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The company says the deal is only a "possibility" however, and has not divulged details In the year since she said she was hanging up her runway shoes, ("It's mind-numbing, repeating yourself like Groundhog Day"), she has starred in campaigns for the luxury likes of Burberry and Gucci Moss Goes Mainstream By Jenny Bailly Oct 10, 2001/FWD/ --- Kate Moss sure has been busy modeling since she quit modeling Rimmel London, the Coty-owned cosmetics brand with more than a century of history, has reportedly signed Moss as its new face But proving she's no high-end snob, Moss may now let a mainstream beauty brand profit from her famous features " Rimmel describes the supermodel as, "the quintessential cool girl from London; her beauty is born of the street The 27-year-old supermodel is known to carry a hefty price tag Moss apparently typifies the brand's 16 to 28-year-old target customer On the beauty front, she was recently shot by Michael Thompson for Chanel's new Coco Mademoiselle ads Rimmel is carried in the UK and Australia and launched in Wal-Mart stores in March 2000 Without depreciation and amortization, operating income rose 6 percent 61 billion AOL Earns $1 Billion in Second Quarter Jul 23, 7:43 AM EST Second-quarter profit at AOL Time Warner Inc 29 billion from $1 Before the effects of those gains and other one-time factors, operating income fell 15 percent to $1 The company said the SEC has determined that its accounting of two transactions between AOL and Bertelsmann was not correct, though the company says it stands by its accounting of those deals magazines, earned $396 million in the April-June period a year ago 46 billion, or 32 cents a share, compared with a net loss of $53 Analysts have praised those efforts as well as Parson's drive to restore stability and credibility to the company following a period of severe tumult in the wake of the merger between AOL and Time Warner Chief executive Richard Parsons said the company's "solid" results in the second quarter and first half of the year "give us confidence that we can deliver on all of our 2003 financial objectives The company said the Securities and Exchange Commission was still investigating several transactions the company made, mainly at its AOL unit Income without the one-time effects was 12 cents per share, the company said, ahead of the 10 cents per share that analysts polled by Thomson First Call had been expecting Just last week, the company said it was selling its DVD and CD manufacturing business for $1 52 billion, due partly to higher levels of amortization and depreciation 06 billion thanks to several one-time gains, including the sale of the company's stake in Comedy Central and a settlement with Microsoft Corp 82 billion from $10 Six-month revenues rose 6 percent to $20 For the first six months of the year, AOL Time Warner earned $1 On a per-share basis, earnings rose to 23 cents from 9 cents 2 billion , the world's largest media company, jumped to $1 85 billion, or $12 The company, whose vast holdings include CNN, Warner Bros 3 billion as of March 31 82 billion compared with $19 , the company reported Wednesday , HBO and Time Inc The book group, which is no longer on the auction block, took a write-down of $99 million, while the Atlanta Thrashers hockey team and the Atlanta Hawks basketball team took a combined write-down of $178 million The results included several one-time factors in the second quarter, including an investment gain of $542 million, which was mainly attributable to the company's sale of its stake in the Comedy Central cable channel to Viacom Inc The company also took two write-downs during the second quarter to reduce the value of its winter sports teams and its book division, both of which were put up for sale 12 a share, in the same period a year ago, when the company took a $54 billion accounting charge to reflect the declining value of its assets " He said the company would continue to focus on reducing its debt, which stood at $24 AOL Time Warner has been shedding assets to reduce its debt and simplify its corporate structure They also included a gain of $760 million related to a settlement of AOL's claim that Microsoft used strong-arm tactics to make its Internet Explorer the dominant Web browser over AOL's Netscape 2 billion at the end of the quarter, compared with $26 Revenues rose 6 percent to $10 05 billion The SEC has not yet taken any action on the matter |
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