News tagged with unprofitable business
Eastman Kodak 1Q loss widens
(AP) -- Eastman Kodak Co. said Friday that its first-quarter loss widened on hefty charges related to its reorganization under bankruptcy protection and a drop in sales.
Apr 27, 2012 |
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Panasonic slumps to $4 billion yearly loss
(AP) -- Panasonic Corp. slumped deep into the red last fiscal year, joining the expanding club of big Japanese brands shellshocked by their rapid descent from cash cow to money loser.
May 15, 2009 |
4 / 5 (1) |
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Japan Inc. faces 'tectonic changes': analysts
Sharp's announcement that it will team up with Taiwan's Hon Hai Precision on a liquid-crystal display deal is the latest example of the "tectonic changes" rippling through hard-hit Japan Inc.
Apr 02, 2012 |
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Groupon's shares fall below IPO price in 3 weeks
Groupon Inc.'s stock fell below its initial public offering price for the first time Wednesday as investors reassess the challenges facing the still-unprofitable online deals company in a shaky economy.
Nov 23, 2011 |
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Ericsson sells its Sony Ericsson stake to Sony
LM Ericsson and Sony Corp. announced Thursday they will go separate ways as Ericsson sells its 50 percent stake in mobile phone maker Sony Ericsson to Sony for euro1.05 billion ($1.46 billion).
Oct 27, 2011 |
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FCC unveils rules for rural broadband fund
Federal regulators have unveiled a plan for overhauling the $8 billion fund that subsidizes phone service in rural areas and for the poor. It redirects the money toward broadband expansion.
Oct 27, 2011 |
3 / 5 (2) |
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FCC set to unveil rules for rural broadband fund
Federal regulators are set to reveal their plan Thursday for an overhaul of the $8 billion fund that subsidizes phone service in rural areas and for the poor, with the goal of redirecting the money toward broadband expansion.
Oct 26, 2011 |
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Apple 'genius' Steve Jobs dies from cancer
Suddenly, the next version of the iPhone doesn't seem so important. It's time to mourn Steve Jobs, the Silicon Valley maestro who always seemed to hit the right note as he transformed Apple Inc. into technology's ...
Oct 06, 2011 |
3.1 / 5 (7) |
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Oracle's net rises 36 percent, but servers slip
(AP) -- Stronger spending on business software helped Oracle Corp.'s quarterly profit jump 36 percent, but the company's server business further deteriorated, a decline Oracle attributed to its move to shed ...
Sep 20, 2011 |
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In Jobs' second act with Apple, a dramatic revival
Steve Jobs' resignation as Apple Inc.'s CEO on Wednesday was freighted with sentimental significance, the curtain call on a dramatic 14-year performance in which he rescued one of the world's most beloved ...
Aug 25, 2011 |
1 / 5 (2) |
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Phone companies present rural broadband plan
(AP) -- AT&T Inc., Verizon Communications Inc. and four other telecom companies are offering a proposal to overhaul the $8 billion federal phone subsidy program to pay for high-speed Internet connections in rural and other ...
Jul 30, 2011 |
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Pandora sings happy tune: IPO fetches $16 a share
(AP) -- Pandora Media Inc. sold its initial public offering of stock at $16 per share late Tuesday, fetching twice as much as the popular but unprofitable Internet radio service expected less than two weeks ago.
Jun 15, 2011 |
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