Juno’s Loss Grows
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Juno Online Services Inc., the Internet service provider controlled by hedge fund manager David Shaw, said its fourth-quarter loss widened as revenue more than doubled to $18.1 million from $8 million. New York-based Juno said it had a loss of $15.7 million, or 45 cents a share, compared with $7.7 million a year earlier, when it was a closely held partnership. Juno shares closed up $3.63 at $41.63 on Nasdaq after rising as high as $48.63.
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