What is a company that lost money (had a net loss) for the year?

Posted by admin
Hanna_420 asked:


I need to do a business presentation for a class, and I need to do it about a company that lost money for the year (I figure it is a net loss for 2007). I have a link to find out the annual report, but I am not sure of what companies lost money last year. I have to turn in the annual report and i am supposed to persuade the audience that my company is still a good investment. If anyone could give me some ideas, that would be greatly appreciated. Thanks a bunch! :-)

ERROL
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2 Responses to “What is a company that lost money (had a net loss) for the year?”

  1. DAN Says:

    CARSON

    Try General Motors.

  2. MARCELINO Says:

    DANIEL

    UBS - Switzerland’s largest bank. Took a lot of subprime losses but are apparently expecting a profit for the 3rd quarter. The worst might be over for them.

    Tyco (TYC) - Had a net loss due to a huge lawsuit last year, but their core business is still churning profits.

    I haven’t studied either in depth but they might be a couple to look into.