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Time Warner after the bell 08-01-06: down 1.5% on earnings tension

Posted Aug 1st 2006 7:09PM by Sarah Gilbert (RSS feed)
Filed under: After the Bell, Earnings Reports, Time Warner (TWX)

Time Warner shareholders have been biting their collective nails for the past few weeks, wondering what would happen with the second quarter earnings, due out tomorrow morning before the bell. What news will accompany the financials? Will AOL subscriptions be down yet again? Will the board be doing something radical: offering AOL emails for free, spinning off a portion of the company, or (who knows) creating yet another video sharing site?

The nails were bitten down another 1.52% today in anticipation as the stock fell 25 cents to $16.25, and down a few more cents in after-hours trading. This isn't cause for alarm, though: the price is several ticks away from the 52-week low of $15.70. Keep posted tomorrow as we'll be live blogging the earnings call at 8:30 a.m. EDT.