Accounting writedown leads to $3.4 billion loss at MCI
33289
MCI (MCI), one of the nation&#39;s biggest long-distance operators, lost $3.4 billion in the third quarter because of a previously announced asset writedown of $3.
735201
Electronic Data Systems Corp. finally settled a dispute with outside auditors and reported a third-quarter loss of $153 million due to the write-down of a huge contract to build a computer network for the Navy.
19871
Cable operator Adelphia Communications Corp. Thursday reported billions of dollars in losses over a three-year period in its first audited financial statements since 2000, a step seen
232266
Sprint Corp. FON.N on Tuesday  reported a wider third-quarter loss due to a writedown in the  value of its long-distance business.
227788
Ambac Financial Group Inc  on Tuesday reported a quarterly loss of $3.3 billion after recording massive credit derivative write-downs but its shares surged after the bond insurer said it could be close to raising much-needed new capital.
50142
Driving the companyâs loss, which amounts to $31.85 a share, was a $5.21 billion write-down on its portfolio of credit derivatives.
310815
MCI Inc. (MCIP.O: Quote, Profile, Research) on Thursday reported a $3.4 billion third-quarter loss as it wrote down the value of its assets due to a withering price war for long-distance telephone service.
380974
The homebuilder reported a third-quarter loss of $513.9 million, hurt by falling home prices and hefty charges to write down land values.
669995
The company reported a $1.63 billion loss in the fourth quarter as whopping charges for its Vioxx litigation settlement and other items dragged down results.
182964
Sprint Corp. on Tuesday reported a larger loss in its third quarter, as it wrote off $3.5 billion in value for its long-distance assets and suffered from disruptions caused by hurricanes.
136383
MCI Inc., one of the nation&#39;s biggest long-distance operators, lost $3.4 billion in the third quarter of 2004 due to a previously announced asset writedown of $3.
754244
Sprint Corp. (FON.N: Quote, Profile, Research) on Tuesday reported a larger third-quarter loss due to a $3.5 billion write-down in the value of its long-distance assets.
674404
Telecommunications firm MCI Inc. on Thursday posted a hefty third-quarter loss, saddled by costs from writing down the value of its network as the reorganized telecom faces intensifying industry competition.
55530
Merrill Lynch & Co Inc  faces a $1.5 billion third-quarter loss on its fixed-income business, driven by $4 billion in asset write-downs connected to leveraged loans and mortgages, a Goldman Sachs analyst said on Wednesday.
647411
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.
731399
MCI has reported a $3.4bn (Â£1.8bn) third-quarter loss due mainly to a write-off of the value of its assets. The company&#39;s efforts to recover from its bankruptcy are being hampered by stiff competition in
378080
MCI and Qwest Communications International, two of the country&#39;s largest phone companies, reported large losses in the third quarter, driven by a continued decline in revenue and one-time write-offs.