British grocer J Sainsbury rings up first ever loss
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J Sainsbury reported its first ever pretax loss after investing heavily in restructuring aimed at arresting a decline in its fortunes.
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Barnes & Noble Inc. , the world's largest book retailer, on Thursday posted a first-quarter loss, citing charges stemming from the closure of its Internet distribution center and an investigation of its stock option granting practices.
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Vodafone reports a Â£14.9bn loss - a record for a UK firm - after writing down the value of assets.
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Tesco was among the leading FTSE 100 fallers on Monday after a downgrade from Morgan Stanley for Europe's largest supermarket group.
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Shares in J Sainsbury, the supermarkets group, have been surging all week on renewed bid speculation. Yet I think the company has to be believed when it insists that there have been no approaches, nor would
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J Sainsbury, the British supermarket chain, softened its opposition to Qatarâs Â£10.5 billion ($21 billion) takeover bid after Qatar said it would borrow less to pay for the deal.
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Capital One Financial of McLean posted its first quarterly loss ever, from the expense of shutting down its mortgage lender, and warned of additional challenges in the credit card and auto finance businesses.
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Confectionery and soft drinks giant Cadbury Schweppes has said it would incur costs totalling about 30 million pounds after being hit by a recent salmonella food scare.
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The Kerry Packer-backed Challenger Financial Services Group has reported its first net loss since incorporating, impacted by a massive writedown of goodwill.
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The food and household products maker said it lost $62 million in its most recent quarter, largely because of one-time charges.
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Sainsburyâs showed further evidence it was suffering at the hands of price-cutting rivals today as it warned that first half profits would slump by nearly two-thirds.
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J Sainsbury Plc , Britain's third-biggest supermarket group, confirmed it had received a preliminary bid approach from Qatari investment group Delta Two.
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Sportswear retailer suffers another damaging blow.
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Bear Stearns Cos Inc  on Thursday reported its first quarterly loss in the company's history, capping a fiscal year when the fifth-largest U.S. investment bank took a beating on bad bets on risky subprime mortgages.
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In a statement today supermarket chain Sainsbury said it expected first-half profits to drop nearly two-thirds compared with last year as a result of loss of market share.
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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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Jarvis, the support services group, announced a record loss yesterday as it wrote off Â£240m to cover past and future problems. It passed its half-year dividend and turnover fell almost 30 per