Leading Chinese TV Exporter Has Huge Loss
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China's biggest television exporter announced losses stemming in part from declining sales and a scandal involving its biggest U.S. customer.
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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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IBM&#39;s personal computer business, which it is selling to Lenovo Group of China, has lost money for the past 3 1/2 years. International Business Machines Corp.
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The restaurant giant posted a quarterly net loss of $711.7 million after taking a big charge for the sale of its outlets in Latin America.
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KB Home announces large loss, and an industry trade group releases data that show falling home sales.
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Heavy losses hit exchanges from China to Brazil
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The chip maker reported a larger-than-expected loss but showed progress in curbing its expenses and capturing a share of strong demand for personal computers.
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Flat-screen maker LG.Philips LCD Co. Ltd.  (034220.KS) reported a record quarterly loss on Tuesday, hit by  crumbling panel prices, and forecast a meaningful recovery only  in the fourth quarter.
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MCI Inc.&#39;s (MCIP.O: Quote, Profile, Research) quarterly loss ballooned to $3.4 billion as the No. 2 US long-distance company wrote down the value of its assets due to
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Deutsche Telekom posted a loss of nearly 900 million euros ($1.18 billion), prompting the company to look abroad for growth.
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Ebay, the world's biggest online auctioneer, is to close its primary China site and form a new partnership with Beijing based, Tom Online, according to news reports. Ebay is expected to pay $40 million for a 49% stake in the venture.
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Leading Chinese television manufacturer Sichuan Changhong Electric Co. said Tuesday it will post large losses in 2004 due to unpaid accounts arising from antidumping duties imposed by the United States.
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One of the nationâs largest home builders posted a loss for its most recent quarter as it wrote down the value of its inventory.
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SHANGHAI: Changhong, China&#39;s preeminent television maker, said yesterdays it expected to post a &quot;relatively big loss&quot; for 2004 after writing off debt and incurring short-term investment losses.
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Former CEO quits on heels of bad quarterly loss.
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Industry experts say that the financial trouble of one of the biggest Chinese makers of television sets will not affect the market much.
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Japanese megabank and merger target UFJ unveils huge losses and a $6.4bn cash injection from its favoured suitor.