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Time Warner's posts drop in 2Q earnings, but affirms full-year outlook

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Time Warner's posts drop in 2Q earnings, but affirms full-year outlook Posted: Jul 29, 2009 6:55 PM
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Original Post: Time Warner's posts drop in 2Q earnings, but affirms full-year outlook
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Time Warner beats 2Q estimates; outlook steady LOS ANGELES — Time Warner Inc.'s second-quarter earnings beat Wall Street forecasts Wednesday despite a declining advertising market, as its Turner cable networks held up better than expected and "The Hangover" became a sleeper box office hit. The New York-based media conglomerate also affirmed its projection for full-year adjusted earnings [...]

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