10:00AM New York - Atlas America, Inc revenue rose 78% and net loss was $66.6 million. Clear Channel Outdoor Holdings, Inc revenue fell 16% and net loss was $3.0 billion. Overseas Shipholding Group, Inc revenue rose 42% and net loss was was $79.5 million.
American International Group, Inc, once the world''s largest insurer reported no revenues during the three months ended December 31, 2008 and December 31, 2007. Net loss in the fourth quarter was $61.7 billion or $22.95 per diluted share compared to net loss of $5.3 billion or $2.08 per share a year ago.
Net loss for the fiscal year 2008 was $99.3 billion $37.84 per diluted share compared to net income of $6.2 billion or $2.39 per share a year ago.
American International Group, Inc (
AIG) in the last one year traded as high as $51.47 in May 2008 and as low as $0.38 in February 2009. Based on the Friday''s closing price of $0.420 the company has market cap of $1.13 billion.
Atlas America, Inc, a natural gas producer reported fourth quarter revenues rose 78% to $379.5 million from $213.6 million a year ago. Net loss in the quarter was $66.6 million or $2.41 per diluted share compared to net loss of $13.9 million or 51 cents per share a year ago.
Total revenues for the fiscal year 2008 rose 111% to $1.41 billion from $668.8 million a year ago. Net loss for the fiscal year 2008 was $73.7 million $2.68 per diluted share compared to net loss of $15.6 million or 66 cents per share a year ago.
Atlas America, Inc (
ATLS) in the last one year traded as high as $50.06 in May 2008 and as low as $9.92 in February 2009. Based on the Friday''s closing price of $10.07 the company has market cap of $395.21 million.
Clear Channel Outdoor Holdings, Inc, the outdoor advertising company reported fourth quarter revenues fell 16% to $785.5 million from $936.7 million a year ago. Net loss in the quarter was $3.0 billion or $8.53 per diluted share compared to net income of $106.6 million or 30 cents per share a year ago.
Net revenues for the fiscal year 2008 rose 0.3% to $3.29 billion from $3.28 billion a year ago. Net loss for the fiscal year 2008 was $2.9 billion $8.03 per diluted share compared to net income of $246 million or 69 cents per share a year ago.
Clear Channel Outdoor Holdings, Inc (
CCO) in the last one year traded as high as $24.15 in March 2008 and as low as $2.75 in February 2009. Based on the yesterday''s closing price of $3.25 the company has market cap of $1.16 billion.
Overseas Shipholding Group, Inc, providing energy transportation services reported fourth quarter revenues rose 42% to $393.1 million from $276.8 million a year ago. Net loss in the quarter was $79.5 million or $2.89 per diluted share compared to net income of $21.0 million or 67 cents per share a year ago.
Total revenues for the fiscal year 2008 rose 50% to $1.70 billion from $1.13 billion a year ago. Net income for the fiscal year 2008 rose 50% to $317.7 million $10.65 per diluted share compared to net income of $211.3 million or $6.16 per share a year ago.
Overseas Shipholding Group, Inc (
OSG) in the last one year traded as high as $87.79 in June 2008 and as low as $25.25 in February 2009. Based on the yesterday''s closing price of $25.72 the company has market cap of $728.84 million.