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Global Crossing shares fall 14% on wider fourth quarter loss

Article Abstract:

Global Crossing Ltd. posted a $199.8 million (202.8 million) loss for the 1999 fourth-quarter. The company's shares fell 14% in value as a result of the quarterly loss.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
GBLX

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Sprint's net income drops as long-distance prices fall

Article Abstract:

Sprint Corp. posted a decline of 76% in its profits for the 2000 fourth-quarter. The company posted $97 million (103.9 million euros) in net income for the period.

Author: Solomon, Deborah
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
United States, Telephone Communications, Telephone services, Sprint Corp., FON

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Global Crossing results meet analysts' estimates

Article Abstract:

Global Crossing Ltd. reported almost $10 million (9.4 million euros) in earnings for the second-quarter of 1999. This reversed a loss of $155.4 million during the same period in 1998. Global Crossing is an undersea cable operator. The company posted $8 million in expenses during the quarter from nonrecurring deals. Global Crossing posted a $4.2 million loss.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999

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Subjects list: Finance, Telecommunications services industry, Telecommunications industry, Global Crossing Ltd., Bermuda, International telephone services
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