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Moody's downgrades Nokia as losses continue

2013-08-23 02:00:00| Total Telecom industry news

Ratings firm warns Finnish handset maker unlikely to break even on cash flow until well into 2014.

Tags: continue nokia losses downgrades

 

US: Q2 losses mount at Sears despite "progress"

2013-08-22 17:00:00| Daily apparel & textile news and comment - from just-style.com

Retail group Sears Holdings posted a bigger net loss in the second quarter thanks to revenue declines across Kmart and Sears in the US and Canada.

Tags: progress mount losses sears

 
 

Homebuilders Turn Losses Into Gains as Home Sales Surge; Toll Brothers Jumps 2% on Earnings

2013-08-21 19:38:57| Auto Dealers - Topix.net

Sales of previously owned U.S. homes climbed more than forecast in July to the fastest pace since November 2009 as more buyers entered the market before further increases in mortgage rates.

Tags: on home sales turn

 

US: Citi Trends Q2 losses narrow on higher sales

2013-08-21 16:36:43| Daily apparel & textile news and comment - from just-style.com

Value-priced apparel retailer Citi Trends has seen its second quarter losses narrow, thanks to higher sales.

Tags: sales higher narrow trends

 

US: Q2 losses continue to widen at JC Penney

2013-08-20 15:06:00| Daily apparel & textile news and comment - from just-style.com

Beleaguered US department store operator JC Penney has seen its second quarter net losses widen as it works to turn around the flailing company.

Tags: continue losses widen penney

 

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