Breaking News
FONT-SIZE Plus   Neg
Share SHARE

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

RELATED NEWS
Trade BAC now with 

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

Editors Pick
LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that it swung to a second quarter loss, hurt by higher costs and expenses even as revenue surged 47%. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue. Kraton Performance Polymers, Inc. (KRA), Wednesday reported second-quarter net income of $11.1 million or $0.33 per share, up from $3.8 million or $0.12 per share last year. Adjusted earnings improved to $0.46 per share from $0.15 per share last year. Revenues for the quarter dropped to $323.8... Organic grocer Whole Foods Market, Inc. said Wednesday after the markets closed that its third quarter profit rose 6.3% from last year, as same-store sales increased 3.9%. The company's quarterly earnings per share also came in above analysts' expectations, but its quarterly sales fell shy of analyst' forecast.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.