71. The company has slashed net operating losses, he said, and is revving up new divisions in franchising and e-commerce. 72. The company posted its first operating loss in a half century last year. 73. The drop was mainly due to losses in the mobile division, which reported an operating loss as sales growth slowed and prices fell. 74. The fire sprinkler company said continuing operating losses at a new plant played a role in dragging down earnings. 75. The gains came from stock and real estate sales, offsetting an operating loss from auto sales. 76. The latest results reflected an operating loss in its packaging business and other unidentified corporate operating losses. 77. The loss reflects severance costs and anticipated operating losses that Salomon will incur before it completes the sale. 78. The next-worst performer was Premisys Communications, another telecommunications company based in Fremont, which expects an operating loss in its third quarter. 79. The other tough pill is that business breaks would be restricted to a provision permitting operating losses to be carried back five years on corporate returns for tax purposes. 80. The operating loss largely resulted from higher-than-expected medical expenses. |