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CHICAGO (AFX) -- Media and entertainment stocks closed mixed Friday, with Gannett Co. among the gainers after its report of better-than-expected fourth-quarter results.
Gannett shares closed at $63.60, up $2.59, or 4.3%.
Among decliners, CBS Corp. was down modestly to close at $26.80 after it said late Thursday that it plans to divest its theme parks business. Viacom ended the day higher, up 19 cents at $43.29.
In the diversified entertainment group, Time Warner stepped up 1% to $17.29, while Sony added to Thursday's strong gains by tacking on another 4% to $50.30. This story was supplied by MarketWatch. For further information see
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