Gateway's Quarterly Loss Narrows
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Personal computer maker Gateway  Inc. GTW.N on Thursday posted a net loss that narrowed from a  year earlier and bettered its own forecast, helped by higher PC  sales and lower costs.
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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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Borders Group Inc. said Tuesday that it swung to a loss in the fiscal third quarter as fewer customers came to stores and best seller sales declined.
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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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Quarterly losses narrowed to $59 million, or 16 cents per share, from $139 million, or 43 cents per share, a year ago. Excluding about $63 million in restructuring, transformation and integration costs, the
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Computer Associates International Ltd. , a business software maker, on Wednesday posted a wider quarterly net loss, including charges for job cuts and a &#36;225 million payment to settle a long-running accounting probe.
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Plus: Gateway trims loss in third quarter...EDS delays earnings...Amazon outlook disappoints...PeopleSoft exceeds targets.
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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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Channel Tunnel operator Eurotunnel narrows its losses after securing a deal to reduce its debt.
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Circuit City Stores Inc. CC.N, on  Friday reported a smaller quarterly loss as it kept a tight  rein on expenses and demand increased for digital televisions,  notebook computers and other popular products.
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XM Satellite Radio Holdings Inc.  , which is planning to merge with rival Sirius  Satellite Radio , on Monday said its quarterly loss  narrowed as it trimmed costs related to growing its base of  subscribers.
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Circuit City Stores Inc. CC.N on  Friday posted a narrower quarterly loss from continuing  operations but said its outlook was cautious for the current  quarter, which includes the holiday shopping season.
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Gateway Inc. , the No. 3  U.S. personal computer maker, returned to profit in the fourth  quarter but its shares fell 6 percent on Thursday after it  reported revenue that fell short of analysts' estimates.
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No 2. US book retailer Borders Group Inc. (BGP.N: Quote, Profile, Research) on Tuesday posted a quarterly loss versus a year-ago profit, hurt by sluggish store traffic and a slowdown in sales of bestsellers.
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Book retailer Borders Group Inc.  BGP.N 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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Telecommunications equipment maker   Ciena Corp. CIEN.O on Thursday reported a narrower quarterly   loss as sales rose to phone companies upgrading their networks   to handle growing demand for Internet and video services.
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Williams Industries, the Manassas construction firm and manufacturer of steel girders, reported a net loss yesterday of $2.3 million (63 cents per share) for fiscal 2007 compared with a profit of $93,000 (3 cents) the previous year and said it was uncertain whether it can remain viable as it stru...