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Losses at Lloyds narrow to 570m

2013-03-01 08:20:10| BBC News | Business | UK Edition

Lloyds bank narrows its losses for 2012 to 570m, from 3.5bn the previous year, and says the loss was mainly due to provisions for PPI mis-selling.

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Homeowners associations find short sales an option to recoup losses

2013-03-01 04:15:30| Real Estate - Topix.net

Some homeowners and condominium owners associations, struggling after the foreclosure crisis, are increasingly turning to short sales or rental agreements to stanch losses and prevent future damage to their neighborhoods, real estate brokers and association managers say.

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US: Sears improves, but Q4 losses heavy

2013-02-28 16:06:00| Daily apparel & textile news and comment - from just-style.com

Retail giant Sears Corporation saw an improvement to its fourth quarter and full-year results, but still posted heavy losses of $489m and $930m respectively.

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US: JC Penney losses widen on falling sales

2013-02-28 11:35:00| Daily apparel & textile news and comment - from just-style.com

US department store operator JC Penney saw fourth quarter net losses widen as the company said sales and traffic fell below expectations amid efforts to turnaround the business.

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US: K-Swiss losses narrow in Q4

2013-02-27 16:09:00| Daily apparel & textile news and comment - from just-style.com

Footwear brand K-Swiss saw fourth quarter net losses narrow to US$14m during the fourth quarter, compared to a $25m loss in the same period of the prior year.

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