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Earnings Report

'Wonder Woman' lifts Time Warner's profit

Time Warner Inc, which is in the process of being bought by AT&T Inc, reported a better-than-expected 11.6 percent jump in quarterly profit, helped by the success of its latest superhero movie "Wonder Woman."

Apple forecasts revenue above estimates, shares sail to record

Apple Inc forecast current-quarter revenue largely above Wall Street estimates on Tuesday, helping to allay investor concerns about a possible delay in the launch of the iPhone's 10th-anniversary edition later this year, and sending its shares to an all-time high.