Second Quarter, Second Quarter Loss | featured news

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Sprint loss widens, but revenue beats estimates

Sprint Nextel Corp., the country's third-largest wireless carrier, on Thursday reported a wider loss for the second quarter as wrote down the value of its moribund Nextel network.

 

The New York Times Co. Posts a Loss

The New York Times Company reported a second-quarter loss on Thursday because of a write-down in the value of About.com and continuing declines in print and digital advertising revenue.

Senh: They gave lots of numbers, but no specific number on how much they make from digital subscriptions. Sure, they said the number of subscribers went up, but how much are they making from it.

 

RadioShack reports second quarter loss, suspends its dividend to shareholders

RadioShack Corp. said today that it’s eliminating its dividend to shareholders as it reported a second quarter loss. The Fort Worth-based consumer electronics retailer reported a net loss of $21 million, or 21 cents a share, compared with a profit of $24.9 million, or 24 cents a share a year ago. Total sales increased 1.2 percent from a year ago and same-store sales were flat.

 

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