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Ad-rate declines, mobile losses soften Google's earnings

2013-07-19 00:00:39| InfoWorld: Top News

Google's second-quarter revenue increased by 19 percent to about $14 billion, aided by consumers' shift to mobile devices, the company announced Thursday. But its stock fell as revenues and profits fell below Wall Street estimates, mainly due to ongoing reductions in ad rates and to huge losses suffered by Google's Motorola Mobility division, which all but disappeared from the mobile market a year ago as it is rumored to be reworking its entire product line.

Tags: mobile losses earnings declines

 

GM Looks For Ways to Cut European Losses

2013-07-11 09:00:07| AutomotiveDigest.com - Automotive Industry News

General Motors is making progress on its plan to slash costs in Europe, hoping to break even by mid-decade, while capitalizing on new products there. GM CFO Daniel Ammann speaks out on the issue of stemming losses. [More]The Article GM Looks For Ways to Cut European Losses appeared first on Automotive Digest.

Tags: ways cut european losses

 
 

REITs Slump 20% Fueling Worst Bond Losses Since ?94: Mortgages

2013-07-11 08:17:53| Real Estate - Topix.net

Annaly Capital Management Inc.'s Wellington Denahan, head of the largest mortgage real-estate investment trust, told investors less than three months ago that reports REITs could threaten U.S. financial stability were as misleading as the media frenzy over shark attacks in 2001.

Tags: bond worst losses mortgages

 

Steeling ourselves against job losses

2013-07-03 17:15:37| Railroads - Topix.net

The howls of outrage by steelworkers at the news the Metropolitan Transportation Authority is paying China $235 million for steel to repair the Verrazano-Narrows Bridge should be echoed by every New Yorker.

Tags: job losses

 

Ocado's losses up despite sales rise

2013-07-02 10:19:23| BBC News | Business | UK Edition

Online grocer Ocado reports a widening of losses despite seeing an increase in sales.

Tags: sales rise losses

 

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