Teleglobe shares whacked by weaker 4th-quarter results

Article Abstract:

Teleglobe Inc of Montreal, Quebec, has posted a 9% drop in revenue to $809 million in the 4th qtr 1998, from $893 million in the 4th qtr 1998. The company attributed the lower revenue to the poor results from its newly acquired long-distance telephone unit Excel Communications Inc of Dallas, TX. Excel, which contributes to half of Teleglobe's revenue, has posted a by 9.7% drop in its during the period.

Telecommunications, Telecommunications industry, Teleglobe Inc.

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Manulife's early loss estimate less than $100-million

Article Abstract:

Manulife Financial Corp. is estimating under $100 million in total loss claims resulting from the World Trade Center attacks. However, the company sees this estimates as only an early forecast.

Life Insurance, Direct Life Insurance Carriers, Forecasts and trends, Insurance industry, Life insurance industry, Manulife Financial Corp., World Trade Center and Pentagon Attacks, 2001

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Stelco warns of loss in quarter

Article Abstract:

Stelco Inc. announces expected quarterly losses, due to various company problems and low demand.

Primary Iron & Steel, Iron and Steel Mills and Ferroalloy Manufacturing, Blast Furnace and Basic Steel Products, Steel industry, Stelco Inc.

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