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The surprising results -- earnings per share beat analyst forecasts by about 15 percent -- come during a major repositioning at Time Warner, which has spun off Time Warner Cable Inc and will spin off Internet operation AOL in December. Full Article at International Business Times
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NEW YORK (Reuters) - Time Warner Inc posted a higher-than-expected quarterly profit and raised its full-year earnings forecast in a sign that advertising sales at cable networks such as TNT are recovering and cost cutting at the Warner Bros film studio... Full Article at The New York Times
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Time Warner said its business outlook has improved on a better-than-expected quarter. Full Article at Fortune
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NEW YORK Media conglomerate Time Warner Inc. reported a 38 percent drop in third-quarter profit, hurt by declines at its AOL and publishing segments.</p><p>But the results beat expectations and the company is boosting its full-year earnings forecast.</... Full Article at KansasCity.com
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NEW YORK Media conglomerate Time Warner Inc. reported a 38 percent drop in third-quarter profit, hurt by declines at its AOL and publishing segments.</p><p>But the results beat expectations and the company is boosting its full-year earnings forecast.</... Full Article at KansasCity.com
Related Quotes
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The steps we took to increase market share ... are starting to pay off as are our restructuring efforts ... As I look ahead, I am seeing some encouraging trends in most of our business.
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Cost containment has been thematic to the Jeff Bewkes regime ... He demonstrated this hawkish ability to keep an eye on costs once again.
