Infineon Reports 1Q Loss
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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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MCI has reported a $3.4bn (Â£1.8bn) third-quarter loss due mainly to a write-off of the value of its assets. The company&#39;s efforts to recover from its bankruptcy are being hampered by stiff competition in
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LONDON, November 9  - The German semiconductor company, Infineon Technologies (IFX.ETR), has projected a downturn in the semiconductor industry next year, after reporting a 10% y/y decline in its profits for the fourth fiscal quarter.
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Infineon&#39;s net profit fell to $54.6 million in the fourth quarter from $63 million in the third quarter of last year. The net result came up short of analyst forecasts of $169 million.
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Internet gaming company Sportingbet reports a first quarter loss of Â£241.4m, after selling its US business for Â£1.
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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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EUROPE&#39;s biggest chipmaker, Infineon, rocked the technology world today as profits fell e100m (Â£70m) short of analysts&#39; expectations.
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TechWeb - Last week, SCO reported a second-quarter loss of $1.1 million on revenue of $6 million.
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Watch your portfolio: Company expects a sharp loss as flash memory prices fall.
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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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Qwest Communications International Inc.  on Tuesday reported a smaller quarterly loss as it cut costs in its long-distance business.
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Germany&#39;s Infineon Technologies AG has agreed to plead guilty to charges of price-fixing and pay a $160 million fine as part of a US investigation into the computer-memory chip industry, US antitrust authorities said Wednesday.
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Electronics retailer Circuit City Stores Inc. reported a $54.6 million first-quarter loss Wednesday and withdrew its financial guidance for fiscal 2008 as the company slashed jobs and restructured to fend of competition.
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Advanced Micro Devices reported a heavy loss for its fourth quarter, due mostly to charges connected to its acquisition of graphics chip maker ATI.
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Qwest Communications International  Inc. Q.N on Tuesday reported a smaller quarterly loss as it  cut costs in its long-distance business.
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LONDON (CBS.MW) -- German memory chipmaker Infineon Technologies cautioned on customer demand for its current quarter after revealing it had been hit by inventory build-up, joining numerous chipmakers who have warned of the same in recent months.
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Palm Inc , the maker of Treo smartphones, posted a quarterly loss on Tuesday after a delay of a key new product.