On Friday, the company widened a year-earlier net loss to $23.4 million, on revenues of $25.6 million.

Companies UAL reported a loss twice the size of the year-earlier loss, and said it would cut capital spending by $2 billion.

Net income at Pearson was £55 million, in contrast to a year-earlier loss of £111 million.

That loss was down from the year-earlier loss of $51 million, or 14 cents a share, and close to analysts' expectations.

The company said its fourth-quarter loss was $83.6 million, or $1.52 a share, compared with a year-earlier loss of $54.1 million, or $1.28.

Kirkland's Inc., a home decor retailer, reported a quarterly profit yesterday, reversing a year-earlier loss, as sales rose nearly 6 percent.

The profit reversed a year-earlier loss of 603 billion yen.

An increase in travel and the sale of assets helped Lufthansa post a profit in the first quarter, reversing a year-earlier loss.

And that loss would follow a year-earlier loss, he noted.

The profit reversed a year-earlier loss of 46 million Australian dollars.