NETHERLANDS: Ahold says Q3 loss highlights &#39;year of transition&#39;
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Dutch retail giant Ahold has reported a third-quarter net loss, as its results were impacted by exceptional costs and asset impairment charges.
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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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Dutch retailer Ahold NV, recovering from a major accounting scandal, reported a lower-than-expected second-quarter net profit of euro32 million (US$38.
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Continental Airlines on Tuesday posted a third quarter loss and said it sees itself losing money in 2005 as well. Free! Sign up here to receive our Weekly Roundup e-Newsletter!
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The Amsterdam commercial court  ordered a formal probe on Thursday into Ahold's management from  January 1998 to December 2003, dealing a blow to the retailer's  attempts to shake off the legacy of an accounting scandal.
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Third-quarter figures showing Cisco Systems continues to lose ground may be due to rough product transition.
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Knight Trading Group Inc., an equities trading company serving institutional and broker-dealer clients, said Wednesday that it will report a third-quarter operating loss of 1 cent to 4 cents per share due to poor performance in its
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The auto parts maker reversed a year-earlier loss, supported by strength in its business outside North America and a broad restructuring.
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Knight Trading Group Inc., an equities trading company serving institutional and broker-dealer clients, said Wednesday that it will report a third-quarter operating loss of 1 cent to 4 cents per share due to poor performance in its equity market trading
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The Dutch retailer Ahold has sold its network of almost 600 Spanish retail stores to the private equity group Permira in an $850 million deal, the two companies said on Sunday.
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The Q3 report shows declining numbers, but there's more to the story.
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The Dutch retail giant Ahold said Tuesday it had finalised the sale of its US division US Foodservice to private equity funds Clayton, Dubilier, Rice and Kohlberg Kravis Roberts for 7.1 billion dollars (5.2 billion euros).
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Computer chip maker Advanced  Micro Devices Inc. AMD.N on Thursday posted a third-quarter  profit compared with a loss a year earlier and predicted a  fourth-quarter pickup in sales.
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The German maker of semiconductors said that a downturn at its Qimonda computer memory chip subsidiary pushed it to a loss in the first quarter as chip prices fell.
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LONDON/AMSTERDAM  - Private equity and trade buyers are lining up bids for Dutch retailer Ahold's  3 billion euro ($3.8 billion) U.S. Foodservice division, British newspaper The Business reported on Sunday.
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WASHINGTON  - AT&T Corp. on Thursday reported a $7.1 billion third-quarter loss due to an $11.4 billion writedown of its assets after its retreat from consumer services and other restructuring charges.
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Discount brokerage Charles Schwab Corp. suffered a $41 million loss during its fiscal third quarter as it absorbed costs from job cuts and other restructuring steps it hopes will reverse a protracted slump.