Sainsbury's reports first loss
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Supermarket Sainsbury's reports what is believed to be its first loss, as it struggles to turn around its ailing fortunes.
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Morrisons today revealed a 7.6% fall in interim pre-tax profits, as the supermarket group suffered another hit from the Safeway chain it took over in March.
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UBS AG, Europeâs largest bank by assets, reported its first quarterly loss in almost five years after $4.4 billion in losses and writedowns on fixed-income securities.
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The electronics retailer reported a $54.6 million first-quarter loss and withdrew its financial guidance for fiscal 2008 as it cut jobs and revamped.
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Business & money: Supermarket chain follows Tesco in reporting lower than expected figures.
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J Sainsbury Plc , Britain's third-biggest supermarket operator, said on Friday it had sold a 5 percent stake in Sainsbury's Bank for 21 million pounds ($41 million) to British banking group HBOS Plc  as potential bidders continue to circle the retailer.
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OAK BROOK, Ill. -- McDonald's Corp. said Tuesday that it posted its second-ever loss _ its first in nearly five years _ losing $711.7 million in the second quarter because of a hefty one-time charge.
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Shaw Group Inc.  on Thursday said it expects to record a loss of about $23.8 million, or 30 cents per diluted share, when it restates results for its first fiscal quarter ended February 28, 2007.
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Struggling UK supermarket chain Sainsbury's issues its third profit warning of the year, saying half-year profits are set to fall to as little as Â£125m.
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Delayed A380 blamed Airbus has posted the first loss in its corporate history, blaming delays to the A380 superjumbo.â¦
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Homebuilder D.R. Horton Inc.  said on Tuesday declining home values would lead it to post its first quarterly loss since it listed on the New York Stock Exchange in 1995.
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J Sainsbury, the third-largest supermarket chain in Britain, said Monday that first-half profit fell by about 66 percent as the company lost business to companies including Tesco and Wal-Mart Stores&#39; ASDA.
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Bear Stearns Cos Inc  on Thursday reported its first quarterly loss in the company's history, capping a fiscal year when the fifth-largest U.S. investment bank took a beating on bad bets on risky subprime mortgages.
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Business & money: Swiss bank suffers a further Â£2bn writedown, pushing it into the first annual loss in its history
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McDonald's sees its first quarterly loss in almost five years as it retreats from parts of Latin America and the Caribbean.
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British supermarket group J. Sainsbury expects its first half pretax profits to come in a Â£125 million to Â£135 million range ($223-$241.
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Troubled grocery chain J Sainsbury PLC, Britain&#39;s third-biggest supermarket retailer, said Monday it expected to announce a big drop in profits for the first half of this year.