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Dogan Yayin Declines in Istanbul After 2011 Loss Widens

Dogan Yayin Holding AS, a Turkish media holding company, fell in Istanbul after reporting a loss of 1.2 billion liras ($667 million) last year, exceeding estimates.

Dogan Yayin dropped 1.2 percent to 82 kurus at the close in Istanbul.

The company was expected to report a loss of 1.1 billion liras, according to the average of four analyst estimates compiled by Bloomberg. It posted a loss of 237 million liras in 2010.

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