Electronic Arts swings to 3Q loss
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Video-game software publisher Electronic Arts Inc. said Thursday it swung to a loss in the third quarter, hurt in part by the way it accounts for online-enabled games, but adjusted earnings met Wall Street's expectations.
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Lenovo Group Ltd. (0992.HK), the  world&#039;s third-largest computer maker, swung to a much  sharper-than-expected loss in the fourth quarter, after paying  &#36;1.25 billion for IBM&#039;s  PC arm in 2005.
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Top video game publisher  Electronic Arts Inc  lowered its profit forecast on  Thursday as it delayed "Mercenaries 2" and a new "Battlefield"  title, sending its shares down 6 percent.
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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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Top video game publisher Electronic Arts Inc  lowered its profit forecast on Thursday as it delayed "Mercenaries 2" and a new "Battlefield" title, sending its shares down 6 percent.
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WASHINGTON  - AT&T Corp. on Thursday reported a $7.1 billion third-quarter loss due to an $11.4 billion 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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Communications equipment network maker 3Com Corp  on Thursday posted a wider net loss from a year ago, partly due to higher research and development costs.
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No. 1 video game maker Electronic  Arts Inc ERTS.O on Tuesday reported higher quarterly profits  on strong demand for titles like Madden NFL 2005, but its stock  price fell after a holiday forecast fell short of Wall Street  expectations.
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Sony Corp. (6758.T) said on Friday that  losses at its games division in the July-September quarter may  be bigger than its losses for the quarter ended in June due to  a possible increase in valuation losses on PlayStation 3  microchips.
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Quarterly net income was $46.3 million against a year-earlier loss, but sales continued to fall at the retailer amid intense competition in the electronics sector.
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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.
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The latest results from games giant Electronic Arts beat market expectations, despite its profits falling 38%.
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Losses ballooned to $207.3 million for the third quarter, driven by lower extended warranty sales and restructuring costs.
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Video game publisher Electronic  Arts Inc  gave an outlook that was below market  expectations on Thursday as it delayed two new titles, sending  its shares down 6 percent in after hours trading.
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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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Electronic Data Systems Corp. lost $153 million in the third quarter, dragged down by a huge write-down of a contract to build a computer network for the Navy, and restated some results for last year.