income before income tax, depreciation and amortization of $2.125 billion to $2.2 billion. Shares fell 6 percent Tuesday.