18
May
Warner Music Group narrowed its losses in the first three months of the year, but the results failed to stem the slide in the firm’s share price that has taken place since it joined Wall Street last week.
The company yesterday posted an $18m (£9.8m) loss for its fiscal second quarter. In the same period of 2004, it was $45m in the red.
[more @ www.guardian.co.uk]
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