AOL Latin America Gains on Beating Estimates
AOL Latin America
(AOLA)
was up 10% in preopen
Island
trading after it reported a first-quarter loss of 36 cents, better than the Street's estimate of 37 cents. The company, a joint venture of the
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Cisneros Group
and
AOL
(AOL)
, launched its first service in November 1999.
