Tenet Healthcare&#39;s Loss Narrows in 3Q
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NEW YORK - Tenet Healthcare Corp. said Tuesday its loss narrowed in the third quarter, as the operator of acute-care hospitals significantly reduced its loss from continuing operations.
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Delphi Corp., the US largest auto parts supplier, said on Monday it has narrowed its third-quarter loss to $114 million. The company also said it is going to find some extra ways to cut spending, as for instance, working with unions etc.
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update Gateway on Thursday posted a narrower third-quarter loss, helped by cost cuts and an increase in PC unit shipments, that could allow it to climb ever closer to turning a profit.
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For its third quarter ended Sept. 30, the New York satellite radio broadcaster lost $169 million, or 14 cents a share. That compares with a year-ago loss of $107 million, or 11 cents a share.
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Tenet Healthcare Corp. yesterday said that it is selling three Massachusetts hospitals to Vanguard Health Systems of Nashville for $167 million.
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Tenet Healthcare Corp. on Monday said fourth-quarter charges could exceed $1 billion and it does not expect 2005 operating results to exceed breakeven as the hospital operator struggles with fewer patients and bad debt.
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Embattled hospital operator Tenet  Healthcare Corp. THC.N on Tuesday said it will pay $395  million to settle litigation with patients claiming one of its  hospitals performed unnecessary heart surgeries.
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3M Co  said on Tuesday fourth-quarter earnings fell as last year's results included a gain for selling a business.
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Embattled hospital chain Tenet Healthcare will pay $395 million to settle lawsuits with former patients who accused one of its medical centers of performing unnecessary heart surgeries, the company announced Tuesday.
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Embattled hospital chain Tenet  Healthcare Corp. THC.N on Tuesday said it will pay $395  million to settle litigation with patients claiming one of its  hospitals performed unnecessary heart surgeries.
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The drugstore chain said its quarterly loss narrowed as a result of an income tax benefit and increased sales of generic drugs.
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AT&amp;T on Thursday reported a $7.1bn third-quarter loss because of an $11.4bn writedown of its assets after its retreat from consumer services and other restructuring charges.
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Reported profit of $44 million for third quarter over a loss of $31 million a year ago and predicts 10% increase in sales for the 4th quarter.
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NEW YORK - 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
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Cablevision Systems said yesterday that its loss in the third quarter was 41 percent smaller than in the period last year as demand for its digital television, high-speed Internet and phone services offset higher operating costs.
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Film and television show distributor Metro-Goldwyn-Mayer Inc. said Tuesday that third-quarter losses narrowed as earnings before interest, taxes, depreciation and amortization rose to &#36;397,000 from a loss of &#36;9.9 million a year ago.
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Qwest Communications International Inc. reported a third quarter loss on Thursday, partly due to lower revenues and to a charge related to litigation reserves.