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AOL, Inc. (NYSE:AOL): Current price $29.81
According to Chief Executive Officer Tim Armstrong in an interview with CNBC’s “Squawk on the Street,” AOL, Inc.is looking at opportunities to take a share of the mapping apps space from Apple and Google. “We’re the number two provider in maps,” Armstrong said. “MapQuest was a story of another turnaround inside a turnaround. MapQuest, over time, had lost a lot of traffic, a lot of revenues, a lot of profits, and we’ve been able to materially change that business in the right direction.”
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