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NEW YORK (AP) -- Shares of Tree of Knowledge Inc. rose Thursday after the publishing company said its fourth-quarter profit more than quadrupled with cost-cutting moves and changes to its Web-based subscription service.

Tree of Knowledge shares fell 31 cents, or 10.2 percent, to close at $2.73 Thursday. In the past year, the stock has traded between $2.66 and $7.30.

The company earned 18 cents per share, or 26 cents per share on an adjusted basis, on $1.57 billion in revenue.


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