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VeriFone Systems reports 1Q loss

seattletimes.nwsource.com
[The Seattle Times] - Electronic payment company VeriFone Systems Inc. said Monday that it lost money during its fiscal first quarter as rising costs wiped out gains from higher revenue. But the quarterly results and full-year forecast beat Wall Street expectations and

Goldman's Asia Unit Lost Money First Time Since on Soured Stock Bets

www.bloomberg.com
[Bloomberg] - Goldman Sachs Group Inc. (GS) lost money in Asia last year for the first time since as the Wall Street firm's stock investments in the region, led by a holding in China's biggest bank, backfired. A 46 percent decline in Asia revenue compared with

PRESS DIGEST - China - March 6

www.reuters.com
[Reuters] - SECURITIES TIMES -- Nearly 78 percent of Chinese individual stock investors polled lost money in 2011, a survey conducted by an investor protection fund showed. CHINA SECURITIES JOURNAL -- China's National Development and Reform Commission will

Hitachi Exits Elpida as Chipmaker's Shares Plunge After Bankruptcy Filing

www.bloomberg.com
[Bloomberg] - Elpida, which lost money for five straight quarters, sought protection from creditors at the Tokyo District Court on Feb. 27 with liabilities of 448 billion yen ($5.5 billion). Troubles at the chipmaker, formed through the merger of Hitachi and
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