STMicro posts quarterly loss on charges
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STMicroelectronics NV  reported a quarterly loss compared with a year ago profit on Tuesday, citing about $906 million in impairment and restructuring charges.
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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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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.
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Intuit Inc. INTU.O, maker of  the No. 1 U.S. tax presentation software TurboTax, on Wednesday  posted a wider quarterly loss from a year earlier after taking  a goodwill impairment charge during its seasonally weaker  fourth quarter.
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Advanced Micro Devices Inc , the world's second-largest maker of computer microprocessors, on Thursday posted a wider quarterly net loss due to a $1.68 billion charge related to its purchase of graphics chipmaker ATI.
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Circuit City Stores Inc. CC.N, on  Friday reported a smaller quarterly loss as it kept a tight  rein on expenses and demand increased for digital televisions,  notebook computers and other popular products.
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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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The loss of $8.95 per share was atributed to charges related to the company's retreat from traditional telephone services.
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MCI Inc.'s MCIP.O quarterly loss  ballooned to $3.4 billion as the No. 2 U.S. long-distance  company wrote down the value of its assets due to a price war  in long-distance services, MCI said on Thursday.
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Samsung SDI Co. (006400.KS), the world&#39;s  third-largest plasma display panel (PDP) maker, posted a  worse-than-expected quarterly net loss on Friday, hurt by  tumbling prices of its television screens.
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Circuit City Stores Inc. reported a smaller quarterly loss Friday as it kept a tight rein on expenses and demand increased for digital televisions, notebook computers and other popular products.
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Advanced Micro Devices reported a heavy loss for its fourth quarter, due mostly to charges connected to its acquisition of graphics chip maker ATI.
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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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Infineon Technologies AG, the German maker of semiconductors, said Thursday that a downturn at its Qimonda computer memory chip subsidiary pushed it to a loss in the first quarter of its fiscal year as chip prices fell.
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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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Circuit City Stores Inc., the nation&#39;s No. 2 consumer electronics chain, reported a smaller-than-anticipated loss in the second quarter due to higher sales and fewer charges related to the sale of its bank-card business.
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Intuit Inc., the maker of TurboTax tax-preparation software and QuickBooks accounting programs, posted a wider loss in its latest quarter on acquisition-related expenses.