Author: Elena Todorova
123jump.com
Last Update: 9:02 AM EDT May 03 2006


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Time Warner Inc. reported Q1 profit rise to $1.46 billion, or 32 cents per share, up from $915 million, or 19 cents per share last year, beating estimates. Procter & Gamble Co. posted Q3 earnings jump of 37% to $2.21 billion, or 63 cents per share, up from $1.61 billion, or 59 cents, exceeding analyst expectations.