Time Warner, Inc. (TWX) Updates FY14 Outlook Post Time, Inc., Divestiture
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Time Warner, Inc. (TWX) Declares $0.3175 Quarterly Dividend; 2% Yield
April 30, 2014 7:01 AM EDTTime Warner, Inc. (NYSE: TWX) declared a quarterly dividend of $0.3175 per share, or $1.27 annualized.
The dividend will be payable on June 15, 2014, to stockholders of record on May 31, 2014, with an ex-dividend date of May 28, 2014.
The annual yield on the dividend is 2... More
Time Warner (TWX) Posts Q1 EPS of 97c, ex. Time, Inc.; Offers FY14 Update
April 30, 2014 7:00 AM EDT(Updated - April 30, 2014 7:14 AM EDT)
Time Warner, Inc. (NYSE: TWX) reported Q1 EPS of $0.97, excluding Time, Inc., stake, which compares with the analyst estimate of $0.88. Revenue for the quarter came in at $7.55 billion versus the consensus estimate of $6.61 billion.
Chairman and Chief Executive Officer Jeff Bewkes said: We are off to a very strong start in 2014, with results that demonstrate both the returns we can achieve on our investments in great storytelling and the growth potential of our businesses. Excluding Time Inc., which we expect to spin off as an independent publicly-traded... More
