Vonage quarterly loss widens
Vonage quarterly loss widens
NEW YORK (Reuters) – Vonage Holdings Corp said on Thursday its quarterly loss widened due to litigation costs, and cancellations rose due to problems with customer care and negative publicity from patent lawsuits.
Source: feeds.reuters.com
Morgan Stanley sees $3.7 billion subprime hit
NEW YORK (Reuters) – Morgan Stanley on Wednesday said it has suffered a $3.7 billion loss stemming from its U.S. subprime mortgage exposure, which it expects will reduce fourth-quarter earnings by about $2.5 billion.
Source: feeds.reuters.com
About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
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