Seagram expects units to post strong earnings in fiscal 2000

Article Abstract:

Seagram Co. is expecting to post over $1 billion (1.04 billion euros) in earnings for the fiscal 2000 year. The company's earnings comes before taxes, interest, and amortization.

Seagram posted a wider loss in last results as an independent

Article Abstract:

Seagram Co. posted a $369 million (434.3 million euros) net loss for the period ending September 30, 2000. The company posted a $124 million loss during the same period in 1999.

Seagram's loss in quarter is held in check by liquor, music units

Article Abstract:

Seagram Co. reported a $226 million net loss for the second-quarter of 1999. However, the performance of the company's music and liquor units countered the disappointing results from Seagram's movie group. During the same period in 1998, the company posted $28 million in earnings. The quarterly loss amounted to 63 cents per share. Seagram said that it is dealing with management troubles in its movie division.

Comment:

Reports $226 million net loss for the second-quarter of 1999

Abstract, Liquor industry