Analysts were expecting a loss of $784 million in the second quarter. Shipments of 4 million Lumia smartphones did not save the day, though investors reacted with enthusiasm.
Carrier reports a fourth quarter loss of $20 million up from a loss of $8 million a year earlier as the company spends more to acquire new customers.
The company generated a loss during the three months that ended in June -- a contrast to the small profit a year earlier.
Following a profitable first quarter, the strain of multiple product launches weighs on the e-commerce giant.
Saying the time is right to push data analytics deeper into businesses, IBM offers $27 per share for Netezza, with which it already has a long-standing relationship.
The company's results got a pick-me-up from an after-tax gain stemming from adjustments to its pension and benefit plans.
Under the lucrative contract, Boeing will develop the Next-Generation Air Transportation System designed to improve air-traffic control.
Despite customers paying more for fast data, only selling its stake in Verizon stopped the European network from seeing multibillion losses in the past year.
The news comes a day after India-based e-commerce rival Flipkart unveiled a new $1 billion funding round.
The Japanese tech giant says it will spend money restructuring, bowing out of some businesses.