International Paper Posts Quarterly Loss
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International Paper Co. , the world's largest forest products company, on Tuesday reported a third-quarter loss after taking a charge to write down Canadian assets.
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Qwest Communications International Inc.  on Tuesday reported a smaller quarterly loss as it cut costs in its long-distance business.
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Northwest Airlines Corp. , the No. 4 U.S. air carrier, on Wednesday posted a quarterly loss, versus a profit a year earlier, as high fuel prices and low fares weighed on the industry.
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The media company said it lost $333.4 million in the fourth quarter on write-downs, the cost of newspaper spinoffs and weak ad sales.
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MCI Inc.&#39;s (MCIP.O: Quote, Profile, Research) quarterly loss ballooned to $3.4 billion as the No. 2 US long-distance company wrote down the value of its assets due to
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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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MEMPHIS, Tenn., Feb. 28  /PRNewswire-FirstCall/ -- International Paper  today completed the sale of its Arizona Chemical business to Rhone Capital III L.P. for approximately $485 million.
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Book retailer Borders Group Inc.  on Tuesday posted a quarterly loss versus a year-ago profit due to sluggish store traffic and a slowdown in sales of bestsellers.
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Regional carrier ExpressJet Holdings Inc  suffered a second-consecutive quarterly loss on Friday, burdened by costs from starting up its own scheduled service.
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Citigroup Inc  on Tuesday posted  its first quarterly loss since its creation in 1998, hurt by  write-downs for exposure to subprime mortgages and other risky  debt.
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Borders Group Inc. , the world's second-largest bookseller, on Tuesday posted a wider quarterly loss as sales at established stores fell.
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Greeting card maker American Greetings   Corp. AM.N on Thursday posted a quarterly loss, hurt by costs   for rolling out a new strategy to manage inventory.
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Wendy's International Inc. ,  the No. 3 U.S. hamburger chain, posted a second-quarter net  loss on Thursday due to charges for its evaluation of the  struggling Baja Fresh chain and restructuring costs.
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MEMPHIS, Tenn., Dec. 19  /PRNewswire-FirstCall/ -- International Paper  has signed two definitive agreements related to the sales of its beverage packaging and Arizona Chemical businesses for combined proceeds of approximately $985 million.
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Digital video recorder maker TiVo  Inc. on Wednesday reported a loss that was weighed down by an  inventory writeoff, swinging back from a small profit reported  in the first quarter of this year.
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The company reported a second-quarter loss after the company cut jobs to compensate for declining sales.
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MCI has reported a $3.4bn (Â£1.8bn) third-quarter loss due mainly to a write-off of the value of its assets. The company&#39;s efforts to recover from its bankruptcy are being hampered by stiff competition in