Escada warns of full-year loss
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Escada, the German maker of luxury ready-to-wear women&#39;s clothes, warned Thursday that it expected to end its current business year in the red as a result of tax changes and restructuring costs.
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The restaurant giant posted a quarterly net loss of $711.7 million after taking a big charge for the sale of its outlets in Latin America.
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EDS (EDS:NYSE - news - research) shares slipped Thursday after the company warned that an airline industry bankruptcy could take a big chunk out of earnings.
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Building products maker Masco Corp.   MAS.N on Wednesday warned that 2006 earnings would be lower   than expected, blaming falling U.S. housing starts.
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One of the nationâs largest home builders posted a loss for its most recent quarter as it wrote down the value of its inventory.
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Alitalia said it expected its full-year net loss to widen from last year's 519.7 million euros (671 million dollars) due to 289 million euros in restructuring charges booked this year to relaunch the ailing airline.
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SLM, the parent of Sallie Mae, which for years profited from placing large bets on its own stock going up, now faces a possible loss of more than $1 billion.
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Munich Re, the world&#39;s biggest reinsurer, has issued a bulletin concerning possible losses from the tidal waves that struck many countries around the Indian Ocean on Dec. 26, which estimates the company&#39;s
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Delphi Corp. on Tuesday warned that its  third-quarter loss would be wider than expected, the latest  auto parts supplier to say motor vehicle production cuts and  high raw materials costs would hurt results.
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Energy group Centrica booked a net loss of 154 million pounds for 2006 on Thursday after the loss of one million customers in its home market because of high domestic fuel prices.
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Computer services company Unisys Corp.  on Tuesday warned it would post a fourth-quarter loss, instead  of an expected profit, reflecting a revenue shortfall and a  $120 million charge to write off assets.
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America West Holdings Corp. AWA.N on  Wednesday posted a third-quarter loss and forecast losses going  forward as soaring fuel prices, weak revenue and excess  industry capacity broke a stream of profits at the parent of  America West Airlines.
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Scarborough, Tobago - The global airline industry would lose about $5 billion (R31 billion) this year, and more bankruptcies of carriers were likely, due in part to rising fuel costs, an International Air Transport Association official warned this week.
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The bankrupt airline says it must slash costs by January, or else it may not survive. It is currently losing $1 million a day.
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Delta Air Lines said today that it expected to lose as much as $675 million for the third quarter.
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General Motors Corp. reported the largest annual loss for an automotive company Tuesday and said it is making a new round of buyback offers to US hourly workers as it struggles to turn around its North American business amid a weak economy
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Texas power producer TXU Corp. TXU.N  posted a quarterly loss, weighed down by restructuring charges  on Wednesday, but forecast growth in 2005 and 2006, propelling  its share price to an all-time high.