AMC Entertainment Holdings Inc. reported its 12th consecutive quarterly loss and revenue that topped analysts’ estimates after market close on Tuesday, sending shares lower in after-hours trading. The movie-theater chain Read more
Tag: loss
LBRY loss against SEC threatens to make ether a security, crypto boosters fear
A federal judge ruled Monday that video-hosting platform LBRY Inc. illegally sold its native token to U.S. investors, in a win for the Securities and Exchange Commission that could pave Read more
Warren Buffett’s Berkshire Hathaway swings to loss, stung by battered market
Warren Buffett’s Berkshire Hathaway Inc. swung to a loss in the third quarter as a volatile stock market and losses from insurance underwriting offset gains in its manufacturing, service and retail businesses. Read more
Elon Musk slashing jobs at Twitter to avoid $700M loss next year: sources
Elon Musk’s drastic decision to lay off half of Twitter’s workforce on Friday was driven by the company’s dire finances — with the now-private company on track to lose $700 million in Read more
Twilio’s stock tumbles as quarterly loss, outlook spook investors
Shares of Twilio Inc. tumbled as much as 17% in extended trading Thursday after the customer-engagement technology company reported mixed fiscal third-quarter results that met Wall Street analysts’ forecasts, but a Read more
LL Flooring stock slides 7% after company swings to Q3 loss as consumers rein in spending
Shares of LL Flooring Inc. LL, -4.73% slid 7% Wednesday, after the company posted weaker-than-expected third-quarter earnings as lower spending by inflation-conscious customers weighed. Richmond, Va.-based LL Flooring, formerly called Read more
Aston Martin Lagonda global Q3 loss doubled; lowers 2022 guidance
Aston Martin Lagonda Global Holdings PLC AML, -11.71% said Wednesday that its loss for the third quarter more than doubled amid supply-chain challenges and foreign exchange revaluations and it lowered Read more
Gold prices end higher after 7th straight monthly loss
Gold prices ended higher Tuesday, recovering some of their recent losses, after posting a seventh straight monthly decline in October. Price action Gold for December delivery GC00, +0.81% GCZ22, +0.81% Read more
Uber stock surges as company beats revenue estimates, despite $1.2 billion loss
Uber Technologies Inc. stock rose sharply Tuesday morning as the company’s third-quarter revenue climbed 73% year over year, exceeding expectations, and executives issued an optimistic outlook for the current quarter. Read more
Swiss National Bank posts $143 billion loss over nine months
The Swiss National Bank posted a loss for the first nine months of the year as the appreciation of the Swiss franc and rising interest rates hit its investments in Read more