Pulte posts big loss after charges
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Some of the biggest U.S. home builders reported large quarterly losses on Wednesday on big charges for lower property values and said orders continued to crumble, underlining the weaker U.S. housing market.
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HOUSTON, OCTOBER26: Hallburton Co. swung to a loss in the third quarter due to $230 million in charges to pay for a settlement of asbestos claims.
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The natural gas producer and pipeline operator said its fourth-quarter loss widened, hurt by a tax charge related to the sale of its stake in a pipeline.
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Stock sinks after-hours after home builder scales back forecasts due to price rollbacks in Sin City. LOS ANGELES  - Pulte Homes Inc.
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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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Battery maker's losses spark shareholders' charge for the door.
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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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Losses eat away at Comerica's Q3 results.
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Quarterly net income was $46.3 million against a year-earlier loss, but sales continued to fall at the retailer amid intense competition in the electronics sector.
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EVP loses his E BEA Systems will restate almost a decade's worth of earnings to the tune of nearly $400m thanks to misallocation of stock to employees.â¦
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Pulte Homes Inc. is cutting new home prices in Las Vegas, abruptly abandoning aggressive increases that helped drive up housing costs by tens of thousands of dollars.
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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 credit card and travel services company said Monday that net income was hurt by a charge to bolster reserves for bad loans.
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The Robert Mondavi Corp. swung to a loss in its latest quarter as the wine maker recorded restructuring and sales charges. The Napa-based company on Wednesday reported a net loss of $57.
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Walloped by charges, Boston Scientific posts a loss for the quarter.
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Sara Lee Corp.  posted a quarterly loss on Wednesday, hurt by charges to account for the lower value of some assets.
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LaBranche & Co. LAB.N , the largest  market-maker on the New York Stock Exchange trading floor, on  Monday posted a net loss for the third quarter amid a drop in  principal transcations and commissions.