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Waste-to-Energy Firm Covanta Posts Net Loss in First Quarter

2014-04-23 14:22:00| Waste Age

Waste-to-energy (WTE) firm Covanta Holding Corp. reported a net loss for its first quarter, although a smaller one than a year ago. read more

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Halliburton posts 1st-qtr net income of $622M, reversing year-ago loss stemming from oil spill

2014-04-21 15:44:29| Oil & Gas - Topix.net

Halliburton sells services to companies that drill for oil and natural gas, including helping them with hydraulic fracturing, a method of breaking up underground shale rock formations to release trapped gas.

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UPDATE 1-UTi Worldwide posts loss as demand for air freight weakens

2014-03-31 18:16:01| Logistics - Topix.net

Logistics company UTi Worldwide Inc reported a bigger-than-expected quarterly loss, hurt by weak demand for air freight as customers opt for slower, but cheaper, modes of shipping.

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BlackBerry posts FY net loss of USD 5.9 billion

2014-03-28 15:00:00| Telecompaper Headlines

(Telecompaper) BlackBerry has reported revenue of almost USD 976 million for the fourth quarter ending 01 March, down 18 percent or USD 217 million from around USD 1.2 billion in the previous quarter and down 64 percent or USD 2.7 billion from a year earlier. The revenue breakdown for the quarter was around 37 percent for hardware, 56 percent for services and 7 percent for software and other revenue. In Q4, BlackBerry generated hardware revenue on around 1.3 million smartphones, compared to around 1.9 million in Q3. Around 3.4 million BlackBerry smartphones were sold through to end customers in Q4, of which around 2.3 million were BlackBerry 7 devices. GAAP loss from continuing operations for Q4 was USD 423 million, compared to a loss of USD 4.4 billion in the previous quarter. Revenue from continuing operations for the year was USD 6.8 billion, down 38 percent from USD 11.1 billion in FY 2013. The GAAP net loss from continuing operations for fiscal 2014 was USD 5.9 billion, down from a net loss of USD 628 million a year earlier.

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Blackberry posts $5.9bn annual loss

2014-03-28 14:55:10| BBC News | Business | UK Edition

Smartphone maker Blackberry reports a loss of $5.9bn for its latest financial year, but says it is on "a path to returning to growth and profitability".

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