3Com Posts Wider-Than-Expected Loss
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3Com Corp. (COMS.O: Quote, Profile, Research) on Thursday posted a wider-than-expected second-quarter loss, amid stiff competition from Cisco Systems Inc.
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Sprint Corp.  on Tuesday reported a wider third-quarter loss due to a writedown in the value of its long-distance business.
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NEW YORK (Dow Jones/AP) -- Sirius Satellite Radio Inc. on Wednesday said it posted a wider loss for the third quarter from a year earlier, as higher expenses -- particularly for National Football League programming -- more than offset a surge in revenue.
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AT&T Corp. T.N, the No. 3 U.S.  telephone company, on Thursday reported a $7.1 billion  third-quarter loss due to $12.5 billion in charges for cutting  asset values and jobs as it retreats from consumer services.
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3Com Corp. COMS.O on Thursday   reported a net loss for its first quarter that was narrower   than a year ago, as sales increased mainly due its joint   venture with China's Huawei Technologies Co. Ltd.
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The chip maker reported a net loss of $396 million, larger than Wall Street expected, but sales were up 23 percent on strong personal-computer demand.
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MCI (MCI), one of the nation&#39;s biggest long-distance operators, lost $3.4 billion in the third quarter because of a previously announced asset writedown of $3.
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US telecoms company MCI has seen its third quarter loss balloon to $3.4bn (Â£1.8bn) after a price war forced it to reduce the value of its assets.
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3Com Corp. COMS.O, a smaller rival of  telecommunications equipment maker Cisco Systems Inc. CSCO.O,  on Friday lowered its revenue and gross margin forecasts for  its fiscal first quarter, sending its shares down more than 10  percent.
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The Motley Fool - For more than three years running, networking equipment maker 3Com (Nasdaq: COMS - News) has consistently bested Wall Street's consensus earnings estimates -- yet it hasn't earned a profit in any quarter over the whole stretch. Last quarter, the firm managed to break even; might tomorrow's fiscal Q2 2007 report finally put 3Com in the black?
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Bankrupt US Airways Group Inc.  UAIRQ.OB on Thursday reported a wider third-quarter net loss  as storms and high fuel prices hurt results.
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XM Satellite Radio Holdings Inc.  XMSR.O on Thursday posted a wider fourth-quarter loss, but  revenue more than doubled as its subscriber base increased.
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Interpublic Group of Cos. Inc. (IPG.N: Quote, Profile, Research) on Wednesday posted a wider quarterly loss as hefty charges continued to weigh on the world&#39;s No.
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Cable operator Charter Communications Inc.  posted a wider quarterly loss on Wednesday as costs rose faster than sales and interest expenses increased.
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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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DENVER - Qwest Communications International Inc. lost $569 million in the third quarter, in part because of a $250 million charge that included higher reserves for potential liability from investigations and securities actions, the company said Thursday.
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Interpublic Group of Cos., the world&#39;s third-largest ad conglomerate, said Wednesday that third-quarter losses widened significantly on increased charges as well as greater salary and severance costs.