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It forecast widening losses in 2005.
Even mighty Amazon has reported widening losses and job cuts.And some firms are going out of business.
Merrill may have to strengthen its capital position further given the likelihood of widening losses on its mortgage investments.
The decline in mail volume has been accompanied by widening losses: $8.5 billion for 2010, and a projection of nearly $10 billion for 2011.
The company has hired an investment bank, Goldman , Sachs to advise it as it copes with widening losses and changes in leadership.
Reliance, a New York insurer, has been struggling with widening losses caused in large part by falling prices for commercial property and casualty insurance.
Similar(18)
German banks are under pressure to merge as sliding markets, an economy that barely grows and mounting insolvencies widen losses.
Restatement of results would widen losses from 1999 and 2000 at the utility, based in Syracuse, and reduce net income of $29.5 million in 2001, the filing said.
U.S. stock index futures extended gains on the report, while prices for government debt widened losses.
Most of the widened loss was attributed to tax accounting and the cost of previously disclosed layoffs and other programs to reduce expenses.
Clearwire hasn't performed up to its original expectations, and its Q3 financials included a widened loss at $213.8 million, along with spending cuts to help it narrow its loss outlook going forward.
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CEO of Professional Science Editing for Scientists @ prosciediting.com