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Time Warner , the media conglomerate that was once the world’s largest but has lately slimmed down by shedding some businesses, said both revenue and profits declined in the recent quarter. The results were hurt by one business that the company has said...
Tags: Time Warner Inc, Time Warner Cable Inc, Jeff Bewkes, wall street, Warner Bros., revenue outlook, Cisco Beats Forecasts
PDT, April 23, 2009 The Thousand Oaks, Calif.-based company missed Wall Street's forecasts with the results, seemingly surprising the market and sending shares lower in after-hours trading after a day's worth of gains. Profit fell to $1.02 billion, or...
Tags: Amgen Inc., anemia drug, revenue outlook