Time Warner sees profit dip
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Time Warner has reported revenue growth of 5% for its third quarter, but net income declined. The company may also have to restate its financial results for 2002 in connection with the investigation of accounting
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The company said on Friday that its profit fell on price declines for its mainstay computer memory chips, but expressed confidence a rebound in the market would bolster earnings.
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Time Warner Inc, the world&#39;s largest  media company, will &quot;look hard&quot; in the next 12 to 18 months at  possibly selling off its AOL dial-up Internet access business,  similar to its strategy in Europe.
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Time Warner is "looking hard" at selling off the internet access portion of its AOL division over the next 12-18 months, Time Warner CEO Richard Parsons said on Tuesday.
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Time Warner Inc. (TWX.N: Quote, Profile, Research) , the world&#39;s largest media company, on Wednesday reported a lower third-quarter profit and established a $500 million legal reserve
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Phone company Qwest Communications International Inc  on Tuesday cut its earnings outlook for the year, sending its shares down 4 percent, though its quarterly profit rose with the help of a tax benefit and cost cuts.
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Starwood Hotels & Resorts Worldwide Inc  on Thursday posted lower quarterly profit and forecast future earnings below expectations amid pressures on its timeshare business and shares fell nearly 4 percent.
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Shares of Tom Online Inc. dived Friday after the Chinese wireless services provider warned that its third-quarter revenue would fall short of Wall Street expectations.
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Amazon.com Inc posted a decline in  profit margins on Wednesday as the impact of its discounting  overshadowed quarterly earnings and a sales forecast that  topped Wall Street targets.
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Warner Music Group Corp on Friday  posted a fourth quarter profit helped by gains from litigation  against online music service Kazaa, but sales fell due to a  weak release schedule compared with a year ago.
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Time Warner Inc. (TWX) on Wednesday posted an 8 percent drop in quarterly net profit as it set up a $500 million legal reserve related to accounting probes at its America
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America Online, cable networks and publishing are expected to lead 2005 revenue and profit growth at parent Time Warner Inc._, an executive said on Tuesday.
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Plus: Time Warner lowers earnings target...Electronic Arts lowers outlook, shares fall...Sony profit up, forecast cautious.
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Shares of Media giant Time Warner Inc. were little changed Monday ahead of the company&#39;s third-quarter earnings report as investors wonder exactly what chairman Dick Parsons might say about its troubled America Online unit.
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Time Warner posts 40% fall in profits as AOL continues to struggle but cable and film businesses do well, helped by Will Smith's I am Legend.
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NEW YORK -- Weak results from AOL tempered an otherwise strong quarter at Time Warner Inc., the company reported Wednesday, as gains from cable TV and the latest Harry Potter movie helped the media conglomerate meet Wall Street expectations.
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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.