LOCAL EARNINGS Group 1 Automotive posts $9.6 million loss
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â¢ Group 1 Automotive reported a net loss of $9.6 million for the third quarter, which ended Sept. 30. The results include a charge of $29.
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The number 1 U.S. automaker slides as investors anticipate December sales results to be weak.
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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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The business racked up nearly $1 billion in losses since 2001.
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FRANKFURT, Germany (International Herald-Tribune) - Automaker Daimler AG, which sold off most of its stake in Chrysler this year, posted a loss of $2.18 billion for the third quarter on Thursday, largely because of write-offs related to the undoing of its merger with Chrysler. Analysts had expected a loss, given the Chrysler sale.  Excluding the one-time charges, the company said it would have posted profits of 1.1 billion euros ($1.57 billion).  Shares of Daimler rose 1.4 percent to 75.37 euros ($107.25) in Frankfurt.
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Auto retailer reports that profit fell 6 percent in the third quarter as sales of new cars declined. DETROIT  - Auto retailer CarMax Inc.
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General Motors Corp.  on Tuesday posted a 6 percent drop in U.S. vehicle sales for December, ending a year when it lost more than 1 percentage point of U.S. market share.
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General Motors Corp  on Tuesday  posted a quarterly loss reflecting a slump in its North  American market and losses at former finance subsidiary GMAC.
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Jarvis, the support services group, announced a record loss yesterday as it wrote off Â£240m to cover past and future problems. It passed its half-year dividend and turnover fell almost 30 per
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As expected, the athletic-shoe retailer posts a loss in the first quarter.
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General Motors Corp. GM.N on  Wednesday said its earnings fell 37 percent due to growing U.S.  health-care costs and bigger losses from its European  automotive operations.
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The loss, which came to $3.41 a share, was in contrast to a profit of $45.4 million, or 97 cents a share, in the quarter a year earlier.
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The parent company of American Airlines, the nation's largest carrier, posted a loss of $69 million during the fourth quarter as fuel prices and weather disruptions wiped out higher revenue.
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General Motors Corp. GM.N on Tuesday  posted a 6 percent drop in U.S. vehicle sales for December,  ending a year when it lost more than 1 percentage point of U.S.  market share.
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The chip maker reported a net loss of $396 million, larger than Wall Street expected, but sales were up 23 percent on strong personal-computer demand.
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General Motors Corp. has repeatedly failed to disclose vehicle safety defects to the federal government in a timely manner, leading to a $1 million penalty against the company last year, according to documents made public yesterday.
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TOKYO : Scandal-hit Japanese automaker Mitsubishi Motors interim net loss nearly doubled to 146.16 billion yen (1.38 billion dollars) and is to downgrade its full-year earnings forecast.