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Ascena Retail shares tumble as loss widens in Q2

2018-03-06 10:16:00| Daily apparel & textile news and comment - from just-style.com

Shares in Ascena Retail Group were down more than 12% in after-hours trading on Monday (5 March) as the US women's wear retailer widened its net loss in its second-quarter.

Tags: loss retail shares q2

Liberty Global widens Q3 net loss in Europe

2017-11-02 01:00:00| Total Telecom industry news

Liberty Global late Wednesday reported a larger third quarter net loss in Europe. For the three months to 30 September, the U.S.-based cable group's net loss widened to $460 million (€394.17 million) from $168 million a year earlier. Operating income fell to $537 million from $764 million…read more on TotalTele.com »

Tags: net global europe loss

Telenor Q3 loss widens on writedowns, revenues still growing

2016-10-26 08:45:00| Telecompaper Headlines

(Telecompaper) Telenor saw its net loss for the third quarter widen to NOK 4.82 billion from NOK 1.77 billion a year ago, after writedowns on operations in India and stake in Vimpelcom. The company took an impairment charge of NOK 4 billion on its Indian licences after the recent spectrum auction there, while the Vimpelcom stake suffered total writedowns of NOK 2.4 billion after Telenor sold part of its shares in the Russian operator during the quarter. Telenor still reported a small increase in underlying results. Revenues rose to NOK 32.79 billion from NOK 31.84 billion a year earlier, with organic growth of 1.8 percent. EBITDA increased to NOK 12.46 billion from NOK 11.85 billion, and the margin increased to 38.0 percent from 37.2.

Tags: still loss growing revenues