Associated Press | Tribune Co.
Tribune's net income after paying preferred dividends jumped to $239.1 million from $132.3 million during the same period a year ago. The Q4 report includes charges of 3 cents a share for job cuts and to shut down a printing facility, as well as gains totaling 31 cents a share on the sale of Tribune's corporate airplane, its phones segment and related Time Warner investment, as well as on the sale of the company's investment in BrassRing.
TRIBUNE RELEASE: For the full year 2006, Tribune reported diluted earnings per share from continuing operations of $2.39 compared with $1.63 in 2005.
