Skip to main content

AOL Time Warner


was down 4% in late afternoon after

Merrill Lynch

Scroll to Continue

TheStreet Recommends

analyst Henry Blodget said he is retaining his first-quarter revenue estimates but believes the slowing economy will make the rest of the year more difficult for the Internet and media company.

He said he remains comfortable with his full-year revenue and cash flow estimates, but the company's projection of 20% growth in ad revenue is at risk.