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Cenovus Energy posts Q1 loss; takes hit from currency loss, lower oil, gas price
2015-04-29 16:12:43| Energy - Topix.net
Cenovus Energy Inc. posted a $668-million net loss in the first quarter, largely as a result of currency fluctuations. It also had an operating loss due primarily to lower cash flow because of average prices for crude oil and natural gas.
Takeda warns of loss after $2.4 bn diabetes drug settlements
2015-04-29 09:19:20| Biotech - Topix.net
Top Japanese drugmaker Takeda Pharmaceutical on Wednesday warned of its first annual loss in more than six decades after agreeing to pay around $2.4 billion to settle lawsuits over its Actos diabetes drug, amid cancer claims. The company said costs regarding the US lawsuits would send it into the red for the first time since it was listed on stock exchanges in 1949.
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drug
diabetes
settlements
FedEx target TNT Express posts fourth consecutive quarterly loss
2015-04-29 04:14:08| Air Courier - Topix.net
A couple of weeks after its acquisition by Memphis-based FedEx Corp. was announced , TNT Express NV reported its fourth consecutive quarterly loss. According to Bloomberg , the company, which reported its first quarter 2015 earnings this week, had a loss of $21 million for the first quarter, compared to net income of more than $2 million in the first quarter of 2014.
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express
loss
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AK Steel reports 1Q loss
2015-04-28 16:20:57| Steel - Topix.net
On a per-share basis, the West Chester, Ohio-based company said it had a loss of $1.72. Losses, adjusted for asset impairment costs, were 28 cents per share.
Tags: reports
loss
steel
steel reports
China Xiniya confident despite Q4 loss
2015-04-28 12:03:43| Daily apparel & textile news and comment - from just-style.com
Men's wear business China Xiniya Fashion said it hopes a number of cost cutting initiatives will help reverse a net loss the company revealed in its fourth-quarter.
Tags: china
loss
confident
xiniya
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