He stated the company's view as he announced the third consecutive year of larger-than-expected losses at a news conference in Paris.

The company said that it would report a larger-than-expected loss and that its chief executive had resigned.

First Executive reported a larger-than-expected loss for the last quarter of 1989, reflecting the turmoil in "junk bonds."

Those units operated at a larger-than-expected loss of nearly $23 million in the second quarter.

Sun Microsystems reported a decline in revenues for the twelfth consecutive quarter and a larger-than-expected loss.

Even before the announcement of the larger-than-expected loss, Ames was experiencing a serious cash shortage.

They also say that it faces larger-than-expected losses in Japan.

Caterpillar reported a larger-than-expected third-quarter loss and predicted a loss in the fourth quarter.

AMR forecast the larger-than-expected loss after the stock market closed yesterday.

Borland International shares fell nearly 15 percent after its chief executive resigned and the company forecast a larger-than-expected loss in its first quarter.