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Halliburton reports 1Q loss on costs tied to oil price slump
2015-04-20 15:34:23| Oil & Gas - Topix.net
Halliburton reported a $643 million loss for its first quarter, as the oilfield services provider continued to adjust to slumping energy prices that have forced layoffs and other cutbacks at companies across the sector. The Houston-based company said Monday that it booked about $823 million in after-tax charges during the quarter tied to asset write-offs, severance costs and other items.
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Pep Boys reports wider-than-expected loss
2015-04-14 00:34:22| Auto Parts - Topix.net
Pep Boys-Manny Moe & Jack said its loss widened significantly in its latest quarter as one-time charges and write-downs offset modest sales growth. "The fourth quarter was a time of transition for the company," said interim Chief Executive John Sweetwood.
Worthington Reports 3Q Loss, Closes Engineered Cabs Facility
2015-04-02 08:32:41| Steel - Topix.net
Worthington Industries, Inc., Columbus, Ohio, reported a net loss of $25.7 million on sales of $804.8 million for its fiscal third quarter. The company attributed much of the loss to charges related to the reorganization of its Engineered Cabs business and workforce reductions in its Oil & Gas Equipment business, which reduced earnings by $52.9 million.
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Balfour Beatty reports 59m loss
2015-03-25 08:43:08| BBC News | Business | UK Edition
UK construction firm Balfour Beatty reports an annual loss of 59m and announces it will not be paying an annual dividend.
RBS reports 3.5bn loss for 2014
2015-02-26 09:39:35| BBC News | Business | UK Edition
UK state-owned bank RBS reports a 3.5bn loss for 2014, down from 9bn loss the previous year.
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