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Time Warner profit drops, boosts outlook

Media conglomerate Time Warner Inc. reported a 38 percent drop in third-quarter profit, hurt by declines at its AOL and publishing segments. But the results beat expectations and the company is...

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AOL considers breakup, merger with Yahoo

A published report says AOL Inc. is considering breaking itself up and then combining its content division with Yahoo Inc. The news agency Reuters said Monday AOL’s plans are in the exploratory stage...

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