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Monster.com earns profit for its parentnews
Our Convergence Bureau
06 November 2001

New York: The online job-search website Monster.com has earned for its parent firm, TMP Worldwide, a 35-per cent growth in profit for the third quarter, belying a widespread skepticism about the future of dotcoms.

The advertising and marketing firm TMP Worldwide reported a profit of $39.6 million, excluding merger and integration charges, compared with $29.1m in the same quarter last year. Though TMPs commissions and fees reported a 5-per cent decline, its income from the interactive division, which includes Monster.com, rose 38 per cent.

Microsoft has named Monster.com as its premier provider of career content for its Internet service. TMP has decided to replace its chief financial officer Bart Catalane with Monster.com president Bob OConnell.



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Monster.com earns profit for its parent