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	<title>Stock Blog Hub &#187; HPOL</title>
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		<title>(HPOL) Harris Interactive Faces Tough Times</title>
		<link>http://www.stockbloghub.com/2009/08/21/hpol-harris-interactive-faces-tough-times/13108</link>
		<comments>http://www.stockbloghub.com/2009/08/21/hpol-harris-interactive-faces-tough-times/13108#comments</comments>
		<pubDate>Sat, 22 Aug 2009 02:00:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Internet Software & Services]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Harris Interactive Inc.]]></category>
		<category><![CDATA[HPOL]]></category>

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		<description><![CDATA[Harris Interactive (HPOL), a leading global custom market research firm, yesterday reported fourth-quarter revenue of $43.5 million, down 31.5% from a year ago primarily due to the weak economy. Management said that the global recession had significantly hurt the market research industry, especially in the U.S., where Harris generates over 60% of its business. Quarterly net loss was $0.7 million, or 1 cent per share, compared with a year-ago net loss of $85.7 million, or $1.61 per share. For fiscal 2009, Harris posted sales of $184.3 million, down 22.8% from a year earlier. Net loss came in at $75.3 million, or $1.41 per share, compared to a net loss of $84.6 million in fiscal 2008. Management had adopted aggressive cost-cutting measures to align its cost structure with revenue. The company ]]></description>
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