Thursday, May 3, 2007

Time Warner Q1 slips 18

Time Warner 1Q profit slips 18 percent (AP)

The Time Warner building is shown Nov. 1, 2006 in a New York file photo. Media conglomerate Time Warner Inc. said Wednesday, May 2, 2007 its first-quarter profit slipped 18 percent, but beat Wall Street expectations as growth in its cable segment helped lift revenue by 9 percent. (AP Photo/Mark Lennihan, File)AP - Media conglomerate Time Warner Inc. said Wednesday its first-quarter profit slipped 18 percent, but beat Wall Street expectations as growth in its cable segment helped lift revenue by 9 percent.


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