Log in to your IBTimes Account

close
ID
Password
  • Set your IBTimes.com Edition

Earnings roundup: Nortel Networks, Cinemark



By AP
10 November 2008 @ 10:43 am EST

Among the earnings stories for Monday, Nov. 10, from AP Financial News:

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
NT 0.28 -0.01
CNK 8.09 -0.09
ACAS 6.24 -1.07
WCRX 14.05 -0.19
CCO 6.83 -0.78

SYMBOL LOOKUP

Top stories:

Canadian telecommunications equipment maker Nortel Networks Corp. posted a third-quarter loss Monday, reversing a year-ago profit as revenue declined amid the economic turmoil and a large goodwill impairment charge weighed on results.

Other stories:

PLANO, Texas (AP)--Cinemark Holdings Inc. on Monday reported a third-quarter profit above Wall Street's expectations as the movie theater operator's ticket prices and concession revenues increased.

BETHESDA, Md. (AP)--Investment firm American Capital Ltd. said Monday it moved to a loss during the third quarter because of unrealized depreciation on investments.

NEW YORK (AP)--Warner Chilcott Ltd. said Monday its third-quarter profit surged, beating Wall Street estimates as the drug company continued to cut general and research and development expenses.

SAN ANTONIO (AP)--Clear Channel Outdoor Holdings Inc. said Monday third-quarter profit dropped 83 percent on an impairment charge and economic weakness that crimped sales for the maker of outdoor advertising signs.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

You must be an IBTimes member to post a comment. Login | Register



advertisement
More Technology
Liberty Media Corp., which is owned by media mogul John Malone, has further reduced its stake in IAC/InterActiveCorp., selling 333,600 shares of the comp...
A government watchdog group has an idea for the next time Maryland buys voting equipment: Get a warranty. Common Cause Maryland is proposing the idea now...
A new Internet shopping mall is opening in China next month that will take payments in the widely used China UnionPay Co. cards for Japanese products, co...

Advertisement
Build Business Credit for your company with NO PERSONAL GUARANTEES!

Building your business and corporate credit for your small business.

Bay area web design

Custom web design firm in bay area, Deographics

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2009 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives