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NEW YORK — AOL Time Warner Inc. is expected to meet analysts’ estimates when it releases its second-quarter results early Wednesday despite the weakened advertising market.
The New York media, Internet and entertainment company is expected to post earnings of 28 cents a share on revenue of $9.7 billion in the quarter ended June 30, according to analysts surveyed by Thomson Financial/First Call. A year earlier, on a pro-forma basis as if America Online Inc.
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