DSG International loss narrows
UK electronic goods retailer DSG International said Thursday that its net loss for the year ending May 2 narrowed to 219.4 million pounds from 260.8 million pounds, while revenue slipped 1% to 8.36 billion pounds.
OSG America LP reported a net loss of $53.5 million for the fourth quarter due to non cash charges of $63 million for goodwill impairment, including the value of intangible assets and deteriorating economic conditions.