Growth Is Back at Time Warner
Mark Riddix submits:
Time Warner Inc. (TWX) appears to be making all of the right moves. The media conglomerate posted strong 4th quarter results with revenue of $7.3 billion dollars and earnings per share of 55 cents. Time Warner announced that it would be raising its dividend to 85 cents per share and buying back an additional $2 billion dollars in stock. Time Warner looks attractive now that the company is no longer held back by its horrific merger with AOL.
Investing, Long Term Investment, stock market | admin March 30, 2010
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