Seo, Baek Tumble to Losses
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Baek Cha-seung of the Seattle Mariners and Seo Jae-weong of the New York Mets crashed to defeats Wednesday in Major League Baseball as both Koreans were roughed up in their starts.
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Stock futures fell on Wednesday as Merrill Lynch & Co. Inc  reported its first quarterly net loss in nearly six years and as earnings by Amazon.com Inc  disappointed some investors.
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Some of Australia's top fund managers  face big losses from the this week's 80 percent slump in Centro  Properties Group shares, as several of the mall operator's  rivals begin to scan its assets for possible purchases.
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By ALEX VEIGA  LOS ANGELES - KB Home reported a loss in its fourth quarter Tuesday as the homebuilder absorbed a series of charges related to inventory and land options and saw the number of net orders for homes decline sharply amid a tough housing market.
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LOS ANGELES -- KB Home, one of the nation's largest homebuilders, said Tuesday its fiscal fourth-quarter loss ballooned as home sales slowed, prompting the company to book charges to write down unsold inventory and for a tax allowance. Its shares dropped almost 2 percent in premarket trading.
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TOKYO Hoping for a turnaround, Mitsubishi Motors instead hit a wall on Monday as the ailing automaker reported a huge loss for the most recent quarter and said vehicle sales had plunged in Japan and the United States.
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The business racked up nearly &#36;1 billion in losses since 2001.
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Merchants reported huge losses as crowds descended on stores to buy goods at government-ordered prices.
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SHANGHAI/NEW YORK  - Chinese Internet search company Baidu.com Inc  beat forecasts by more than doubling its quarterly profit, but its shares fell 4 percent as its profit guidance fell short of some investors' expectations.
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KB Home  posted a quarterly loss of nearly $773 million on Tuesday, including charges for shrinking land values and abandoned projects, as the U.S. housing market braced for another rough year in 2008.
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Bradford & Bingley reports a sharp fall in profits after writing down the value of its sub-prime assets.
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Japanese car maker Mitsubishi, hit by a defect cover-up scandal earlier this year, posts heavy losses as sales plunge.
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Shares in Google have fallen 6.7% as employees and early investors in the web search take advantage of the first chance to sell their holdings.
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China's biggest television exporter announced losses stemming in part from declining sales and a scandal involving its biggest U.S. customer.
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BusinessWeek Online - Barnes &amp; Noble  is bracing for disappointing profits this year, as the bookseller struggles to keep customers by lowering prices. Shares of the retailer tumbled 11.4% to $35.56 on Mar. 5, after the company trimmed its forecast for 2007 and plans to close an Internet distribution center.
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China's biggest television exporter announced major losses stemming in part from declining sales and a scandal involving its biggest American customer.
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Samsung Electronics , the world's top memory chip maker, reported a 5 percent drop in quarterly profit on Friday after a steep fall in computer memory chip prices overshadowed improvements in flat screens.