74 Results for

%241.7 billion loss

Article

Cash-strapped Sprint promises to pinch pennies on network upgrade

As the power of its aggressive promotions wanes, Sprint looks to tighten its belt further and get more bang for its buck on network upgrades.

By May 3, 2016

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Amazon -- that's right, Amazon -- posts big profit

The largest e-retailer usually reports slim profit as it invests in its next new thing. This time was different.

By April 28, 2016

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After a string of losses, Sony sees good times ahead for profit

The company lost 126 billion yen ($1.05 billion) in the fiscal year ended in March, but it expects to turn that around with a 140 billion yen profit next fiscal year.

By April 30, 2015

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Sony posts $1.2 billion loss as mobile business falls off a cliff

Dragging down the rest of the company Sony's mobile unit posts a quarterly operating loss of $1.6 billion on $2.8 billion in revenue.

By October 31, 2014

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Sprint's customer growth returns, but Q3 loss doubles on charges

The carrier lost $2.38 billion in the quarter thanks to charges related to its wireline assets and its brand.

By February 5, 2015

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AT&T to record $10 billion charge in fourth quarter

The company expects a pretax loss due to changes in pension and post-employment plans and abandonment of certain copper assets.

By January 18, 2015

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Spotify's revenue soars, but growth comes at a cost, report says

In 2014, the Swedish music-streaming service's revenue reportedly rose 45 percent to $1.1 billion, but attempts to build out products nearly doubled its operating loss.

By May 8, 2015

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Intel snared in $6B Israel divestiture hoax

A fake press release says the chipmaker is pulling out of its $6 billion investment because of the "destruction and loss of life resulting from Israel's recent assault on Gaza."

By August 7, 2014

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Sony agrees to sell PC business, revises forecast to loss

Sony plans to sell it Vaio PC operations to an investment fund, cut 5,000 jobs, and revises full-year forecast from a profit to a loss of $1.1 billion. It will also spin off its TV business.

By February 5, 2014

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Amazon reports $17.09 billion in sales for Q3, meets expectations

The online retailer reports a 24 percent increase in sales from last year, coupled with a $41 million loss.

By October 24, 2013