Tenon&#39;s Second-Half Loss Narrows to NZ$16 Mln After Forest Sale
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Aug. 20 (Bloomberg) -- Tenon Ltd., a New Zealand exporter of lumber and moldings, narrowed its second-half loss after quitting its forest business and increasing lumber sales in North America and Europe.
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Retailer Bon-Ton Stores Inc.  reported a wider quarterly loss on Thursday as bad weather resulted in lower-than-expected sales in April.
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Alcatel-Lucent finished its first full year as a merged company with a net loss of 3.52 billion euros and sales of 17.79 billion euros, a 2.5 percent drop.
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Blackstone Group LP  units tumbled more than 6 percent in morning trade, falling below the $31 price the private equity giant fetched in its initial public offering last week.
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The retail and mining sectors were heavy casualties as the leading share index closed in negative territory, dealers said Monday.
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Vodafone reports a Â£14.9bn loss - a record for a UK firm - after writing down the value of assets.
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Retailer Bon-Ton Stores Inc.   reported a wider quarterly loss on Thursday as bad weather  resulted in lower-than-expected sales in April.
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UTILITY company Severn Trent has reported a 6.5 per cent fall in first-half profits due to previously announced pension charges, which it described as a &quot;satisfactory overall performance&quot;.
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Toys ``R&#39;&#39; Us Inc.&#39;s third-quarter loss narrowed to $25 million after the No. 2 US toyseller shut its Kids ``R&#39;&#39; Us chain.
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Circuit City Stores Inc., the No. 2 US electronics chain, said its second-quarter loss narrowed to $11.9 million as the company sold more plasma-screen televisions and benefited from the acquisition of a Canadian retailer.
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NEW YORKâOil prices fell nearly $2 (US) a barrel yesterday, dragged down by heavy losses in gasoline futures after summer driving demand in the United States failed to meet expectations.
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Shares of private equity giant Blackstone Group bucked the general market retreat in their debut on the New York Stock Exchange yesterday, surging $4.06, or 13.1 percent, to close at $35.06.
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The company reported a $2.15 billion tax benefit but said overall revenue dipped because of a 19 percent drop in traditional wholesale services.
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The maker of fiber optic networking gear said it had sharply narrowed its fourth-quarter loss, but its sales forecast fell short of Wall Street estimates.
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Big sharebrokers moved quickly yesterday to distance themselves from the shock collapse of Access Brokerage. They backed the New Zealand Exchange&#39;s move to effectively shut down the firm.
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French media giant Vivendi Universal reported a second quarter net loss of 1.852 billion euros (2.3 billion dollars), six times larger than the 313-million-euro shortfall in the same period last year.
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Foster&#39;s Group Ltd., Australia&#39;s biggest beer and winemaker, probably turned to a loss in the second-half after taking charges to restructure its Beringer Blass wine business, analysts said.