Ticker	Volume	Price	Price Delta
DJIA	15,303.10	+8.60	0.06%
S&P 500	1,649.60	-0.91	-0.06%
Nasdaq	3,459.14	-0.27	-0.01%

Ticker

Volume

Price

Price Delta

DJIA

15,303.10

+8.60

0.06%

S&P 500

1,649.60

-0.91

-0.06%

Nasdaq

3,459.14

-0.27

-0.01%

Ticker	Volume	Price	Price Delta
STOXX 50	2,764.29	-12.49	-0.45%
FTSE 100	6,654.34	-42.45	-0.63%
DAX	8,305.32	-46.66	-0.56%

Ticker

Volume

Price

Price Delta

STOXX 50

2,764.29

-12.49

-0.45%

FTSE 100

6,654.34

-42.45

-0.63%

DAX

8,305.32

-46.66

-0.56%

Ticker	Volume	Price	Price Delta
Nikkei	14,612.50	+128.47	0.89%
Hang Seng	22,618.70	-51.01	-0.23%
S&P/ASX 200	4,983.50	-78.95	-1.56%

Ticker

Volume

Price

Price Delta

Nikkei

14,612.50

+128.47

0.89%

Hang Seng

22,618.70

-51.01

-0.23%

S&P/ASX 200

4,983.50

-78.95

-1.56%

AOL Gains as Third-Quarter Earnings Beat Analysts’ Estimates

By Brett Pulley - 2011-11-02T21:24:22Z

AOL Inc. (AOL), the Internet company that’s struggling to halt a sales slide, gained the most in almost two years after third-quarter earnings exceeded analysts’ estimates.

Profit, excluding some items, was 16 cents a share, New York-based AOL said today in a filing. Analysts predicted 10 cents, the average of estimates compiled by Bloomberg. AOL climbed 13 percent to $15.02 at the close in New York, the most since the company was spun off from Time Warner Inc. in December 2009.

The Internet pioneer is aiming to increase earnings from online advertising as its profitable Internet-access business continues to decline. Struggling to compete against Internet companies Google Inc. (GOOG) and Facebook Inc., AOL has repositioned itself as an advertising-based news and content company.

AOL’s global advertising revenue increased 8 percent to $317.7 million, the company said. Display advertising increased 15 percent to $136.7 million, and third-party network advertising increased 28 percent to $95.9 million.

AOL has lost almost $800 million since it was spun off from Time Warner Inc. (TWX) in 2009.

To contact the editor responsible for this story: Brett Pulley in New York at bpulley@bloomberg.net

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