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Sony posts Q4 loss after writedown on smartphone business
2018-04-27 11:04:00| Telecompaper Headlines
(Telecompaper) Sony reported results for its fiscal year to March up more than forecast. Revenues rose 12.4 percent to JPY 8.544 trillion, and net profit jumped to JPY 491 billion from JPY 73 billion a year earlier. The company forecast lower profits for the current year, as it focuses more on margins over volume for its TV and smartphone businesses, and also sees a negative impact from exchange rates and lower investment gains.
Tags: business
posts
loss
sony
Barclays pushed into loss by US payout
2018-04-26 08:54:52| BBC News | Business | UK Edition
The bank says that while it paid $2bn to settle a lawsuit, it resolved a decade-old legacy issue.
Capita reveals steep loss and 701m rights issue
2018-04-23 09:56:19| BBC News | Business | UK Edition
The outsourcing group posts a loss of 513m but its boss says it is "completely different" to Carillion.
Tags: rights
issue
loss
reveals
Telia posts Q1 loss on divestments, starts share buyback as cash flow improves
2018-04-20 08:23:00| Telecompaper Headlines
(Telecompaper) Telia reported a net loss of SEK 600 million for the first quarter, versus a profit of SEK 7.05 billion a year ago, due to losses on divestments in central Asia. Revenues were still up 3.2 percent to SEK 19.85 billion, and adjusted EBITDA rose 7.4 percent to SEK 6.50 billion. Telia also announced plans to buy back SEK 5 billion in shares over the next three years.
SpaceX Wasnt Responsible for Loss of Secret Zuma Satellite
2018-04-10 16:45:12| Extremetech
According to a new government report, it was not SpaceX's fault that an expensive top-secret spy satellite failed to reach orbit earlier this year. The blame lies with aerospace firm and long-time government contractor Northrop Grumman. The post SpaceX Wasn’t Responsible for Loss of Secret Zuma Satellite appeared first on ExtremeTech.
Tags: responsible
loss
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