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16 Nov 2009 09:57

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Biz, U.S.: General Motors has much less debt than it did before

  • July 9 General Motors, just before they came out of the other end of bankruptcy, had $94.7 billion in debt owed,
  • Nov. 16 After its first full quarter out of bankruptcy, GM had $17 billion in debt – $6.7 billion owed to the U.S. government. source
Posted by Ernie Smith • 0 Comments • Permalink

16 Oct 2009 11:06

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Biz: Ken Lewis is retiring rich, but Bank of America is still struggling

  • $1 billion in losses, mostly from bad debt, this quarter alone source
Posted by Ernie Smith • 0 Comments • Permalink

15 Oct 2009 10:32

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Biz: Goldman Sachs’ gains cancel out Citigroup’s losses

Posted by Ernie Smith • 0 Comments • Permalink

17 Sep 2009 20:22

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Biz, Tech: The Pre is all Palm has: Despite strong Pre sales, Palm is tanking

  • +134% increase in smartphone sales this quarter for Palm; which sounds pretty good, until you consider …
  • -80% decrease in overall sales – Palm now has eight straight losing quarters to its name; ouch source
Posted by Ernie Smith • 0 Comments • Permalink

11 Aug 2009 20:05

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Biz: All that bad karma catches up to Clear Channel in a big way

  • $3.7 billion in losses for the reason why radio sucks source
Posted by Ernie Smith • 0 Comments • Permalink

22 Jul 2009 11:07

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Biz: Morgan Stanley: A big financial firm that’s actually feeling the recession

  • 3 straight quarters of pain and sadness for the financial giant source
Posted by Ernie Smith • 0 Comments • Permalink

07 May 2009 08:32

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Biz, U.S.: GM lost a cartoon-eye-poppin’ amount of money in Q1

  • $6 billion in losses for the broken dreams manufacturer source
Posted by Ernie Smith • 0 Comments • Permalink
 

04 May 2009 19:37

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Biz: Why was the Boston Globe in danger? Huge losses.

  • $85 million in losses this year – a huge chunk of change source
Posted by Ernie Smith • 0 Comments • Permalink

24 Apr 2009 10:27

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Biz: Ford desperately tries not to waver into bailout realm

  • -75¢ The per-share loss that Ford had last quarter. That loss, which is $1.8 billion, is far less than analysts expected.
  • -49% The cut in cash use in the last quarter. They’ve managed to get by without a cent of bailout money so far. source
Posted by Ernie Smith • 0 Comments • Permalink

21 Mar 2009 21:40

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Tech: Palm better hope the Pre is a hit, or they’re screwed

  • $98 million Palm’s losses last quarter, driven down by people waiting for the Pre, a worthy could-be iPhone-killer
  • -72% decline in Palm’s smartphone revenue; the company notes its strategic gains even in tough times. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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