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On a conference call to discuss UAL’s $53 million fourth-quarter loss, Tilton said the company’s position on consolidation hasn’t changed in three years. “We believe the industry can benefit from constructive consolidation, and the work we have done improving the company puts us in a very good position to participate in that consolidation [...]

In October, the company reported its first quarterly loss since 1999 after a $900 million write-down in the value of Skype, which it purchased in 2005 for $2.6 billion. The company is to report its fourth-quarter earnings on Wednesday. Ebay’s slowing revenue growth and the Skype acquisition may have helped Whitman decide “it [...]

The new money will pay for mergers or acquisitions that fit with its banking and asset management businesses, it said. But the insurer’s shares fell by the maximum daily limit of 10 percent on Monday amid concern that the huge share issue — accounting for about 14 percent of its capital — would [...]

Ford lost $2.8 billion, or $1.30 per share, in the fourth quarter, narrower than a loss of $5.6 billion, or $2.98 per share, in 2006. The full-year loss of $2.7 billion, or $1.35 per share, was significantly better than 2006, when Ford lost $12.6 billion, or $6.72 per share. Mulally said Ford remains [...]