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Time Warner cuts outlook, sees fourth-quarter writedowns (Reuters)

Started by riky, January 07, 2009, 04:03:16 PM

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riky

January 07, 2009, 04:03:16 PM
Time Warner cuts outlook, sees fourth-quarter writedowns
    (Reuters)

 

Reuters - Time Warner Inc said on Wednesday it expects to record a charge of about $25 billion in goodwill writedowns, leading to a loss in the fourth quarter.


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