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.

dateApr 27, 2012 in Business
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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.

dateMay 15, 2009 in Business
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Google buys 5.94% stake in Lenovo

Google bought a 5.94 percent stake in Lenovo for $750 million on the same day it agreed to sell handset maker Motorola to the Chinese technology giant, a report said Friday.

dateFeb 07, 2014 in Business
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Top 5 items on Microsoft CEO's To-Do list

As with any new CEO, Microsoft's Satya Nadella will have a packed agenda that includes filling top management roles and re-examining strategy. The tech giant on Tuesday named Nadella to replace Steve Ballmer. ...

dateFeb 04, 2014 in Business
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