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Zynga shares plunge on loss

2015-02-12 23:26:16| BBC News | Business | UK Edition

Shares in Farmville-maker Zynga plunge over 10% after the company reports widening losses as it struggles to continue to attract users to its games.

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Total write downs value of Canadian, US oil fields amid loss

2015-02-12 14:06:07| Oil & Gas - Topix.net

French energy producer Total wrote down the value of oil and gas fields in Canada and the United States and said it would slash investment after the collapse in market prices led to a net loss of $5.66 billion for the fourth quarter. Total SA said Thursday its earnings were weighed down by $6.5 billion in charges, mainly against the value of oil sands in Canada and unconventional gas fields in the United States.

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Seattle Genetics' pipeline investments lead to $27M Q4 loss, stock up slightly

2015-02-11 03:12:04| Biotech - Topix.net

Bothell-based biotech Seattle Genetics , which develops cancer treatments, posted a $27 million loss on revenue of $74 million in its fourth quarter earnings today. While the company's overall sales of $74 million in the fourth quarter increased from $67 million in fourth quarter 2013, its losses also increased to $27 million from $15.7 million during the same quarter a year ago.

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Telekom Austria Swings to Loss for 2014

2015-02-10 20:34:38| Steel - Topix.net

Telekom Austria AG said late Tuesday it swung to a net loss in 2014 as macroeconomic conditions in its Central and Eastern European markets and declining revenue in its home market of Austria weighed on results. For the year, Telekom Austria's net loss was a 185.4 million , compared with a 2013 net profit of a 52.1 million in 2013.

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Dean Foods swings to fourth quarter profit, but posts full-year loss

2015-02-10 16:20:54| Food - Topix.net

Dean Foods Co. swung to a fourth quarter profit from a previous-year loss, the Dallas-based dairy giant said Tuesday.

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