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Commentary: Viacom's profit rises, but stock falls
June 17, 2008 Imagine your company grew revenue by at least 18% over the past two years with nice profit gains to boot and had "buy" recommendations on its shares from many analysts. After all, it is his company that has seen this startling divergence between positive financial momentum and stock price sorrow. Sure, a weak U.S. economy and concerns about the digital future have been drags on shares of many big media and entertainment companies.
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