<< Read Full Article

High Anxiety at Time Warner

Stock quotes in this article: TWX , MSFT , YHOO , GOOG , CMCSA , GE  

The Internet bubble is long gone, but AOL talk continues to dominate the agenda at Time Warner (TWX Quote).

The New York media giant is due to post third-quarter earnings Wednesday morning. With investors tapping their collective foot, Time Warner's board met last Thursday to discuss America Online. A decision on AOL's strategic course isn't imminent, according to sources, but a new heading could be set within weeks.

In the meantime, the company's slow growth continues to elicit groans. Analysts polled by Thomson First Call expect Time Warner to post earnings of 18 cents a share on $10.38 billion in revenue. That points to year-over-year revenue growth of just 4.2% and compares with a year-ago profit of 15 cents a share on revenue of just under $10 billion. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,441.12 1,109.18 2,206.91 35.96
Oil *
73.55
DOWN
10.88
UP
1.25
UP
5.86
DOWN
0.07
10 Yr
3.60%
SPDR Gold
111.59
-0.10%
+0.11%
+0.27%
-0.19%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Brokerage Partners

TheStreet Premium Services

All Services