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National City Posts $1.8 Billion Loss
National City, a large regional bank, posted $1.76 billion in losses, hurt by soaring losses on mortgage and construction loans and a write-down for acquisitions.
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Sprint Posts $29.5 Billion Loss on Nextel Writedown (Update8) - Bloomberg
Turkish PressSprint Posts $29.5 Billion Loss on Nextel Writedown (Update8)Bloomberg - 3 hours agoBy Crayton Harrison Feb. 28 (Bloomberg) -- Sprint Nextel Corp., the third- biggest US wireless carrier, posted a $29.5 billion loss and scrapped its dividend after writing
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UPDATE:AIG Posts $7.8 Billion Loss, Seeks Capital As Damage Mounts - CNNMoney.com
CNBCUPDATE:AIG Posts $7.8 Billion Loss, Seeks Capital As Damage MountsCNNMoney.com - 1 hour agoAmerican International Group (AIG) joined the ranks of the credit crisis's biggest losers Thursday, reporting a $7.81 billion first-quarter loss and announcing plans to raise
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Citigroup Posts Record Loss on $18 Billion Writedown (Update6) - Bloomberg
Boston GlobeCitigroup Posts Record Loss on $18 Billion Writedown (Update6)Bloomberg - 5 hours agoBy Bradley Keoun Jan. 15 (Bloomberg) -- Citigroup Inc. posted the biggest loss in the bank's 196-year history as surging defaults on home loans forced it to write down the
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National City Nears Accord With Corsair for $7 Billion Infusion - Bloomberg
National City Nears Accord With Corsair for $7 Billion InfusionBloomberg - 1 hour agoBy David Mildenberg and Elizabeth Hester April 20 (Bloomberg) -- National City Corp., Ohio's largest bank, may receive $6 billion to $7 billion from a group led by Corsair Capital LLC to h
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Lehman Posts Loss and Plans to Raise Capital - New York Times
Lehman Posts Loss and Plans to Raise CapitalNew York Times - 3 hours agoBy JENNY ANDERSON and LOUISE STORY Lehman Brothers, seeking to allay concern that it might become the next Wall Street bank to founder, said Monday that it would raise $6 billion to shore up its weakene
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AIG posts $5.3B loss in 4Q - BusinessWeek
RTT NewsAIG posts $5.3B loss in 4QBusinessWeek - 1 hour agoBy DAN SEYMOUR American International Group Inc., the largest insurer in the US, lost more than $5 billion in the fourth quarter as bad credit ate into its investments, the company said Thursday.Record Loss
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Oct. 9, 2000: Ozone Hole Exposes Chilean City
2000: The Antarctic ozone hole extends so far north that health officials in Punta Arenas, Chile, start warning residents not to go out in the midday sun. At 53 degrees south latitude, Punta Arenas is the world's southernmost city, sitting on the Straits of Magellan only 900 miles from Antarcti
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Oct. 9, 2000: Ozone Hole Exposes Chilean City
2000: The Antarctic ozone hole extends so far north that health officials in Punta Arenas, Chile, start warning residents not to go out in the midday sun. At 53 degrees south latitude, Punta Arenas is the world's southernmost city, sitting on the Straits of Magellan only 900 miles from Antarcti
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Alcatel Posts Loss and Halts Dividend
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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Alcatel Posts Loss and Halts Dividend
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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CIT Posts $2 Billion Loss, but Shares Surge
The CIT Group posted a $2.1 billion quarterly loss after selling assets at a loss, but the company’s shares surged after it said it could meet its cash needs through the end of next year.
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Wachovia Posts $23.9 Billion Q3 Loss (AHN)
(AHN) - Wachovia announced Wednesday a $23.9 billion loss for the third quarter. The bank took a massive $18.7 billion charge for goodwill and restructuring as it prepares to be acquired by Wells Fargo. - Wed, 22 Oct 2008 15:24:47 GMT
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Circuit City Posts a Wider Loss as Sales Fall
Circuit City Stores said that its loss widened in the first quarter as sales at established stores dropped more than 11 percent.
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Circuit City Posts a Wider Loss as Sales Fall
Circuit City Stores said that its loss widened in the first quarter as sales at established stores dropped more than 11 percent.
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Merrill Posts Huge Loss; Chief Says Firm’s Capital Is Adequate
Merrill Lynch’s stock plummeted after it took a $16.7 billion write-down and had a $9.8 billion fourth-quarter loss.
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Alcatel-Lucent Posts Loss, but Revenue Climbs 18%
Alcatel-Lucent finished its first full year as a merged company with a net loss of 3.52 billion euros and sales of 17.79 billion euros, a 2.5 percent drop.
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Sprint Nextel Posts $29.5 Billion Loss
Sprint’s stock slid more than 9 percent after the company announced a $29.45 billion fourth-quarter loss, due mostly to a huge write-off related to its merger with Nextel Communications.
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Sprint Nextel Posts $29.5 Billion Loss
Sprint’s stock slid more than 9 percent after the company announced a $29.45 billion fourth-quarter loss, due mostly to a huge write-off related to its merger with Nextel Communications.
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Lehman Posts Loss and Plans to Raise Fresh Capital
The firm posted a loss of $2.8 billion and said that it will raise up to $6 billion in fresh capital from investors.
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