Time Warner Profit Falls on Legal Reserve
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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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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 Tribune Company said yesterday that operating profit fell 18 percent in the third quarter and that circulation dropped at The Los Angeles Times, partly because of a more conservative
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Lucent Technologies Inc.'s profit fell by half in its fiscal first quarter as expenses for the telecommunications gear maker rose and operating income for its network equipment division plunged. Its shares fell more than 7 percent in midday trading.
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Loews Corp  said on Monday third-quarter profit fell 12.5 percent as investment losses and a legal settlement at its commercial insurance unit offset better results in tobacco, drilling and oil pipelines.
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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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Blockbuster Inc. , the No. 1 U.S. video rental chain, reported lower quarterly profit on Tuesday due to store closures and higher costs associated with growing its online business.
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The 5-year chart for Motley Fool Stock Advisor recommendation Time Warner (NYSE: TWX) fails to show the fantastic success of the Lord of the Rings trilogy and the Harry Potter series of films.
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Chevron Corp. , the No. 2 U.S.  oil company, said on Friday its fourth-quarter profit fell,  pulled down by weaker natural gas prices and refining margins.
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MUMBAI: For the third quarter ended 30 September, the media and entertainment conglomerate Time Warner recorded a net income of $499 million.
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Asset manager Federated Investors (FII.N: Quote, Profile, Research) on Thursday reported lower quarterly profits as the firm&#39;s assets declined in difficult market conditions.
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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.
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Fourth-quarter profit fell 8 percent on declining advertising sales at the companyâs newspapers and television stations.
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Chevron Corp. , the No. 2 U.S. oil company, said on Friday its fourth-quarter profit fell, pulled down by weaker natural gas prices and refining margins.
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Time Warner Inc. (TWX), the world&#39;s largest media company, on Wednesday reported a lower third-quarter profit and established a $500 million legal reserve and said it will restate its accounting for its AOL Europe unit prior to 2002.
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The Warner Music Group said first-quarter profit fell 74 percent on an 11 percent decline in sales.
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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.