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Viv U reruns gigantic accounting charge. (Business).(Vivendi Universal)(Brief Article)(Statistical Data Included)
NEW YORK -- Vivendi Universal Monday said revenue for all its assets, including subsid Vivendi Environment, rose 12% in the first quarter to 13.7 billion euros ($12.4 billion) with a huge net loss due to a one-time accounting charge.
The news, which expands on its latest results, comes as Vivendi investigates voting irregularities at its shareholders' meeting last week and reports circulate that the company is considering dumping its loss-making Internet assets, which include Vizzavi, Scoot and iFrance.
Vivendi Environment, involved in water utilities, waste management and transportation, makes up about half of the conglom's business. Viv U reported showbiz results separately last week.
Consolidated net losses widened to $15.4 billion after an accounting charge for ...
- Vivendi Universal Will Reduce to Approximately 40% Its Stake in Vivendi...
- News wire article from: Canadian Corporate News June 18, 2002 700+ words
...2002 The Board of Directors of Vivendi Universal (Paris Bourse: EX FP; NYSE: V...today, validated a plan to reduce Vivendi Universal's stake in Vivendi Environnement...conditions. The Board of Directors of Vivendi Universal unanimously authorized the company...
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...Media Corporation's lawsuit against Vivendi Universal (Paris Bourse: EX FP; NYSE: V...company stated the following: "Vivendi Universal intends to vigorously defend this...without notice, just one day after Vivendi Universal, through its bankers, and Liberty...
- Vivendi Universal Closes Acquisition Of Entertainment Assets Of USA Networks,...
- News wire article from: Canadian Corporate News May 9, 2002 700+ words
...and Distribution Entity Called Vivendi Universal Entertainment (VUE) to be Led by Barry Diller Vivendi Universal (Paris Bourse: EX FP;NYSE...billion in cash and 27.6 million Vivendi Universal shares to Liberty Media. Under...
- Vivendi Universal Recaps Asset Disposal Program for the Second-Half 2002.
- Press release article from: Business Wire January 16, 2003 700+ words
...From July 1 to December 31, 2002, Vivendi Universal (Paris Bourse: EX FP; NYSE:V...E6.8 billion had been closed and Vivendi Universal had collected E6.4 billion in cash...Comareg (EV of E320 million). Vivendi Universal's net book debt (gross debt less...
- Vivendi Universal: Disposal Of Canal+ Technologies to Thomson Multimedia.
- News wire article from: Canadian Corporate News September 25, 2002 700+ words
...CCNMatthews via COMTEX) Canal+ Group, a Vivendi Universal (Paris Bourse: EX FP; NYSE: V...competition authorities, is part of Vivendi Universal's disposal of assets program announced...Sony and Sogecable. Last April, Vivendi Universal and Thomson Multimedia concluded...
- Vivendi Universal Updates Market On Asset Disposal Program.
- News wire article from: Canadian Corporate News November 8, 2002 700+ words
...2002 (CCNMatthews via COMTEX) Vivendi Universal (NYSE: V; Paris Bourse: EX FP) -- Vivendi Universal looks to sell half of its interest...Vivendi Environnement shares, Vivendi Universal should have sold assets worth around...
- Vivendi Universal Intends to Terminate Its ADR Program.
- News wire article from: Canadian Corporate News January 17, 2006 700+ words
...CCNMatthews via COMTEX) -- Vivendi Universal is considering the termination...increased significantly; -- Vivendi Universal is continuously seeking...financial costs. As a result, Vivendi Universal will propose to ADR holders...
- Vivendi Universal Will Cancel Another 33 Million Shares, Bringing Cancellations...
- News wire article from: Canadian Corporate News September 25, 2001 700+ words
...FRANCE, SEPTEMBER 25, 2001 (Vivendi Universal: Paris Bourse -- EX FP; NYSE: V) The Vivendi Universal Board of Directors met today...to 3% of the capital stock. Vivendi Universal stock is now trading at prices...