Time Warner Net Falls on Legal Reserve
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Time Warner Inc. (TWX.N: Quote, Profile, Research) , the world&#39;s largest media company, on Wednesday reported an 8 percent drop in third-quarter net profit as it set up a
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Time Warner Inc  forecast on Wednesday profit growth to slow but possibly exceed analyst estimates in 2008 after reporting quarterly earnings that reflected increases in broadband and phone subscribers and sales of "Harry Potter" and "300" home videos.
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Stock futures fell on Wednesday, indicating a dip on Wall Street after Internet media company Yahoo  reported a drop in quarterly profit and ahead of the Federal Reserve's rate decision.
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Media giant Time Warner Inc. TWX.N  will pay fines of $210 million under an agreement with the U.S.  government to be announced on Wednesday to settle charges that  its America Online unit inflated revenue, a Justice Department  official said.
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Investors in Time Warner Inc. ,  whose shares touched a two-year low in mid-July, are seeking  signs of a turnaround on August 2, when the world's largest  media company is set to introduce its fourth plan in five years  to save its online unit AOL.
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Time Warner (TWX:NYSE - news - research) is on the brink of announcing settlements with the Justice Department and the Securities and Exchange Commission, it was reported Wednesday.
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Wall Street is down on AOL Time Warner -- and worried about its moguls. Yet deeper in the ranks, a cadre of executives is working hard to bring the troubled colossus to life.
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Time Warner Inc., the world's largest media company, reported Friday that its earnings nearly doubled in the fourth quarter without the losses from its former music division in the year-ago period and on higher results from cable TV, publishing and other businesses.
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[New York | Reuters News Service, 4 November 2004] - Time Warner yesterday posted an 8% drop in quarterly net profit as it set up a $500 million legal reserve related to accounting probes at its America Online division and said it will restate results
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Time Warner Inc.  reported on Wednesday that quarterly profit rose 34 percent, boosted by AOL Internet asset sales in Europe and more digital cable and phone customers, but shares slipped as analysts said its 2007 outlook was overly conservative.
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Warner Music Group Corp.  on Thursday posted a 74 percent drop in its quarterly profit and fell short of Wall Street expectations on a weaker album release schedule than a year before.
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Time Warner is nearing settlement with the Securities and Exchange Commission and the Justice Department on the accounting scandal in AOL.
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Media giant Time Warner seems hopeful that the end of a long-running accounting investigation is in sight. The company said yesterday it has put $500 million in reserve to
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TIME Warner has reported an eight per cent drop in third-quarter net profit as it set up a Â£270 million legal reserve and said it will restate results for AOL Europe prior to 2002.
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New York (Nov. 5, 2004) - Media and entertainment giant Time Warner Inc. said that it had established $500 million in legal reserves related to pending government investigations, and that it intends to restate
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TIME WARNER has agreed to pay $510 million (Â£262 million) to settle claims that America Online (AOL), its internet division, overstated its earnings capacity.
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Warner Music Group Corp. reported on  Thursday a worse-than-expected 74 percent drop in quarterly  profit as its artists had fewer big hits, sending shares more  than 5 percent.