Time Warner Beats Expectations, Raises Outlook

Dec 06, 2016  

Timewarner Inc (TWX.N), that has agreed to be bought by telecom firm AT&T Inc (T.N), on Wednesday lifted its whole-year prospect and documented quarterly profit sugar Wall Street expectations, operated by larger boxoffice and cable system earnings. These issues are becoming more immediate as organizations including Oracle, IBM (IBM.N), Microsoft (MSFT.) and SAP () battle to convert their firms for a time where consumers no more own and function their very own information technology programs and alternatively hire research providers and software from cloud sellers using large data centers. Experts and accountants state that classifying application sales as traditional or cloud stays something of an art form.

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