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Freddie Mac posts $4.1 billion loss for third quarter, seeks additional $100 million in aid.

GMAC, the troubled finance company that last week scored a third government bailout, said Tuesday it expects to post a record fourth-quarter loss of $5 billion.

The New York Times Company reported a $35.6 million loss for the third quarter on falling advertising revenue, but deep cost-cutting and newspaper price increases helped beat projections.

Aircraft maker Boeing blames a net loss of $1.6bn (£974m) on rising production costs and poor market conditions.

Bank of America Corp. says it lost more than $2 billion in the third quarter as its loan losses continued to rise.

Southwest Airlines reported another quarter of red ink, $16 million, extending a trend that until a year ago was unseen at the discount carrier since the early 1990s. Hedging losses again weighed on results.

KB Home reported a narrower loss, aided by fewer write-downs and improved margins, as the company continued to see improvement in orders for new homes.

Sears posted a $94 million loss on compensation and restructuring charges, widely missing expectations, as revenue fell.