NEW YORK - Time Warner Inc., the world’s largest media company, reported an 80 percent increase in third-quarter earnings Wednesday and raised its stock repurchase program to $12.5 billion from $5 billion in an effort to meet shareholder demands to lift its slumping stock price.
An 80% increase in profits! Un-American I say, un-American. Windfall profits from media conglomerates! They must be stopped. Have you looked at your cable bill lately, we are being gouged!
"Groundbreaking"
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