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AOL Time Warner rebounds from results blow

Losses didn't keep the shares down for long...
Written by Sonya Rabbitte, Contributor

Losses didn't keep the shares down for long...

Shares in AOL Time Warner were up over six per cent this morning, despite a widening loss in the fourth quarter. The company yesterday posted a net loss of $1.82bn, up from $1.09bn the previous year. But a 3.9 per cent jump in Q4 revenue boosted the share price and AOL stock, listed in Frankfurt, was up 6.12 per cent just after 11:00(CET) this morning. In the US, AOL shares closed down 1.12 per cent yesterday, following the results announcement.
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