Time Warner Cable Profit Falls 11%
The Wall Street Journal says Time Warner Cable reported an 11% earnings decline in the third quarter but beat expectations with revenue rising 3.6%. Craig Moffett, a Sanford C. Bernstein analyst, said the earnings report "at once highlighted the resilience of the core cable model, and its long-anticipated ability to generate cash in good times and bad."
Wall Street Journal, The | 05 Nov.
This story published in Discovery Executive NewsBlast on 11/06/2009
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