Time Warner, Inc. (TWX) Raises Quarterly Dividend 10.6% to $0.2875; 2.3% Yield
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Time Warner (TWX) Tops Q4 Views as HBO Gains Fans
February 6, 2013 8:16 AM ESTTime Warner (NYSE: TWX) is popping higher in early trading Wednesday following strong fourth-quarter results and outlook issued earlier.
Revenue for the media giant fell modestly to $8.16 billion, while net income improved 51 percent to $1.17 billion, or $1.21 per diluted share. Adjusting for certain items, EPS came in at $1.17.
The Street was looking for revs of $8.25 billion and EPS of $1.10.
Filmed Entertainment revs slipped 4 percent to $3.7 billion, mainly due to tough comps from the home release of... More
