LG Electronics Parent-based 2011 Net Loss Narrows - Quick Facts

Bank Of America To Present In Morgan Stanley Financials Conference At 7:25 AM

BofA Merrill Lynch Expands GTS Business In Canada

BOA To Present At Sanford C. Bernstein Conference; Webcast At 2:00 PM ET

Bank Of America Offers Depositary Shares

Trade BAC now with

1/31/2012 9:34 PM ET

South Korea's LG Electronics (LGERF.PK) reported its parent-based net loss in 2011 narrowed to 277.9 billion won from 635.9 billion won last year.

The operating loss for 2011 narrowed to 299.2 billion won from 1.1 trillion won a year earlier, the company said in a regulatory filing.

Sales fell 3.9% to 28.1 trillion won from 29.239 trillion won a year ago.

Click here to receive FREE breaking news email alerts for Bank of America Corporation and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

More Breaking News

<<Previous 67 Articles Next>>

Editors Pick

Adobe Profit Tops Estimate

Publishing and design software maker Adobe Systems Inc. said Tuesday after the markets closed that its second quarter profit fell 66% from last year, hurt by lower revenue as well as higher costs and expenses. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations and its quarterly revenue was in line with analysts' forecast.

Stocks Show Strong Upward Move Ahead Of Fed Announcement - U.S. Commentary

Stocks showed a strong upward move over the course of the trading day on Tuesday, adding to the gains posted in the previous session. The rally came even as traders expressed some uncertainty ahead of tomorrow's Federal Reserve announcement. The major averages gave back some ground going into the close but remained firmly in positive territory.

Boehner Indicates Immigration Bill Must Have Majority GOP Support

In a potential roadblock to comprehensive immigration reform legislation, House Speaker John Boehner, R-Ohio, indicated Tuesday that he would not bring a bill to the floor unless it is supported by a majority of House Republicans.