AOL Time Warner posts loss

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New York--AOL Time Warner Inc. reported a second-quarter net loss of $734 million, or 17 cents a share, compared with a loss of $927 million, or 22 cents a share, for the second quarter of last year. Revenue grew by 3% over the same period last year, to $9.2 billion from $8.9 billion. AOL Time Warner cited the weak ad economy for the slowdown in growth.
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