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US: Aeropostale swings to Q2 loss, forecasts further losses

2013-09-16 15:07:00| Daily apparel & textile news and comment - from just-style.com

US clothing retailer Aeropostale is forecasting a third quarter net loss and has extended store closure plans after the group swung to a second quarter loss.

Tags: loss losses forecasts swings

 

KPN Agrees to $4.9 Billion Tax-Book Loss on German Unit Sale

2013-09-16 12:50:30| Telecom - Topix.net

Royal KPN NV, the Dutch phone company expecting a takeover bid from America Movil SAB, said a planned sale of its German wireless business will allow it to pay less in taxes on future earnings.

Tags: sale loss unit german

 
 

KPN to book EUR 3.7 bln loss on E-Plus sale

2013-09-16 08:57:00| Telecompaper Headlines

(Telecompaper) KPN plans to take a book loss of EUR 3.7 billion on the sale of its German subsidiary E-Plus. The company said it reached agreement with the Dutch tax authorities on the amount of the loss. It will be able to offset the loss against future taxable profits, starting in 2014. KPN has agreed to sell E-Plus to Telefonica for EUR 5 billion plus a 17.6 percent stake in Telefonica Germany. The sale still requires shareholder approval.

Tags: book sale eur loss

 

Google's legal loss for Street View snooping called 'flawed'

2013-09-15 16:37:53| Wireless - Topix.net

A U.S appellate court's decision last week to permit a wiretapping case against Google to proceed, is based on flawed reasoning, a leading technology think-tank says.

Tags: view legal street called

 

US: Gymboree narrows Q2 loss on sales and margins

2013-09-13 13:27:00| Daily apparel & textile news and comment - from just-style.com

Higher sales and improved margins helped children's apparel retailer the Gymboree Corporation to narrower losses during the second quarter.

Tags: sales loss margins narrows

 

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