Intuit Posts Wider Loss on Acquisitions
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Intuit Inc., the maker of TurboTax tax-preparation software and QuickBooks accounting programs, posted a wider loss in its latest quarter on acquisition-related expenses.
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Blockbuster Inc. BBI.N on Wednesday  posted a $1.42 billion quarterly loss due to a charge, while  profit from its operations slid due to higher marketing costs,  falling rental demand and escalating competition.
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Cable operator Charter Communications Inc.  posted a wider quarterly loss on Wednesday as costs rose faster than sales and interest expenses increased.
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The second-largest U.S. bank blames the loss on merger charges related to Bank One, and its weak investment bank performance.
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The chip maker reported a net loss of $396 million, larger than Wall Street expected, but sales were up 23 percent on strong personal-computer demand.
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MOUNTAIN VIEW, Calif. --Intuit Inc.&#39;s loss widened for the fourth quarter ended July 31, hurt by slower seasonal sales of the company&#39;s tax and finance software and an impairment charge from its decision to sell one of its businesses, the company said ...
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Intuit Inc.  said on Thursday it will buy Digital Insight Corp.  for $1.35 billion, a move that expands the maker of the popular TurboTax and Quicken financial software into online banking services.
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Washington Mutual Inc , the largest U.S. savings and loan, suffered a larger-than-expected $1.87 billion fourth-quarter loss on Thursday, battered by mortgage defaults and write-downs.
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Struggling chip-maker Advanced Micro Devices Inc. said Thursday its fourth-quarter net loss widened, partly due to a huge goodwill impairment charge related to its $5.6 billion acquisition of graphics chip-maker ATI Technologies Inc.
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Delta Air Lines Inc. , which is racing to cut costs to avoid bankruptcy, on Wednesday reported a wider quarterly loss amid soaring fuel prices and weak domestic airfares.
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Sirius Satellite Radio Inc. reported a wider-than-anticipated loss in the third quarter as higher costs related to programming initiatives and customer acquisition offset revenue gains.
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Department store operator Bon-Ton  Stores Inc.  on Wednesday reported a wider quarterly  loss, hurt by an income tax charge, but reaffirmed its fiscal  year earnings forecast.
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Lennar Corp  on Thursday reported a wider fourth-quarter loss after home deliveries and new home orders halved amid a slowdown in the U.S. housing market, and the No. 2 U.S. home builder said it saw no signs of a recovery this year.
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Alaska Air Group , the parent of Alaska Airlines, on Friday said its quarterly loss widened as a result of charges for restructuring and hedging losses.
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The company said its quarterly loss ballooned to $302.6 million as it struggled with its mortgage lending arm and said it is trying to renegotiate the sale of the unit.
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AT&amp;T Corp. swung to a third-quarter loss of $7.12 billion due to huge charges from the company&#39;s retreat from traditional telephone services, which included at least 7,500 more job cuts and a writedown in the value of the company&#39;s long-distance network.
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Intuit Inc.  said on Thursday  it will buy Digital Insight Corp.  for $1.35 billion, a  move that expands the maker of the popular TurboTax and Quicken  financial software into online banking services.