CALIFORNIA | LOCAL
August 1, 2000
PerfectData Corp. in Simi Valley reported a net loss of $314,000 or 10 cents per share for its fiscal year ended March 31. The loss comes on a 12% increase in revenue and compares with a net loss of $402,000 or 13 cents per share in the previous year. For the fourth quarter ended March 31, the company reported a 21% gain in sales to $505,000 from $418,000, with a net loss of $213,000 or 7 cents per share compared with a loss of $152,000 or 5 cents per share a year earlier.
March 30, 2002 |
Asian markets ended the first quarter with a whimper Friday, with Japanese stocks taking a tumble on the final trading day of that country's fiscal year. Many stock, bond and commodity markets in Asia and elsewhere--including the United States--were closed Friday in advance of Easter Sunday or, in the case of India, for a Hindu celebration. The end of the Japanese financial year brought a fresh attack of nerves to equities investors worried about massive bad loans held by the country's banks.
April 28, 2004 |
Sony Corp. on Tuesday reported a 23% drop in net income for its fiscal year ended March 31 as falling prices and restructuring costs weighed on the results. Revenue grew only 0.3% for the Tokyo-based electronics and entertainment giant as gains by the company's financial services unit offset declines in its electronics, games, music and movie divisions. Altogether, Sony reported sales of nearly 7.5 trillion yen, or about $66.
September 19, 1998 |
The Pacific Symphony, the county's major classical orchestra, ended its 1998 fiscal year with a modest surplus of $44,000, balancing its budget for the sixth consecutive year, orchestra officials announced Friday. Income from all sources for the period that ended June 30 was $6.93 million. Expenses totaled $6.89 million. Revenue from ticket sales increased 4% over the previous year, to $3.8 million.
December 21, 1989 |
Quiksilver Inc., a designer and distributor of beach and casual wear, said Wednesday that its net income increased a record 86% for the year because of demand for its products and lower expenses. It was the second consecutive year that the company has reported record earnings. The company said net income increased to $7 million for the fiscal year ended Oct. 31 from $3.8 million for 1988. Sales rose 46%, to $70.7 million, from $48.3 million for the previous year.
CALIFORNIA | LOCAL
September 16, 1996 |
UC Irvine received a total of $25.6 million in private donations for fiscal 1995-96, an 18% increase from the previous 12 months, officials reported last week. The single largest gift to the university was by the Chao family of Orange County, who donated $2.4 million for cancer research and patient care. Another gift of $1 million was given to the university by the Joan Irvine Smith and Athalie R. Clarke Foundation.
April 24, 2001 |
Costco Wholesale Corp., the biggest U.S. chain of warehouse clubs, reduced earnings estimates for the rest of fiscal 2001 because of lower-than-expected sales and higher energy costs. Costco said it now expects to have profit of 22 cents to 24 cents a share in the quarter ending May 13, down from its March 8 estimate of 25 cents to 27 cents. Analysts on average were expecting 26 cents, according to First Call/Thomson Financial. The Issaquah, Wash.
May 29, 2002 |
Vodafone Group, Europe's largest mobile phone company, said it lost about $19.6 billion last year due to write-downs in the value of acquisitions it made during its far-flung expansion at the height of the technology boom. But the British company reported an operating profit of $10.2 billion for the year that ended March 31, up 34% from $7.6 billion a year ago and beating analysts' high-end forecast of $10.1 billion. Revenue rose 53% to $33.4 billion.
October 25, 2002 |
The government ran a $159-billion deficit in the fiscal year just ended, the Bush administration said Thursday, punctuating one of the federal budget's worst nose-dives just 12 days before elections for control of Congress. The figure was not a surprise and largely reflected an ongoing dip in federal revenue collections. But it was nonetheless noteworthy for its contrast with the $127-billion surplus -- the second largest ever -- shown by the government's books a year before.
November 14, 2008 |
The federal government began the new budget year with a record deficit of $237.2 billion, reflecting the billions of dollars the government has started to pay out to rescue the financial system. The Treasury Department said Thursday that the deficit for the first month in the 2009 budget year was the highest monthly imbalance on record. It was far bigger than analysts had expected, more than four times larger than the October 2007 deficit of $56.