Pilot strike drags SAS net loss further down

Scandinavian airline SAS announced Tuesday that its second-quarter earnings were severely impacted by a week-long pilot strike in late April, saying it would lower its forecast for the year.

Pinterest reports smaller 1Q loss but results drag stock

Pinterest, fresh off its initial public offering, posted a loss for the first three months of the year that was larger than analysts were expecting, though revenue was slightly stronger. Its revenue forecast, though, was ...

Brazil's Embraer posts net loss for 2018

Brazilian airplane manufacturer Embraer, in the process of a partial takeover by US giant Boeing, announced a net loss of 669 million reais ($183 million) for 2018.

Analysts expect Tesla 2Q revenue gain but big net loss

Tesla's second-quarter revenue should grow by more than $1 billion as it delivered more Model 3 electric cars. But analysts predict it won't be enough to stop the company's net loss from rising dramatically when the Palo ...

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