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Latest APN News & Media Stories

2008-08-14 12:00:35

Australasian media group APN News & Media (APN) has reported expectation-meeting quarterly results and confirmed it was "comfortable" with consensus forecasts for full-year earnings. The group reported a 2.5% rise in revenue to A$624.5m (EUR 366.7m) for the quarter ending June 30, while earnings before interest and tax (EBIT) were almost static at A$139m (EUR 81.6m). APN, in which Belfast Telegraph owner Independent News & Media is a 39.1% shareholder, is one of Australasia's...


Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
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