losses

Chipmaker AMD Suffers Big Losses, Announces Big Layoffs

PC chipmaker Advanced Micro Devices said on Thursday it will cut its work force of nearly 12,000 by 15 percent, its second round of layoffs in less than a year as it struggles with a weak global economy and a consumer shift toward tablets.

5 Companies That Are Still Losing Money

The economy may be ugly for workers, but most companies are making money. In fact, many Wall Street darlings are checking in with record profits. Then again, most doesn't mean all. Here are five notable companies that are losing money this year -- and possibly beyond.

Fortune 500's Top 10 Losers: Down Billions, but Still Huge

Holding a spot on the Fortune 500 list puts a business in august company, but that isn't always synonymous with being successful. Each year, some companies manage to stay on the list despite experiencing profound problems, and losing billions of dollars for their stakeholders.

Fraud Files: When 'Immaterial' Errors Hide Real Problems

When companies use the word "immaterial" to describe errors or irregularities in their previously reported numbers, what they're trying to say is that their mistakes involved such small amounts that they don't really matter. Too often, though, that's not really the case.

Great Atlantic Mulling Sale of Food Emporium Chain

Great Atlantic & Pacific Tea Co. (GAP) may sell its Food Emporium stores to help boost liquidity, The Wall Street Journal reported. The supermarket operator has said it will consider selling "non-core assets" to improve liquidity. The company announced losses of $122.6 million, or $4.83 a share, for the quarter ended June 19.

Why Going Private Could Be Barnes & Noble's Best Bet

With its stock plunging and the trial between key shareholder Ron Burkle and top company executives about to take place in court, signs point ever more clearly to the possibility that Barnes & Noble will go private. And that just might be the best step for the company to take.