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Sony Ericsson 3Q loss widens; gets new financing

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STOCKHOLM — Mobile phone maker Sony Ericsson on Friday said its losses widened to euro164 million ($245 million) in the third quarter, mainly due to plunging sales, but reassured the market by announcing it had secured new financing from external investors. (Washington Post — 16 October, 2009)
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Mobile phone maker shows a higher third-quarter net loss of $243.7 million compared with $37.1 million a year ago, but still beats estimates. (CNET News.com — 17 October, 2009)
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Sony Ericsson 3Q loss widens; gets new financing
Sony Ericsson 3Q loss widens; gets new financing

HELSINKI — Nokia Corp., the world’s biggest cell phone maker, announced changes to its executive team on Friday – a day after it reported a sharp fall in market share of smartphones and a net quarterly loss. (Washington Post — 16 October, 2009)
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