Among the earnings stories for Friday, Nov. 7, from AP Financial News:
Top stories:
DEARBORN, Mich. (AP)--Ford Motor Co. said Friday it lost $129 million in the third quarter as the struggling automaker burned through $7.7 billion in cash.
KANSAS CITY, Mo. (AP)--Sprint Nextel said Friday it lost $326 million in the third quarter as it continued to hemorrhage customers and announced a change in its credit terms that restricts the payment of dividends.
Other stories:
LOS ANGELES (AP)--CB Richard Ellis Inc. said its third-quarter profit fell 65 percent because of trouble in the credit markets that crimped sales in its global investment-management segment.
ATLANTA (AP)--Electric utility Mirant Corp. said Thursday its third-quarter income more than doubled on a spike in revenue due to unrealized hedging gains.
SEATTLE (AP)--Drug developer Dendreon Corp. on Friday said expenses connected to its April stock offering pushed its third-quarter loss up 39 percent.
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