Lastminute.com tumbles as FY losses widen, below view
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LONDON (CBS.MW) -- Shares of Lastminute.com (UK:LMC) tumbled 12.5 percent after pre-tax losses for the Sept. 30 ending fiscal year widened to 77.2 million pounds from 47.7 million pounds, which company co-founder
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Plus: Palm's losses continue...Take-Two loss shrinks, but outlook falls short...Adobe profit up 21 percent.
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U.S. stock futures pointed to a lower  open on Thursday, weighed down by disappointing earnings from  online auctioneer eBay Inc. EBAY.O and a soft outlook from  wireless technology company Qualcomm Inc. QCOM.O late in the  previous session.
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Shares in Alliance & Leicester fall by more than 31% - much of the fall coming in the last half hour of trading.
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Leading shares extended losses to close markedly lower, hit harder in afternoon deals by a negative session on Wall Street amid rising bond yields, and with HBOS falling almost 4 percent after its trading update revealed disappointing mortgage market figures.
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Take-Two Interactive posts another loss. Will a restructuring plan save the day?
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Lastminute.com Plc, the UK&#39;s largest Internet travel company, said its fourth-quarter loss more than doubled as costs for closing offices and cutting jobs exceeded forecasts.
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Plus: Time Warner net income slips...Cell phone unit shores up Verizon...Gateway trims loss in third quarter...EDS delays earnings.
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AnnTaylor Stores Corp. ANN.N on  Friday forecast a fourth-quarter net loss, including charges,  of between 14 and 18 cents per share.
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Sobering expectations â foreshadowed on Sunday when management announced lower prices â weighed on the companyâs already drooping stock.
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By Bruce V. Bigelow, The San Diego Union-Tribune  Jan. 31--The price of Websense shares dropped nearly 13 percent in  after-hours trading yesterday, after the San Diego Internet company posted  lower-than-expected financial results for the last three months of 2006.
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U.S. shares are seen opening lower on   Friday, extending the previous session's losses when equities   were hit by concerns about economic growth
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Some customers are concerned that domain registrar and hosting firm can't handle early move to Daylight Saving Time.
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Lastminute.com Plc, an unprofitable UK travel company, expects profit before interest, taxes, depreciation and amortization to be at the lower end of its forecast in fiscal 2005 as the company struggles to cut costs.
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The company said its quarterly loss ballooned to $302.6 million as it struggled with its mortgage lending arm and said it is trying to renegotiate the sale of the unit.
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Standard &amp; Poor&#39;s Equity Research said the purchase of Rent.com by eBay (nasdaq: EBAY - news - people ) could be a bit of a miscalculation.
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Take-Two posts a market-beating loss -- but is it out of the danger zone yet?