Word: loss
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...part of its credit-card portfolio. When consumers are drowning in mortgage and other credit-card debt, they often ignore retail-card obligations. Rising defaults and delinquencies have dragged earnings. In 2008 credit-card profits dropped 80.5%, to $155 million, and the company incurred a $135 million pre-tax loss on its credit segment in the fourth quarter. "The company did great with its credit business when the economy was up, but now that it's down, carrying your own credit is devastating," says Davidowitz. At least Target can be grateful it made one smart move: in May, the company...
...once again, the Crimson choked, falling in a 4-1 loss against Princeton...
...Jania followed up a strong 6-3 first set with a 6-4 loss in the second. In the final set she converted a break point to make the set 5-5. She prevailed in the next game after almost blowing a 40-0 lead...
Tonight, the Harvard men’s lacrosse team will face Hartford (0-3) as it attempts to bounce back from a disappointing loss last weekend when the Crimson dropped a 7-3 contest to then-No. 19/17 Massachusetts...
...other hand, a loss to Hartford may lead critics to believe the upset in Durham was a fluke...