SunPower Increases Quarterly Revenue, First Solar Sees Big Losses

TORONTO — Kinross Gold Corporation (TSX:K) is reporting a multi-billion dollar net loss in its fourth quarter after taking a $3.2-billion impairment charge, mostly on its Tasiast mine. The Toronto-based miner reported a net loss of $2.989-billion, or $2.62 per share for the three months ended Dec. 31, compared to a net loss of $2.79-billion, or $2.45 per share in the year earlier period. On an adjusted basis, Kinross reported net earnings of $276.5-million, or 24 cents per share — beating analyst estimates by a penny.

SunPower (SPWR) Q1 2013 Earnings Call May 02, 2013 4:30 pm ET Executives Robert Okunski - Senior Director of Investor Relations Thomas H. Werner - Chairman, Chief Executive Officer and President Charles D. Boynton - Chief Financial Officer and Executive Vice President Howard J. Wenger - President of Regions Analysts Sanjay Shrestha - Lazard Capital Markets LLC, Research Division

CALGARY — TransAlta Corp. missed analyst estimates in the first quarter, but the company’s president said Tuesday that he was pleased with the company’s ability to counter lower revenue with higher electricity output and reduced costs. The power generation company had a net loss of $11-million, or four cents per share, while adjusted profit fell to $32-million or 12 cents per share and revenue fell to $540-million.

TORONTO — Hudson’s Bay Co. plans to initiate a quarterly dividend of just over nine cents per share despite a wider a loss from continuing operations. The dividend will be paid Dec. 27 to shareholders of record on Dec. 19. HBC said its loss from continuing operations was $8.5 million or eight cents per share in the third quarter. That compared with a loss from continuing operations of $7.5 million or seven cents per share in the same year-earlier period.

Zacks.com submits: Kimco Realty Corp (KIM), a leading real estate investment trust ((REIT)), reported a 17.3% increase in first quarter 2010 rental revenues compared to the year-earlier quarter. Revenues for the reported quarter increased to $227.0 million from $193.6 million in the year-ago quarter.

By William Meyers: Looking for the technology company that reported calendar Q3 2011 revenue that was 58% higher than its Q3 of 2010? That would be Silicon Graphics International (SGI), manufacturer of high-performance technical computers (supercomputers) and high-efficiency server systems for data centers and cloud computing.

By Zacks.com: Morgan Stanley’s (MS) second-quarter 2011 loss from continuing operations came in at 38 cents per share, substantially better than the Zacks Consensus Estimate of a loss of 63 cents. This represents Morgan Stanley’s first quarterly loss after seven consecutive quarters of income since the economic crisis began.