Piedmont Natural Gas posts 3rd-quarter loss as revenue tumbles by nearly halfSeptember 4th, 2009 Seasonal demand weakness hits Piedmont Natural GasCHARLOTTE, N.C. — Piedmont Natural Gas Inc.
Stocks lower as investors pause from recent runup, little moved by rise in consumer spendingAugust 4th, 2009 Market pauses from recent runup, stocks open lowerNEW YORK — Investors are pausing after the market's huge rally, pushing stocks slightly lower as they wait for more confirmation that the economic recovery is under way. The early slide in stocks on Tuesday follows mostly lower trading on overseas markets and comes after a three-week-long rally that catapulted the benchmark Standard & Poor's 500 index past the 1,000 mark on Monday for the first time since November.
Stocks slide despite reports showing uptick in consumer spending, more healing in housingAugust 4th, 2009 Stocks drift lower, investors pause from rallyNEW YORK — Stocks drifted lower Tuesday, taking a break from a huge rally, as more signs of healing in the housing market and an uptick in consumer spending failed to spur buying. The dip comes after a three-week-long surge that catapulted the Standard & Poor's 500 index past the 1,000 mark on Monday for the first time since November.
Uptick in consumer spending has little impact on market as futures point to lower openAugust 4th, 2009 Stock futures lower, little moved by consumer dataNEW YORK — U.S. stock futures are pointing to a lower opening Tuesday as investors around the world pause after a recent runup, hoping for more confirmation that an economic recovery is underway.
US Steel reports another quarterly loss as metal demand remains low amid global downturnJuly 28th, 2009 US Steel posts another quarterly lossMONEY LOST: U.S. Steel posted its second straight quarterly loss for the April-June period.
Riverbed Technology's 2nd-quarter loss narrows on boost in revenueJuly 24th, 2009 Riverbed Technology 2Q loss narrows on revenueSAN FRANCISCO — Data services provider Riverbed Technology Inc. said its second-quarter loss narrowed on a boost in revenue from services.
Regional bank KeyCorp reports smaller 2Q loss, but continues to build loan loss provisionsJuly 22nd, 2009 KeyCorp reports narrower 2Q lossCLEVELAND — Banking company KeyCorp posted a narrower second-quarter loss on Wednesday but still missed Wall Street expectations as it continues to build up cash reserves to cover bad loans. The regional bank based in Cleveland said its loss attributable to common shareholders was $390 million, or 68 cents a share, in the April-June quarter.
AK Steel reports $47 million loss for 2nd quarter as auto industry puts brakes on demandJuly 21st, 2009 AK Steel posts $47M loss for 2Q as demand fallsPITTSBURGH — AK Steel Holding Corp., a supplier of steel for cars and trucks, on Tuesday posted a second-quarter loss of $47.2 million, partly due to shrinking demand from the battered auto industry. But the results beat Wall Street expectations.
Idaho Supreme Court rejects suit from shareholder claiming price-fixing by Micron TechnologyJuly 16th, 2009 Idaho high court rejects Micron price-fixing claimBOISE, Idaho — The Idaho Supreme Court has refused to revive a lawsuit brought by a shareholder who claimed Micron Technology's top officials were taking part in a price-fixing scheme. In its unanimous ruling handed down Thursday, the high court agreed with 4th District Judge Darla Williamson and said the shareholder, Scott Orrock, failed to first demand to Micron's board members fix the problem, which is required for a derivative lawsuit.
Ciena reports fiscal 2nd-qtr loss on $456M goodwill impairment chargeJune 4th, 2009 Ciena reports fiscal 2Q loss on impairment chargeLINTHICUM, Md. — Ciena Corp., the telecommunications and network equipment company, said Thursday it lost $503.2 million in its fiscal second quarter, due to a hefty goodwill impairment charge and a steep drop in revenue.
Weyerhaeuser posts 1st-qtr loss on weak housing market but adjusted results top estimatesMay 5th, 2009 Weyerhaeuser posts 1st-qtr loss on weak housingFEDERAL WAY, Wash. — Weyerhaeuser Co.
IDT reports fiscal 4th quarter loss on lower revenue, writedown in company's valueMay 1st, 2009 IDT reports fiscal 4th-qtr lossSAN JOSE, Calif. — Integrated Device Technology Inc.
Fiat reports $410 million ($531 million) loss in 1st qtr with volumes down in all businessesApril 23rd, 2009 Fiat reports $410 million first quarter lossMILAN, Italy — Fiat Group SPA, which is in the final stretch of talks to take a possible minority stake in the U.S. automaker Chrysler, says it made a first-quarter loss of euro410 million ($530.83 million) as sales of autos plummeted due to the global economic crisis.
Fiat reports $410 million ($531 million) in 1Q losses with volumes down in all businessesApril 23rd, 2009 Fiat reports $410 million Q1 lossMILAN, Italy — Fiat Group SPA, which is in the final stretch of talks to take a possible minority stake in the U.S. automaker Chrysler, says it made a first-quarter loss of euro410 million ($530.83 million) as sales of autos plummeted due to the global economic crisis.
McClatchy reports 1Q loss of $37.5M as fall-off in advertising takes results below estimatesApril 23rd, 2009 McClatchy reports wider 1Q loss of $37.5MSACRAMENTO, Calif. — The publisher McClatchy Co.
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