FONT-SIZE Plus   Neg

Quest Rare Minerals Q1 Loss Narrows - Quick Facts

Quest Rare Minerals Ltd. (QRM,QRM.TO) reported a first-quarter net loss of $557,870 for the quarter compared to a net loss of $7.55 million in the year ago quarter. Expenses for the quarter were $914,354 compared to $7.70 million in the prior year quarter.

Revenues for the quarter were $180,793 compared to $153,304 last year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Bond management titan Bill Gross has filed suit against his former employer, PIMCO, for breach of contract related to his ouster from the company. Gross is looking for damages of at least $200 million for forcing him out of the company, according to court filings. Gross claims that other managers conspired to push him out of the firm he co-founded in order to improve their own finances. Large U.S. companies are holding trillions of dollars overseas in an effort to avoid U.S. taxes, with big-name firms like Apple (AAPL), Pfizer (PFE) and PepsiCo (PEP) named as notable examples. This is the claim made by a pair of non-profit groups, who released a study based on the firms' financial statements. Alcoa Inc. (AA), the largest producer of aluminum in the US, Thursday reported a sharp decline in profit for the third quarter, as sales dropped 11 percent reflecting divestitures and currency headwinds. Both the earnings and revenues fell short of Wall Street analysts' estimates, sending its shares...
comments powered by Disqus
Follow RTT