Your Search Returned 13 tagged news reports
The results marked the seventh straight quarterly loss for Washington-based Allied, which announced last month that it would be acquired by Ares Capital of New York for $648 million in an all-stock deal. The acquisition is expected to close in the first...
Tags: Fannie Mae, quarterly losses, Treasury Department, mae seeks, housing market, mae posts, government aid, Freddie Mac, foreclosure prevention, mae asked
Jabil posts lower 4Q profit but surpasses Street Jabil Circuit Inc. posted a sharp drop in its fiscal fourth-quarter profit Tuesday, hurt by charges and lower revenue, but the electronics parts maker said the worst of the recession appears to be over.
Tags: Micron Technology Inc, UBS AG, net earnings, quarterly losses, expected quarterly, Steve Appleton, fourth quarter, diluted share, share rise
The world's largest steel maker, ArcelorMittal SA, on Wednesday said the steel business is starting to recover, even as it posted a loss of $792,000 for the second quarter, its third consecutive quarterly loss. CEO Lakshmi Mittal said the company would...
Tags: ArcelorMittal SA, ArcelorMittal Swings, arcelormittal posts, Lakshmi Mittal, posts losses, quarter net, quarterly losses, steel industry, net losses, U.S. Steel
Samsung Electronics, the world's top maker of memory chips and LCD screens, posted a 72 per cent drop in quarterly profit that was well ahead of market expectations, and remained cautious on its outlook for the year. The battered memory chip sector is...
Tags: Samsung Electronics Sees, Samsung Electronics Co., net profit, Samsung Swings, billion won, memory chips, quarterly losses, quarters net, Bloomberg, profit fell
The Dow was on pace Monday afternoon to close below the 7000 level for the first time since 1997 as the markets were slammed by plunging financial stocks, bleak economic data and the fallout from the latest rescue of AIG...EDT, the Dow Jones Industrial...
Tags: Wall Street, quarterly losses
Monday, the benchmark S&P/ASX200 index was down 73.3 points, or 2.19 per cent, at 3271.2, while the broader All Ordinaries index had shed 68.4 points, or 2.07 per cent, to 3228.5...BHP Billiton shed 81 cents to $28.02 while rival Rio Tinto was down $2.61...
Tags: jones industrials, industrials average, quarterly losses, Dow Jones, lowest level, American International Group Inc., The Wall Street Journal, insurance giant, AIG Results
Warren Buffett has told shareholders in Berkshire Hathaway, the holding company of his insurance and asset management firm, that the group has turned in its worst-ever results, adding that investors are "bloodied and confused". Mr Buffett, widely acknowledged...
Tags: jones industry, industry average, AIG, quarterly losses, U.S, wall street
The U.S. banking industry lost more than $26 billion in the last three months of 2008, the first quarterly loss in 18 years. The number of banks that regulators classify as "troubled" rose nearly 50 percent during the same quarter. Banks lost money as...
Tags: U.S. Bank Industry Slammed, fourth quarter, quarterly losses, Sheila Bair, insured fund, banks industry
It is the second quarterly loss in a row for the company. 'The financial crisis has had an unprecedented impact on our industry and the magnitude of the crisis has left few companies untouched,' said CEO designate Jan Hommen. ING's top priority this year...
Tags: ING Groep NV, ING Group, ING Swings to Loss, net losses, group ing, fourth quarter, Jan Hommen, quarter net, quarterly losses, ing posts
Bank of America Corp, the largest US bank by assets, posted its first loss since 1991 and cut the dividend after receiving emergency funds from the government to support the acquisition of Merrill Lynch & Co. The fourth-quarter loss of $1.79 bn, or 48...
Tags: bank of america, merrill lynch, Merrill Lynch & Co, Bank of America Corp, Ken Lewis (executive), quarterly losses