November 24, 2017

Tesla’s Q4 2012 earnings: $90 million net loss, but forecasts a profit for Q1 2013

If you're one Elon Musk, you're probably ready for just about anything to take the place of the only story dominating the Tesla tagline for the past few weeks. Of course, a $ 90 million net loss isn't the ideal story to overtake the Model S kerfuffle, but hey -- at least the company's aiming to pull in a profit next quarter. In a bid to keep … [Read more...]

Samsung’s David Eun: ongoing Apple v. Samsung litigation ‘a loss’ for innovation

David Eun, presently serving as EVP at Samsung's Open Innovation Center after stints at AOL, Google, Time Warner and NBC Entertainment, just took the stage here in Dana Point, California during the opening night of D:Dive Into Media 2013. While the interview was certainly a wide-ranging one, one particular diversion caught our ear. Breaking from … [Read more...]

BC fire chiefs offer condolences to those mourning loss of New York firefighters

Fire chiefs here in BC are offering their condolences to the families and colleagues of the firefighters killed in Webster, New York. Fire Chiefs' Association of BC President, Len Garis calls the circumstances around the deaths extremely tragic. He adds firefighters know that risk is inherent to the job, but says this is something no one ever … [Read more...]

Liberals won’t appeal latest gag-law loss

Attorney-General Shirley Bond says the BC government will not appeal the latest rejection of its attempt to place spending limits on any political advertising before an election campaign. But Bond still defends the goal of the law: preventing big money from dominating those pre-campaign discussions.    "Our concerns always have been … [Read more...]

“Dragon Tattoo” Is A Loss For MGM

Despite a $ 231 million global haul, David Fincher's "The Girl with the Dragon Tattoo" adaptation is being written off as a loss for MGM reports Deadline. MGM Holdings CEO Gary Barber says that the movie, which they co-financed, performed "below our expectations and we booked a modest loss.” While he didn't disclose how much of a loss, Barber … [Read more...]

Ivanhoe Mines 2011 net loss widens

VANCOUVER - Ivanhoe Mines Ltd. reported a wider net loss for 2011 on Tuesday as it said its copper-gold mine in Mongolia remains on track to start up in the third quarter.The 2011 loss of $ 570.4 million, or 83 cents per share, compared to a loss of $ 211.5 million, or 42 cents per share, in 2010.Revenues increased to $ 179 million from $ 79.8 … [Read more...]

Webtech cuts fourth-quarter loss to $934,000

VANCOUVER - Webtech Wireless Inc. cut its net loss in the fourth quarter to $ 934,000 from $ 8.2 million a year earlier when it took a large writedown.The Vancouver-based company, which develops, manufactures and supports technology to improve the performance of vehicle fleets, said revenues grew four per cent to $ 11.4 million on higher … [Read more...]

Coast posts $28.9 million fourth-quarter loss

VANCOUVER - Coast Wholesale Appliances (TSX:CWA) reports fourth-quarter net loss of $ 28.9 million on goodwill charge. Local news from metronews.ca/vancouver … [Read more...]

Taseko Mines swings to Q4 loss of $9.2M

VANCOUVER - Taseko Mines Ltd. (TSX: TKO) swung to a loss in the fourth quarter as British Columbia-based miner reported a big drop in revenue.Taseko said Monday that its comprehensive loss in the three months ended Dec. 31 was $ 9.2 million or four cents per diluted share, compared with a profit of $ 26.2 million or 13 cents per diluted share in … [Read more...]

Fortress Paper posts $9.2-million loss in Q4

VANCOUVER - Fortress Paper Ltd. (TSX:FTP) had a $ 9.2-million net loss in the fourth quarter, with $ 49.5 million in sales as the company repositioned some of its business operations.During the quarter, Fortress re-defined the focus of its Pulp segment to focus on dissolving pulp — a high purity, higher-margin product used to make products such … [Read more...]