Chipmaker OmniVision posts 1st-qtr loss of $9.9 million as revenue falls 39 percentAugust 28th, 2009 Chipmaker OmniVision posts 1Q loss, revenue dropsSANTA CLARA, Calif. — OmniVision Technologies Inc., which makes image-sensing chips, said Thursday it lost $9.9 million in its first quarter, reversing a profit a year earlier as its revenue plunged 39 percent, but it offered an upbeat outlook for the current quarter.
Chipmaker Marvell Technology's 2nd-quarter profit falls 18 pct as revenue declines 24 pctAugust 28th, 2009 Chipmaker Marvell's 2Q profit falls as sales dropSANTA CLARA, Calif. — Marvell Technology Group Ltd., which makes chips used in phone networks, said Thursday its second-quarter net income fell 18 percent to $58.5 million as revenue slumped.
Dollar Financial posts 4Q loss, annual profit drops 97 percent as it closes 114 storesAugust 28th, 2009 Dollar Financial posts 4Q loss, annual profit dropBERWYN, Penn. — Dollar Financial Corp.
E.W. Scripps posts 2nd-quarter profit after recording year-ago loss on impairment chargeAugust 10th, 2009 E.W. Scripps posts 2nd-quarter profitCINCINNATI —Media company E.W. Scripps says it made a profit in the second quarter despite a decline in revenue.
Alliant Techsystems posts 28 percent increase in 1st-quarter profit on higher ammunition salesAugust 6th, 2009 Alliant Techsystems 1Q profit up on strong salesMINNEAPOLIS — Military contractor Alliant Techsystems Inc. said Thursday its fiscal first-quarter profit rose 28 percent on higher ammunition sales and improved margins, topping analysts' expectations.
Michelin posts euro122 million loss as crisis in automobile market shrinks demand for tiresJuly 31st, 2009 Michelin posts first-half lossPARIS — French tire maker Michelin on Friday posted a net loss of euro122 million ($172 million) in the first half as car- and truckmakers slashed production and as the company incurred costs for restructuring. The quarterly loss compared to net profit of euro430 million a year earlier.
Oshkosh posts 3rd-quarter loss as low demand for construction activity hurts some unitsJuly 30th, 2009 Oshkosh posts 3rd-quarter loss on lower demandOSHKOSH, Wis. — Vehicle maker Oshkosh Corp.
Sharp posts $265 million loss last quarter amid weakening demand for TVs, phonesJuly 30th, 2009 Sharp posts $265 million quarterly lossTOKYO — Japanese electronics maker Sharp Corp. sank to a loss last quarter as a companywide effort to cut costs failed to offset plunging demand.
Singapore Airlines posts first quarterly loss since 2003 as revenue plungesJuly 30th, 2009 Singapore Airlines posts first loss since 2003SINGAPORE — Singapore Airlines Ltd. posted its first quarterly loss since 2003 as tourism dropped and travelers sought budget carriers amid a global recession.
Norwegian aluminum concern Hydro posts 73 percent tumble in 2Q profitJuly 22nd, 2009 Norway's Hydro posts 73 pct 2Q profit tumbleOSLO — Norwegian aluminum supplier Norsk Hydro ASA on Wednesday reported a 73 percent plunge in second quarter profits, citing "historically" weak demand amid the economic crisis. Net profit fell to 211 million kroner ($33.5 million) in the second quarter, down sharply from 786 million kroner in the same period last year.
Norwegian aluminum company Norsk Hydro posts 73 percent tumble in Q2 profitJuly 22nd, 2009 Norway's Hydro posts 73 pct Q2 profit tumbleOSLO — Norwegian aluminum supplier Norsk Hydro ASA on Wednesday reported a 73 percent plunge in second quarter profits, citing "historically" weak demand amid the economic crisis. Net profit fell to 211 million kroner ($33.5 million) in the second quarter, down sharply from 786 million kroner in the same period last year.
Bond insurer MBIA posts 1st-quarter profit, reversing 5 straight losing quarters,May 11th, 2009 MBIA posts 1Q profit after 5 straight lossesNEW YORK — MBIA Inc. is reporting a profit for the first quarter, reversing a string of five consecutive quarterly losses as the bond insurer was rocked by the financial meltdown.
Taiwan's Acer says first-quarter profit drops 31 percent amid global slowdownApril 29th, 2009 Taiwan's Acer says quarterly profit sinks 31 pctTAIPEI, Taiwan — Taiwanese computer giant Acer Inc. said Wednesday its first-quarter profit declined 31 percent over the same period in 2008 because of contracting revenue for its products amid the global slump.
Wireless chipmaker Skyworks posts 2nd-quarter loss as sales fall, but sees improvement aheadApril 24th, 2009 Skyworks posts 2Q loss as sales fall 14 percentWOBURN, Mass. — Skyworks Solutions Inc., a maker of chips for wireless products such as cell phones, on Thursday reported a fiscal second-quarter net loss as sales fell 14 percent.
Reliance Industries quarterly profit down 9.4 pct, sales off 24.9 pct on low crude pricesApril 23rd, 2009 Reliance Industries quarterly profit falls 9.4 pctMUMBAI, India — Indian oil, gas and petrochemicals giant Reliance Industries Ltd. said Thursday that quarterly profits fell 9.4 percent and sales fell 24.9 percent, as waning demand pushed global crude prices lower.