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Sprint to lay off 2,000 as losses mount
2014-11-04 00:13:09| Wireless - Topix.net
The wireless carrier announced Monday that it's laying off 2,000 people, after posting another quarter of massive losses. "We have started a transformational journey," new CEO Marcelo Claure said in a statement.
USA Truck posts third quarter gain, on track to end five years of losses
2014-11-03 19:05:15| Trucking - Topix.net
With a better than expected third quarter net income of $2.717 million, Van Buren-based USA Truck is on track in 2014 to end five consecutive years of losses. The third quarter net income of $2.717 million was an improvement over the $602,000 loss in the same quarter of 2013.
Maple Leaf Sees Losses Reduced
2014-11-03 01:00:00| ThePigSite - Industry News
CANADA - Maple Leaf Foods saw sales from continuing operations reach C$820.1 million for the third quarter, an increase of 8.2 per cent on last year, or 7.6 per cent after adjusting for the impact of foreign exchange, thanks to higher pricing in the Meat Products Group.
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Maple Leaf Foods losses continue as restructuring expenses climb in Q3
2014-11-02 23:46:27| Food - Topix.net
Maple Leaf Foods says the cost of closing down some of its older plants, including one in New Brunswick, and shifting production to a new facility in Hamilton, Ont., ate into its profits in the latest quarter. The Toronto-based meat processor reported a net loss of $26.7 million or 19 cents per share in the three-months ended Sept.
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Sony's reports $1.25 billion in losses over last quarter
2014-11-02 14:41:02| Electronics - Topix.net
If you only pay attention to Sony's Playstation 4 news, you'd think the company was killing it in sales and sitting in pools of cash as a result. Unfortunately this is not the reality for the Tokyo-based electronics company, who, just like Samsung , had some bad news to share in the month of October.
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