COMPANY TOWN ANNEX

* Infinity Broadcasting Corp., the radio and outdoor-advertising arm of CBS Corp., said its second-quarter profit jumped 49% to $100 million, or 12 cents a share, as revenue climbed 31% to $597 million. Infinity said profit and cash flow growth were fueled by greater demand for ad time on its radio stations and ad space on its outdoor displays, particularly among start-up Internet companies looking for exposure.