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.
The news comes a day after India-based e-commerce rival Flipkart unveiled a new $1 billion funding round.
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 Japanese tech giant says it will spend money restructuring, bowing out of some businesses.