BRIEFCASE.Byline: -- Staff and Wire Services UAL UAL United Airlines (ICAO code) UAL Unified Accelerator Library (Brookhaven National Laboratory) UAL User Account Lockdown UAL User Access Layer UAL Universal Auxiliary Language UAL User Agent Layer still losing after bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most CHICAGO -- United Airlines parent UAL Corp. reported a wider first-quarter loss Monday despite the completion of its 38-month bankruptcy overhaul, blaming the shortfall on record fuel prices, stock-based compensation expense and a change in accounting methods. Company executives, while ``encouraged'' by strong revenue improvements, said United's costs remain too high. They pledged to cut $400 million by next year by streamlining functions, spending less on advertising and eliminating an unspecified Adj. 1. unspecified - not stated explicitly or in detail; "threatened unspecified reprisals" specified - clearly and explicitly stated; "meals are at specified times" number of salaried and management jobs. The parent of the nation's No. 2 carrier officially reported a $22.9 billion on-paper profit for the quarter, but that total was misleading. The figure reflected the reversal of on-paper losses recorded for all of last year, when unsecured Unsecured A loan or equity interest that is given without any guarantee of payment, performance, satisfaction or opportunity for return from the recipient. No property, interest or security is used as collateral in either a guarantee or a pledge. claims that would ultimately be settled for a fraction of the charges resulted in a $21 billion loss for 2005. The more representative figure, the company said, was a loss of $306 million before reorganization items versus a loss of $302 million during the first quarter a year ago. Dell shares fall to 52-week low SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. -- Amid stiffening stiff·en tr. & intr.v. stiff·ened, stiff·en·ing, stiff·ens To make or become stiff or stiffer. stiff competition, computer maker Dell Inc. said Monday that fiscal-quarter results will miss earnings targets, blaming the shortfall on ``pricing decisions.'' The news sent Dell shares falling nearly 6 percent to a 52-week low. The Round Rock, Texas-based company said it expects to earn 33 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. on revenue of about $14.2 billion, compared with analysts' average estimate of 38 cents per share on revenue of $14.52 billion. Dell, which sells computers directly to consumers and is the world's largest PC maker, previously forecast a profit ranging from 36 cents to 38 cents per share, including stock-option costs of 3 cents, on revenue of $14.2 billion to $14.6 billion. Dell said the shortfall from the previous guidance stems primarily from pricing decisions in the second half of the quarter that the company expects will accelerate revenue growth in the future. |
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