Credit Suisse says it does not expect Asian aviation sector to face “big earning downside,” despite losing revenue as flights into, within Europe disrupted by volcanic ash cloud from Icelandic volcano explosion since Thursday, says Dow Jones.
Posts Tagged ‘losses’
Slowing the losses
April 7th, 2010 |
No Comments
Some good news from the second differential
FOR the first time since the UN’s Food and Agriculture Organisation (FAO) started making decade-by-decade surveys of the world’s forests, it says it has evidence that efforts to slow the world’s rate of deforestation are working. The total area of forest on the planet is about 4 billion hectares (10 billion acres). In the “key findings” of its Global Forest Resources Assessment 2010 (the full report is not out for a few months) the FAO estimates that, during each of the past ten years, an average of roughly 13m hectares of forest (an area twice the size of Latvia) were either converted to other uses or lost through natural causes such as drought and fire. In the 1990s the figure was 16m hectares.
Reduced rates of deforestation in Brazil and Indonesia form a large part of the story, but the reduction was more broadly based. It was seen on all continents apart from Oceania and forest-free Antarctica—and the increased loss of forest in Oceania was caused largely by drought and fire, rather than by extra logging. …
Geithner: Taxpayers Are Likely to Face “Very Substantial” Losses From Government’s Takeover of Fannie and Freddie
March 23rd, 2010 |
No Comments
Tim Geithner told the House Financial Services Committee today that txpayers are likely to face “very substantial” losses from the government’s takeover of home mortgage giants Fannie Mae and Freddie Mac.As Shahien Nasiripour notes:Taxpayers have pumpe…
NOL expects losses to continue into first half of 2010
February 11th, 2010 |
No Comments
Neptune Orient Lines (NEPS.SI), the world’s fifth largest container shipping firm, is “quite likely” to report losses in the first half of 2010 despite an improvement in business conditions, it CEO said today.
Sprint Narrows Losses, Loses Fewer Customers
February 10th, 2010 |
No Comments
Pre-paid customers gained from the acquisition of Boost Mobile and Virgin Mobile USA allows Sprint Nextel to cut its chronic customer loss problem.
– Sprint Nextel managed to staunch its chronic subscriber loss problem in
the fourth quarter, reporting Feb. 10 that it lost a net 148,000
subscribers during the last three months of 2009, a substantial
improvement over the 545,000 who dropped Sprint in the third quarter.
Much
of the improv…
U.S. December job losses rise
January 13th, 2010 |
No Comments
Disappointing news on the jobs front from the U.S. Employers there laid off 85,000 people in December. That was a lot more than economists had predicted and was a blow to recent optimism about a recovery in the labor market.
Singapore GIC says booked losses from Stuyvesant Town
January 11th, 2010 |
No Comments
The Government of Singapore Investment Corp (GIC.UL) said on Monday it has recognised losses from its investment in New York apartment complex Stuyvesant Town back in October following an adverse court ruling.
“GIC recognised the losses following the ruling by the New York Court of Appeals in October 2009, which precipitated the default,” a spokeswoman for the sovereign wealth fund told Reuters.
Foreigners suffer heavy losses in Afghanistan
December 31st, 2009 |
No Comments
Foreign soldiers and civilians have suffered heavy losses in Afghanistan in the last twenty four hours. Four soldiers and one journalist – all from Canada – were killed in a roadside bomb attack in Kandahar province, a hotbed for the insurgency.
Lifebrandz posts net profit of $15,000 for Q1, reversing losses
December 11th, 2009 |
No Comments
Club operator Lifebrandz has posted first quarter net profit of $15,000, reversing a $992,000 loss in the same period last year.
Sales were $8.4 million for the three months to Oct 31, falling 1% from last year.
Lifebrandz said its new operations, Mulligan’s Irish Bar and Borgata Trattoria Osteria, have done well since opening in September.
It says it was cautiously optimistic of the outlook in coming months and is looking at chances to upgrade its facilities while managing its costs.
{jcomments on}
Small Business Unemployment Losses Stabilizing, Report Finds
December 3rd, 2009 |
No Comments
Automatic Data Processing’s (ADP) monthly employement report found small businesses shed 68,000 jobs in November, but the sector may be stabilizing.
–
Job losses among small to medium-size businesses (SMBs) are
slowing, according to the latest report from Automatic Data Processing (ADP), a
measure of employment derived from an anonymous subset of roughly 500,000 U.S.
business clients. Small businesses shed a total of 68,000 empl…
Small Business Unemployment Losses Stabilizing, Report Finds
December 3rd, 2009 |
No Comments
Automatic Data Processing’s (ADP) monthly employement report found small businesses shed 68,000 jobs in November, but the sector may be stabilizing.
–
Job losses among small to medium-size businesses (SMBs) are
slowing, according to the latest report from Automatic Data Processing (ADP), a
measure of employment derived from an anonymous subset of roughly 500,000 U.S.
business clients. Small businesses shed a total of 68,000 empl…
Wireline Losses Drain Verizon’s Profits
October 26th, 2009 |
No Comments
Telecom giants records 10 percent third quarter profit decline despite healthy growth in wireless services that saw 1.2 million new wireless subscribers and wireless revenue jumping 24.4 percent to $15.8 billion.
– Despite layoffs and a growing wireless segment, Verizon Communications
reported Oct. 26 a 10 percent decline in third quarter profits. Verizon
said
net income for the quarter totaled $2.89 billion, down from $3.20
billion in the third quarter last year as customers continued to cut
their wireli…
Pimco’s Tony Crescenzi: Structural Changes in the Economy Will Lead to Long-Term Job Losses
September 7th, 2009 |
No Comments
The Washington Post noted last month that job losses might be caused by structural changes that are lowering the number of jobs in America on a long-term basis:Another disturbing development was that the number of people out of work for 27 weeks or lon…
BusinessWeek Sale: McGraw-Hill May Give Away For $1
July 14th, 2009 |
No Comments
McGraw-Hill might reap only a nominal $1 by selling Business Week, according to people familiar with the 80-year-old financial magazine’s record of losses
More on Magazines