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 Knight-Ridder Inc. said 
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third-quarter earnings jumped 18%,
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 partly because of the sale of two of its media properties.
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 The media concern said 
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net income rose to $37.8 million, or 72 cents a share, from $32 million, or 57 cents a share, in the year-earlier period.
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 The latest results include a gain of $4.2 million, or eight cents a share, on the sale of television stations in Oklahoma City and Flint, Mich.
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 Revenue increased 7.5% to $540.9 million from $503.1 million.
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 Robert F. Singleton, Knight-Ridder's chief financial officer, said 
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the company was pleased with its overall performance, despite only single-digit growth in newspaper revenue. 
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That division's revenue rose 2.3% to $472.5 million from $461.9 million in the year-ago period.
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 Gains in advertising revenue, however, resulted in operating profit of $78.4 million 
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-- up 20% from $65.6 million.
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 In New York Stock Exchange composite trading, Knight Ridder closed at $51.50 a share, down 12.5 cents.
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