AVATAR HOLDINGS: The Coral Gables builder lost $8.8 million, or $1.01 per share, for the third quarter, compared to a loss of $22.1 million, or $2.59 per share, for the same period of last year.

Revenue fell 18 percent to $18.2 million.

During the quarter Avatar closed on 76 homes, up 15 percent from last year.

TERREMARK WORLDWIDE: The operator of the Nap of the Americas lost $7.5 million, or 12 cents per share, compared to a loss of $8.4 million, 14 cents per share, in the same period of last year. Revenue grew 17 percent to $69.8 million.

DISH NETWORK:The second-largest satellite TV provider in the United States says profit fell 12 percent to $81 million, down from $92 million a year ago.

Revenue for the three months ended Sept. 30 edged down nearly 2 percent to $2.89 billion.

Dish says it gained about 241,000 net subscribers, up nearly 2 percent to 13.9 million.

Dish is widely regarded as one of the weaker players in the pay-TV industry, which encompasses cable, satellite TV and phone companies that provide TV services. Dish focuses on being the low-cost provider, but that strategy hasn't led to growth amid cable and phone company discounts on their triple-play bundles of phone, Internet and cable TV.

ALLIANZ: The German insurer said it posted a net profit in the third quarter from a loss a year ago due to improved revenue in life and health insurance and financial services.

Allianz, based in Munich, said net income rose to euro1.32 billion ($1.96 billion) from a loss of euro2 billion in the third quarter a year ago.

Revenue in the July-September period rose 4.3 percent to more than euro22 billion from euro21.1 billion in the third quarter of 2008.

PUMA: The German sportswear company said net income fell 24 percent in the third quarter due to a drop in sales, especially for footwear and in its American markets.

Puma, based in Herzogenaurach, said net income amounted to euro68 million ($101 million) in the July-September period, down from euro89 million in the third quarter of 2008.

Revenue for the period was 6 percent lower at euro673 million from euro713 million in the third quarter of 2008.

Join the discussion

The Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. In order to post comments, you must be a registered user of MiamiHerald.com. Your username will show along with the comments you post. Thank you for taking the time to offer your thoughts.

     Showing: Oldest first Newest first Most-recommended first Least-recommended first

@Nyx.AuthorDisplayName@ wrote on @Nyx.PostedAtTime@:

@Nyx.repliedToText@

@Nyx.replyAnswerText@

Reply to this Comment @Nyx.Recommender@ @Nyx.AbuseReporter@