Time Warner shares rocket

Shares in the world's largest entertainment company, Time Warner, soared last week after it announced a two-for-one stock split.

Shares in the world's largest entertainment company, Time Warner, soared last week after it announced a two-for-one stock split. By November 20, stock had risen 7.2%, closing at $106 million. Since TW acquired Turner Broadcasting in 1996, the two have concentrated on motivating management.

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