Vivendi Net Loss Widens
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Vivendi Universal revealed on Tuesday the  full impact of selling most of its entertainment business, as  impairment charges incurred from the deal were largely behind a  nearly trebled first-half net loss of 1.86 billion euros ($2.28  billion.).
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YESTERDAY Close $32.94 Change +$0.63 52-WEEK High $45.38 Low $25.61 Biotechnology company Vertex Pharmaceuticals Inc. said its loss widened in the third quarter, as it invested more in its hepatitis C drug candidate and relied less on collaborative funding.
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TiVo Inc., maker of digital television recorders, on Monday posted a wider quarterly net loss, as it boosted spending to achieve a sharp increase in new subscribers to its fee-based TV service.
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French media giant Vivendi turns in wider than expected first-half losses, blaming the impact of a weaker dollar.
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Vivendi Universal SA raised its 2004 earnings forecast Wednesday after strong performances by its music and telecommunications units powered a more than fivefold increase in third-quarter profit.
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French telecoms and media group Vivendi   VIV.PA reported a 10.9 percent rise in its first-half net   adjusted profit on Thursday, as growth from games and pay-TV   Canal Plus made up for lackluster trading at mobile arm SFR.
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Alitalia said it expected its full-year net loss to widen from last year's 519.7 million euros (671 million dollars) due to 289 million euros in restructuring charges booked this year to relaunch the ailing airline.
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Cosmetics maker Revlon Inc. REV.N on  Wednesday said its third-quarter net loss widened on  refinancing costs and declining sales.
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The French media group Vivendi Universal said that a surging net loss so far this year would give way to better-than-expected adjusted net income for 2004 as a whole.
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Vivendi Universal SA, the French media and telecommunications company, said Tuesday its net loss ballooned to 1.85 billion euros(&#36;2.26 billion) in the second quarter.
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BAE Systems Plc, Europe&#39;s largest defense company, said its first-half loss widened as it wrote down goodwill in its avionics and defense-electronics units.
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French media giant Vivendi Universal reported a surge in its net loss so far this year but forecast a sharp turnaround in its finances for all of 2004.
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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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Advanced Micro Devices Inc  , the world's second-largest maker of computer  microprocessors, on Thursday posted a wider quarterly net loss  due to a $1.68 billion charge related to its purchase of  graphics chipmaker ATI.
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French telecoms and media group Vivendi   reported a 10.3 percent rise in second-quarter net adjusted   profit on Thursday as growth from games and pay-TV Canal Plus   made up for lackluster trading at mobile arm SFR.
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The natural gas producer and pipeline operator said its fourth-quarter loss widened, hurt by a tax charge related to the sale of its stake in a pipeline.
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TiVo Inc.(TIVO.O: Quote, Profile, Research) , maker of digital television recorders, on Monday said its quarterly net loss widened as it boosted spending to acquire customers, but subscribers to its fee-based TV service rose