Thursday, October 9, 2008

Reader's Digest Canada one of few bright spots for parent company

Reader's Digest Canada is one of the few bright spots for Reader's Digest Association, which has posted an operating loss of $337 million for fiscal 2008, compared with a lost of a tenth of that last year. Most of the loss is attributed to writedowns in its school and educuational services division, according to a story published by Folio: According to the report, RDA’s fiscal 2008 net revenue

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