Take-Two to cut costs, posts quarterly loss
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New management of Take-Two Interactive Software Inc.  said it would cut jobs and costs as the publisher of the popular "Grand Theft Auto" video games on Monday posted its sixth quarterly loss in a row.
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Take-Two Interactive Software Inc  reported on Monday a smaller-than-expected quarterly loss as sales of games including "The Darkness" and "Fantastic Four: Rise of the Silver Surfer" pushed revenue above estimates.
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General Motors Corp.  said on  Tuesday it was restating its net loss for the just-reported  second quarter, increasing the loss by $200 million to reflect  a tax provision related to the sale of its finance arm, GMAC.
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An income tax benefit narrowed Computer Associates International Inc's loss dramatically in the second quarter.
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The maker of digital video recorders reported a net loss of $17.7 million in the second quarter, which included an $11.2 million inventory write-off.
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The smartphone maker said Tuesday that it swung to a loss in its fiscal second quarter as revenue fell and expenses rose.
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Visteon Corp. VC.N, the No. 2 U.S.  auto parts maker, on Thursday posted a wider quarterly net loss  of $1.36 billion, citing charges, and said it expects rising  material surcharges and its high cost structure to hurt results  for the rest of the year.
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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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United Airlines&#39; parent company posted a $274 million third-quarter loss and reiterated its need to slash labor costs. The company said that in the fourth quarter it may not be able to comply with a covenant
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Dillard's Inc. DDS.N on Wednesday  reported a narrower quarterly loss as the department store  operator cut costs.
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Qwest Communications International  Inc. Q.N on Tuesday reported a smaller quarterly loss as it  reduced costs through job cuts and lower network expenses.
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Bankrupt Northwest Airlines Corp. on Tuesday posted a quarterly loss largely on expenses related to its restructuring.
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United Airlines warned yesterday that it would need to cut a further $2 billion from its annual costs in an effort to return the airline to profitability and attract external financing to exit bankruptcy.
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After a dismal second-quarter showing, the retailer projects a Q3 loss.
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Take-Two posts a market-beating loss -- but is it out of the danger zone yet?
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Cyberonics Inc., a maker of medical devices to treat neurological disorders, said Wednesday that it swung to a loss in the fiscal second quarter as it struggled to regroup following regulators&#39; rejection of a depression treatment.
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Record fuel costs and low air fares contributed to a $274 million third-quarter loss for United Airlines&#39; parent company, which warned again that labor costs must be slashed again soon in order for it to emerge from bankruptcy.