Discover Posts Loss on Charge
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The credit card issuer took a $391 million charge because of its struggling card business in Great Britain and reported a net loss of $84.1 million.
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(Corrects year-ago loan loss reserve figure in third paragraph to âmillionâ from âbillionâ)
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D. R. Horton posted a loss of $128.8 million, or 41 cents a share, for the first quarter ended Dec. 31, in contrast to a year-earlier profit of $109.7 million, or 35 cents a share.
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The discount broker posts a loss as mortgage-related losses mount.
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Bristol-Myers Squibb Co  reported a quarterly loss on Thursday due to special charges, including a $275 million write-down from the credit crisis spreading through corporate America.
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By Steve Johnson, San Jose Mercury News, Calif.  Jan. 31--Financially burdened by its purchase in November of two companies, Gilead Sciences of Foster City today reported a net loss of $1.67 billion dollars for the fourth quarter of last year.
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AT&amp;T Corp. swung to a third-quarter loss of $7.1 billion after recording huge charges related to the company&#39;s retreat from traditional telephone services, which has included at least 7,500 more job cuts and
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No 2. US book retailer Borders Group Inc. (BGP.N: Quote, Profile, Research) on Tuesday posted a quarterly loss versus a year-ago profit, hurt by sluggish store traffic and a slowdown in sales of bestsellers.
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AnnTaylor Stores Corp. ANN.N on  Friday forecast a fourth-quarter net loss, including charges,  of between 14 and 18 cents per share.
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SAN FRANCISCO - With $190 million in charges on its balance sheet related to restructuring and its recent patent lawsuit settlement with Eastman Kodak Co., Sun Microsystems Inc. on Thursday posted a net loss of $174 million for its the first quarter of its fiscal 2005 year, which ended September 26.
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IAC/InterActiveCorp IACI.O, owner of  Internet travel site Expedia and the Home Shopping Network, on  Wednesday posted a quarterly loss as it took charges to write  down the value of two businesses.
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CNF Inc. said Monday it swung to a loss in the third quarter as the result of a charge related to the planned sale of its Menlo Worldwide Forwarding unit.
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The chip maker reported a larger-than-expected loss but showed progress in curbing its expenses and capturing a share of strong demand for personal computers.
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Discover Financial Services, a credit card company spun off from Morgan Stanley at the end of June, said on Tuesday that third-quarter profit fell, hurt by rising marketing expenses.
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Viacom Inc. (VIAb.N: Quote, Profile, Research) (VIA.N: Quote, Profile, Research) on Thursday posted a quarterly loss on charges related to the spinoff of video rental chain Blockbuster
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With its cash reserves dwindling and losses continuing to mount, The SCO Group Inc. is taking measures to cut its expenses and ensure it will have enough cash to process its lawsuit with IBM Corp, the company announced during its quarterly earnings conference call Tuesday. SCO reported a loss of $7.4 million on revenue of $11.2 million for the third quarter - a loss that was affected by the $7.2 million in legal expenses the company incurred during the quarter, which ended July 31.
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Agere Systems Inc., which makes computer chips and software for cell phones and other devices, Tuesday said it fell to a loss for its latest quarter, hurt by charges for its restructuring plan and declining revenue.