Vivendi Universal reports big loss in second quarter
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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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Netflix took a double hit on Tuesday, as its Web site outage moved into a second day, and it reported the first quarterly customer losses in its history.
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The electronics company posts a big loss amid a variety of problems the company says are "self-induced." It also warns it expects an operating loss for the current quarter, which includes the rest of the holiday selling season.
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Internet-based holiday company Ebookers says second-quarter loses have been cut compared with the same period a year ago.
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Second-quarter profit dropped 16 percent, hurt in part by costs associated with revamping its consumer electronics return policy.
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Vivendi Universal posted a near doubling in its first-half net loss to 1.86 billion euros ($2.28 billion) on Tuesday, hit by currency translation losses linked to its
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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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THE French media group Vivendi Universal today said that a surging net loss so far this year would give way to better-than-expected adjusted net income for 2004 as a whole.
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Hudson&#39;s Bay Co., Canada&#39;s biggest department store chain, said it had its first second-quarter net loss in seven years as unseasonably cool weather damped demand for summer clothing.
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PARIS Vivendi Universal, the French media and communications company, on Tuesday blamed a weaker US dollar for a larger-than-expected first-half loss but predicted a significant turnaround in its fortunes by year&#39;s end - thanks in large part to a change
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Profits plummet in the second quarter, but the retailer looks to a brighter tomorrow.
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NEW YORK: Toys R Us, which is considering getting out of the toy business, yesterday posted a second-quarter operating loss on poor sales of video games and markdowns on older merchandise.
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French media and telecommunications giant Vivendi on Wednesday reported full-year adjusted net profit of 2.61 billion euros (3.43 billion dollars), up 17.9 percent from a year earlier.
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Quality Distribution is hammered after reporting a large loss for the second quarter.
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PARIS, Sept 14  - French media giant Vivendi Universal on Tuesday reported a surge in its net loss so far this year but forecast a sharp turnaround in its finances for all of 2004.
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Citing continued weakness in the semiconductor test equipment industry, LTX Corp. widened its fiscal second-quarter loss estimate and lowered its revenue guidance. The Westwood company said it now expects to report a second-quarter loss of 31 to 33 cents a share, excluding charges, greater than a loss of 26 to 28 cents that it projected in November. The supplier of ...
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The company said it expects to post its second quarterly loss in more than 50 years because of a hefty one-time charge.