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Reuters: Time Warner sees $25 billion fourth-quarter charge

Started by chris, January 07, 2009, 04:59:57 PM

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chris

Time Warner sees $25 billion fourth-quarter charge
      


NEW YORK (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 and its shares fell 7 percent.<div class="feedflare">
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