Visteon Posts $1.36 Bln Loss on Charges
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Visteon Corp. VC.N, the No. 2 U.S.  auto parts maker, on Thursday posted a wider quarterly net loss  of $1.36 billion, citing charges, and said it expects rising  material surcharges and its high cost structure to hurt results  for the rest of the year.
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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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French media giant Vivendi Universal reported a second quarter net loss of 1.852 billion euros (2.3 billion dollars), six times larger than the 313-million-euro shortfall in the same period last year.
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NEW YORK -- Nortel Networks Corp. reported a loss of 6 cents per share in the third quarter and predicted lower sales for 2004 than in 2003 on Tuesday, providing some of its first concrete figures for the
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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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Merck posted a $1.63 billion fourth-quarter loss on Wednesday as  charges for its Vioxx litigation settlement dragged down results and share prices.
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Quarterly losses narrowed to $59 million, or 16 cents per share, from $139 million, or 43 cents per share, a year ago. Excluding about $63 million in restructuring, transformation and integration costs, the
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AT&T Corp. on Thursday reported a net loss of $7.1 billion, or $8.95 per share, for the third quarter of 2004, but that loss included asset re-evaluation and other charges of $12.5 billion.
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Vivendi Universal revealed on Tuesday the  full impact of selling most of its entertainment business, as  impairment charges incurred from the deal were largely behind a  nearly trebled first-half net loss of 1.86 billion euros ($2.28  billion.).
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Internet media software company  RealNetworks Inc. RNWK.O said on Wednesday posted a loss on  the continued cost of litigation against rival Microsoft Corp.  MSFT.O, but also posted record revenues.
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The telecommunications giant finished its first full year as a merged company with a net loss of 3.52 billion euros, or $5.1 billion, mostly on charges, and it predicted a loss for the current quarter.
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IAC/InterActiveCorp IACI.O, owner of  Internet travel site Expedia and the Home Shopping Network, on  Wednesday posted a quarterly loss as it took charges to write  down the value of two businesses.
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The Cablevision Systems Corporation, the countryâs third-largest cable operator, reported a loss of $23.9 million last quarter.
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Advanced Micro Devices , the world's second-largest maker of computer microprocessors, posted a wider quarterly net loss on Thursday due to a $1.68 billion charge related to its purchase of graphics chipmaker ATI.
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The business racked up nearly $1 billion in losses since 2001.
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Viacom Inc. on Thursday posted a quarterly loss on charges from spinning off the Blockbuster Inc. video rental chain, but its shares rose on a larger-than-expected stock repurchase and higher cable network advertising sales.
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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.