I think I need a jump, Bay-Stater?
"A123’s loss widens, despite sales gains
Watertown-based A123 Systems Inc., a developer of lithium-ion batteries for use in automobiles, reported a wider loss in its third quarter, its first since going public. The loss, reported late Tuesday, was driven by higher product costs and operating expenses, which more than offset a 3 percent rise in revenue....
The company lost $22.9 million.... compared with a loss of $18.9 million a year earlier.
Also see: Slow Saturday Special: Evergreen Turns Brown
I wonder what the total taxpayer bill from Watertown is going to be.
--more--"
So WHO is BAILING THEM OUT, readers?
Stimulus Fails to Jump-Start Battery Maker
Watertown Battery-Maker Pours Battery Acid in Boston-Power Wound
Game Report: Mass. Loses to Michigan
You know what?
They can HAVE the LOOTING LOSERS!!!!!!
