Lucrative Cash Package Came as Fairchild Reported $53.2 Million Loss
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For Jeffrey J. Steiner, chairman and chief executive of Fairchild Corp., nearly $2.5 million in salary last year was just the beginning.
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United Airlines parent UAL Corp. reported a $53 million loss for the fourth quarter Tuesday on a sharp rise in the price of fuel and bad weather that forced a raft of holiday flight cancellations.
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D. R. Horton posted a loss of $128.8 million, or 41 cents a share, for the first quarter ended Dec. 31, in contrast to a year-earlier profit of $109.7 million, or 35 cents a share.
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The disclosure this week that a Singapore-listed company controlled by a Chinese state-owned enterprise lost $550 million in derivatives transactions
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DirecTV reported a net loss of just over $1 billion in the quarter ended September 30th, compared to a loss of $23 million in the same period last year.
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The bank said it lost about $854 million, exceeding analystsâ fears about how badly it would suffer from its subprime mortgage bets.
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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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Bankrupt auto parts maker Delphi Corp.   DPHIQ.PK on Friday posted a $533 million net loss for August   in a limited monthly report for the U.S. Bankruptcy Court in   New York.
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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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The auto parts supplier reported a fourth-quarter loss of $43 million due to restructuring charges and write-downs.
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The discount brokerage posted a larger-than-expected quarterly loss after a $2.2 billion charge related to the sale of its asset-backed securities portfolio.
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For the period that ended Dec. 31, the company reported a loss of $16 million, or 11 cents a share, in contrast to a profit of $18 million, or 12 cents a share, in the period a year earlier.
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Company's handset business is in trouble, as it reports heavy losses on slow sales, sending its stock down more than 22 percent in midday trading.
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BEIJING  - Leading Chinese television manufacturer Sichuan Changhong Electric Co. said Tuesday it will post large losses in 2004 due to unpaid accounts arising from antidumping duties imposed by the United States.
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Company posts big loss amid a variety of problems that are "self-induced." It also expects an operating loss for the current quarter, which includes the holiday selling season.
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FuelCell Energy reports a better-than-expected quarterly loss.
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With its cash reserves dwindling and losses continuing to mount, The SCO Group Inc. is taking measures to cut its expenses and ensure it will have enough cash to process its lawsuit with IBM Corp, the company announced during its quarterly earnings conference call Tuesday. SCO reported a loss of $7.4 million on revenue of $11.2 million for the third quarter - a loss that was affected by the $7.2 million in legal expenses the company incurred during the quarter, which ended July 31.