Janus reported third quarter net income of $12.2 million, or 7 cents a share, down from $29.5 million, or 25 cents a share in the third quarter of 2006, MarketWatch reports. Janus took a charge in the quarter for selling its unprofitable printing business, Rapid Solutions Group, which lost $38.6 million during the quarter.

Excluding that, Janus would have posted net income of $50.8 million, or 29 cents a share, which would have been a 72% increase in profits.

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