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Virgin Australia posts $88 million loss, blames competition, restructuring cost and carbon tax
2013-09-01 09:27:34| Airlines - Topix.net
Major shareholders in Virgin Australia Holdings Ltd., the country's No. 2 airline, have provided it with a line of credit after the carrier Friday reported a 98 million Australian dollar annual loss.
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US: Bebe Stores posts Q4 loss on higher costs, markdowns
2013-08-30 13:07:00| Daily apparel & textile news and comment - from just-style.com
Women's wear retailer Bebe Stores has swung to a loss during its fourth quarter, after increased markdowns and higher costs weighed on sales and margins.
Wall Street slips, Dow posts biggest weekly loss of 2013
2013-08-17 14:53:31| Apparel - Topix.net
U.S. stocks fell slightly on Friday, and the Dow industrials posted the biggest weekly loss this year as rising bond yields hurt shares paying rich dividends and earnings from retailers disappointed investors.
Sina posts Q2 net loss while revenues grow 20%
2013-08-13 03:28:00| Telecompaper Headlines
(Telecompaper) Chinese internet company Sina grew net revenues 20 percent in the second quarter to USD 157.5 million from USD 131.6 million in the year-ago quarter. Advertising revenues were USD 120.6 million, up 17 percent year-on-year, and non-advertising revenues grew 30 percent to USD 36.9 million. Sina posted a net loss of USD 11.5 million, as the period included a one-off charge of USD 27.1 million in connection with the investment from Alibaba in Weibo. In Q2 2012, Sina posted a net income of USD 33.2 million. In April this year, Alibaba acquired an 18 percent stake in Sina's microblogging service Weibo for USD 586 million.
Plazacorp posts second quarter loss on costs related to acquisition
2013-08-12 21:30:12| Real Estate - Topix.net
Plazacorp Retail Properties Ltd. posted a $12.1 million loss for the second quarter, reversing a year-ago profit of $15.8 million partly because of costs related its acquisition of KEYreit.
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