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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
April 30, 2009
LOS ANGELES — Time Warner Inc. said Wednesday that its first-quarter profit fell 14 percent on charges related to its cable unit spin-off. Amid an ad slump, the media conglomerate reaffirmed its guidance on flat profits for the full year.
The company also moved further toward shedding....