'Suicide Squad' powers Time Warner's profit, revenue beat

(Reuters) - Time Warner Inc, which has agreed to be acquired by telecommunications company AT&T Inc, on Wednesday reported results that topped Wall Street expectations, helped by the success of its superhero movie "Suicide Squad." Dallas-based AT&T said last month it would buy Time Warner for $85.4 billion in a bold move to acquire content to stream over its network. Shares of Time Warner, which owns HBO, CNN, Cartoon Network and the Warner Bros film studio, edged down 36 cents to $87.89