Napster narrows 3Q loss
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Napster Inc. said Thursday it narrowed a loss in its fiscal third quarter as the online music retailer added subscribers and generated record revenue.
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Viacom Inc. VIAb.N on  Thursday posted a third-quarter loss as a result of charges  from discontinued operations and a writedown of its assets, but  revenue rose on advertising sales growth at MTV and Nickelodeon  cable networks and the CBS television network.
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Video game publisher Electronic Arts Inc. said Thursday it swung to a loss in the third quarter, hurt by restructuring charges and the way it accounts for online-enabled games.
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Chip maker Tripath Technology Inc. on Friday said its third-quarter loss will be wider than expected on lower revenue due to an inventory charge, and said it may restate revenue for the second quarter.
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Borders Group Inc. on Tuesday revised its third-quarter outlook to a loss of 1 cent to 3 cents per share because of slumping sales. The nation's second-largest bookseller previously had forecast earnings of as much as 3 cents per share.
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Buoyed by strong consumer demand for personal computers and stringent cost cuts, computer maker Gateway reported a third-quarter loss on Thursday that was much narrower than a year ago.
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Sprint Corp. on Tuesday reported a wider loss for the third quarter as it wrote off &#36;3.5 billion in value for its long-distance assets.
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For its third quarter ended Sept. 30, the New York satellite radio broadcaster lost $169 million, or 14 cents a share. That compares with a year-ago loss of $107 million, or 11 cents a share.
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Kinross Gold Corp., Canada&#39;s third- largest producer of the metal, restated third-quarter profit to a net loss of $133.6 million after changing the way the company accounts for goodwill at a Brazilian mine.
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The company said its net loss in the fiscal third quarter ended Dec. 1 was $84.8 million, or 12 cents a share, compared with a net profit of $1.1 million.
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Tenet Healthcare Corp., the second- largest US hospital chain, said its third-quarter loss narrowed to $70 million as it sold hospitals to rein in costs.
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Warner Music Group, the world's  third-largest music company, on Wednesday posted a net loss in  its key December quarter, hurt by weak recorded music sales and  costs related to a high-end concert promoter it purchased last  May.
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3Com (COMS: news, chart, profile) reported a loss of $35.5 million, or 9 cents a share, compared with a loss of $106 million, or 29 cents a share, in the same period a year ago.
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Video-game software publisher Electronic Arts Inc. said Thursday it swung to a loss in the third quarter, hurt in part by the way it accounts for online-enabled games, but adjusted earnings met Wall Street's expectations.
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Film and television show distributor Metro-Goldwyn-Mayer Inc. said Tuesday that third-quarter losses narrowed as earnings before interest, taxes, depreciation and amortization rose to &#36;397,000 from a loss of &#36;9.9 million a year ago.
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While it is struggling to retain subscribers in the United States and even considering a sale of the company, Napster on Tuesday launched its subscription music store in Japan, following through on a promise made last year - albeit six months late.
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NEW YORK---Tenet Healthcare Corp. said Tuesday its loss narrowed in the third quarter, as the Santa Barbara-based operator of acute-care hospitals significantly reduced its loss from continuing operations.