Liberty Media's net loss widens

Article Abstract:

Liberty Media Group posted a wider net loss of $543 million (509.3 million euros) for the second-quarter of 1999. During the same period in 1998, the company reported a $155 million net loss. Liberty Media has been hit by increased share compensation program costs. The company said that the previous year losses could not be compared to results that Liberty Media posted when it was a subsidiary of Tele-Communications Inc.

Sales, profits & dividends, Liberty Media Corp.

---

Adelphia creditors file lawsuit accusing banks of loan fraud

Article Abstract:

Adelphia Communications Corp.'s creditors have filed a lawsuit charging 450 banks with loan fraud. The accused banks loaned Adelphia's controlling family billions of dollars.

Legal issues & crime, Banking Institutions, Depository Credit Intermediation, Financial management, DEPOSITORY INSTITUTIONS, Cable and other pay TV services, Legal/Government Regulation, Company legal issue, Cases, Banks (Finance), Adelphia Communications Corp., ADLAC, Company financing, Actions and defenses, Litigation, Lawsuit/litigation, License lawsuit, Actions and defences

---

Similar abstracts:

• Abstracts: Sunbeam says losses narrowed in 2nd quarter. Sunbeam agrees to file for bankruptcy protection. Appliance maker Sunbeam made a loss in quarter
• Abstracts: AstraZeneca net climbs 31%, helped by strong sales of Crestor. Autonomy is facing an uncertain forecast
• Abstracts: BSkyB earnings before items beat estimates. Pretax profit declined at UBM for full year. BSkyB reports wider pretax loss, but users increase

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.